Industrial output improves; inflation cools further to 5.2% - Times of India

The author has posted comments on this article Reuters | Nov 12, 2014, 06.19PM IST

Consumer food price inflation, under a new series published by the government, eased to 5.59 per cent last month from 7.67 per cent in September.

NEW DELHI: India's industrial output grew a faster-than-expected 2.5 per cent year-on-year in September, helped by a rebound in capital goods sector, government data showed on Wednesday.

Analysts polled by Reuters had forecast the output to grow a meagre 0.6 per cent. Industrial production was upwardly revised to 0.5 per cent year-on-year in August from 0.4 percent earlier.

Meanwhile, India's annual consumer price inflation eased for a third straight month in October to 5.52 per cent, its lowest level since the government started releasing the data in 2012, data showed on Wednesday.

The latest number was lower than a Reuters poll forecast of 5.80 per cent and September's 6.46 per cent print.

Consumer food price inflation, under a new series published by the government, eased to 5.59 per cent last month from 7.67 per cent in September.