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- IIP AND CPI DATA UPDATE
Posted by : Simran Shah
Thursday, 12 June 2014
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.