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India's infrastructure output in June rose 8.9% year-on-year, compared with 16.8% in the previous month, government data on Friday showed.
The data released by the commerce and industry ministry on July 30 showed that production declined in just one out of the eight core sector industries - crude oil.Positive growth was seen in seven out of eight sectors.
Data released by the industry department showed that the coal sector grew 0.4% from May to June.
Crude oil production continued to contract, falling by 1.8 percent in June. Refinery output and steel production in June eased from double-digit growth in May. 
Cement production rose by a smaller margin of 4.3 percent, while electricity output rose by 7.2 percent in June. Fertilizer production turned positive.

India's infrastructure output in June up 8.9% y-o-y vs 16.8% in May

India's infrastructure output in June rise to 8.9%, due to an&nbsp;uptick in production of natural gas, steel, coal and electricity, official data showed.

The data released by the commerce and industry ministry on July 30 showed production declined in just one out of the eight core sector industries - crude oil.

India's infrastructure output in June rose 8.9% year-on-year, compared with 16.8% in the previous month, government data on Friday showed.
The data released by the commerce and industry ministry on July 30 showed that production declined in just one out of the eight core sector industries - crude oil. Positive growth was seen in seven out of eight sectors.
Data released by the industry department showed that the coal sector grew 0.4% from May to June.
Crude oil production continued to contract, falling by 1.8 percent in June. Refinery output and steel production in June eased from double-digit growth in May. 
Cement production rose by a smaller margin of 4.3 percent, while electricity output rose by 7.2 percent in June. Fertilizer production turned positive.

Retail inflation for the month of April clocked in at 4.29%, this is the lowest CPI&nbsp;number in 3 months. Food price inflation remained benign with just a 2% rise and vegetable prices seeing a 3% downtick&nbsp;on year-on-year basis.&nbsp;India's Industrial production soared to 22% for March after two months of contraction. But one should not find cheer in this number as last year for the same period data collection was not feasible due to the national lockdown&nbsp;in March 2020.&nbsp;All eyes will now move to the wholesale price index (WPI) to be released on Friday as commodity and fuel prices that have been on fire and has a much larger weightage&nbsp;on that index.&nbsp;

Headline inflation eases, IIP soars but too early to cheer

Retail inflation eases to 3 month low, Industrial production soars to 22% but cheer may be misplaced.&nbsp;

Headline inflation eases, IIP soars 

Retail inflation for the month of April clocked in at 4.29%, this is the lowest CPI&nbsp;number in 3 months. Food price inflation remained benign with just a 2% rise and vegetable prices seeing a 3% downtick&nbsp;on year-on-year basis.&nbsp; India's Industrial production soared to 22% for March after two months of contraction. But one should not find cheer in this number as last year for the same period data collection was not feasible due to the national lockdown&nbsp;in March 2020.&nbsp; All eyes will now move to the wholesale price index (WPI) to be released on Friday as commodity and fuel prices that have been on fire and has a much larger weightage&nbsp;on that index.&nbsp;

iip

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