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Is IIP a correct indicator of economic activity?

A more careful reading of IIP data, however, shows that the index might be a misleading source of reading consumer demand in the Indian economy

he Index of Industrial Production is the only official monthly indicator which gives an idea about the level of economic activity in manufacturing in the Indian economy. (Bloomberg file photo)
Published on Nov 14, 2023 12:02 PM IST
By, New Delhi

India’s K-shaped recovery crisis

IIP numbers reveal consumption demand at the bottom of the pyramid needs to pick up for economic growth to regain momentum

The Index of Industrial Production (IIP) grew at 5.8% in September(Bloomberg File Photo)
Published on Nov 13, 2023 09:14 AM IST
ByHT Editorial

Inflation rises to 4.81% but factory output surprises positively with 5.2% growth

The latest number positively surprised analysts since it turned out marginally higher than the Bloomberg forecast of 5%

HT Image
Updated on Jul 13, 2023 12:51 AM IST

Inflation eases below tolerance band of 6%

Headline inflation has once again come within the Reserve Bank of India’s tolerance band of 2-6% after two months, and is the lowest since November 2021

Representational image
Updated on Apr 13, 2023 02:20 AM IST
By, New Delhi

What does data tell us about spike in milk prices?

When read with wholesale inflation for dairy products, there seems to be a close connection between rise in fodder and dairy product inflation

For representational purposes only. (Thinkstock Photo)
Updated on Apr 12, 2023 10:24 AM IST
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