Consumer price inflation rises, industrial output slows down
India’s retail inflation unexpectedly accelerated to a 15-month high of 4.88% in November 2017 while industrial production slowed down to 2.2% in October. Retail inflation, which rose 3.58% in October, rose in the subsequent month mainly on account of rising fuel and food prices. While fuel price inflation accelerated to 7.9%, food price inflation was […]