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Macro Economic Update

 
   
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Latest News

India Consumer Price-based inflation
India’s Consumer Price-based inflation for April 2019 came in at 2.92% compared to 2.86% a month prior. Core CPI decelerated to 4.54% in April from 4.99% a month ago.
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Industrial production
Industrial production fell to 21-month lows of -0.1% in Mar-19. Cumulatively, IIP for FY19 stood at 3.6%, lower than 4.4% in FY18. Nonetheless, significant sequential uptick was observed across all sectors: Mining sector grew by 17.9%, Manufacturing grew by 8% and Electricity sector grew by 16.9%
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Wholesale Price inflation (WPI)
Wholesale Price inflation (WPI) stood at 3.07% for Apr-19 compared to 3.18% in Mar-19 despite significant upside momentum in the prices of primary articles due to a favourable base.
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