As the monthly CPI and IIP data were released, they showed signs of double trouble, with inflation rising and factory output slowing. The September CPI Inflation rose, albeit moderately, to 3.77% from 3.69% in the previous month. Although, inflation is still within the 4% range of the Reserve Bank of India (RBI).
Meanwhile, the IIP data showed that the factory output in the month of August slowed down to 4.3% from 6.6% reported in July.
Source: Financial Express