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Industrial growth rises by 4.9% in April

Wednesday, June 13, 2018

Industrial output expanded by 4.9% in April this year, spurred by higher growth in manufacturing and mining sectors.

The industrial growth, measured on the Index of Industrial Production (IIP), was 3.2% in April last year.

In March this year, industrial production had grown at 4.4%. As per the data released by the Central Statistics Office (CSO), the manufacturing sector, which constitute more than 77% of the index, recorded a growth of 5.2% in April, up from 2.9% in the year ago month.

The mining sector too expanded by 5.1%, up from 3% in April 2017. The growth in power generation however slipped to 2.1% in April this year, from 5.4% in the year-ago month.

Retail inflation inches up to 4.87% in May
Retail inflation inched up to 4.87 in May on increase in prices of certain items in the food basket, as per the government data released yesterday. Based on the Consumer Price Index (CPI), the inflation was at 4.58% in the preceding month April.

In May last year, it was 2.18%. As per the data of the Central Statistics Office (CSO), food inflation rose to 3.10% last month, as against 2.8% in April.

The price data is collected from selected towns by the Field Operations Division of NSSO and from selected villages by the Department of Posts.

 

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