IIP AND CPI DATA UPDATE

IIP DATA (Index of industrial production)

IIP data is a simple index which provides information about the growth of different sectors of our economy like mining, electricity, Manufacturing & General. The IIP index reflects the growth in India’s industrial activity and excludes all kinds of services.

·         April IIP stood at  3.4% vs -0.5% in March. 

CPI DATA (Consumer Price Index)

The CPI measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

·         May CPI stood at 8.28% vs 8.59% in April.