The consumer price index (CPI) or retail inflation surged 0.95% month-on-month to 5.54% in November 2019 compared to 4.62% in the previous month, led by the rise in vegetable prices, as per the official data.
However, the industrial production (IIP) fell 3.8% in October 2019 as compared to the corresponding month last year. The manufacturing industry of computer, electronic and optical products has shown the highest negative growth of (-) 31.3% followed by (-) 27.9% in manufacturing of motor vehicles, trailers and semi-trailers.