Industrial output grows by 3.8 per cent in June

In what should cheer consumers and investors alike, consumer price index (CPI) inflation slowed to 3.8 per cent in July from 5.4 per cent in June while factory data showed an uptick in July.The CPI inflation figure was lower than the 4.5 per cent predicted by analysts, and food inflation was also lower in July than the previous month — while it was 5.5 per cent in June, it slowed to 2.15 per cent in July. The Index of Industrial Production (IIP) for June was at 3.78 per cent, up from 2.5 per cent in May. This improvement was mostly driven by manufacturing, which grew 4.6 per cent in June.
http://www.thehindu.com/todays-paper/tp-business/industrial-output-grows-by-38-per-cent-in-june/article7532167.ece