Friday, June 12, 2015

April 2015 IIP grows at about 4.1% and May 2015 CPI inflation at 5.01%


April 2015 IIP grows at about 4.1%

Growth in industry output, as measured in terms of IIP, for the month of April 2015 is estimated at 4.1% as compared with 2.5% during March 2015. The growth in the three sectors mining, manufacturing and electricity in April 2015 stands at 0.6%, 5.1% and (-)0.5% respectively as compared to 1.1%, 2.8% and 1.96% in March 2015. Capital goods growth stands at 11.1% during April 2015 as compared to 8.7% during March 2015. The growth in Basic goods stands at 2.8% during April 2015 as compared to 2.6% in March 2015. Consumer goods have grown at 3.1% during April 2015 as against  (-)0.39% during March 2015.

May 2015 CPI inflation at 5.01%

Rural India inflation stands at 5.5% in May 2015 as compared to 8.2% in May 2014 and Urban India inflation stands at 4.4% in May 2015 as against 8.4% in May 2014

The all India general CPI (Combined) for May 2015 stands at 5% as compared to 4.9% in April 2015. The inflation rates for rural and urban areas for May 2015 are 5.5% and 4.4% as compared to 5.3% and 4.4% respectively, for April 2015.


Rate of inflation during May 2015 is high in pulses and products at 16.62%, Pan, tobacco and intoxicants at 9.5%, Spices at 8.8%, milk and milk products at 7.4%, and fuel and light at 6%.

      All India annual inflation rates (%) for April 2015 and March 2015
Category
Annual inflation rate (April 2015)
Annual inflation rate (April 2015)
Rural
Urban
Combined
Rural
Urban
Combined
Food and beverages
5.16
5.08
5.13
5.38
5.41
5.36
Pan, tobacco and intoxicants
8.86
10.99
9.50
8.67
10.63
9.22
Clothing and footwear
7.09
4.65
6.12
7.05
4.84
6.15
Housing
-
4.64
4.64
-
4.65
4.65
Fuel and light
7.41
3.42
5.96
6.97
3.43
5.60
Miscellaneous
4.56
3.13
3.85
4.13
2.51
3.32
General Index (All Groups)
5.52
4.41
5.01
5.37
4.36
4.9
      Source: PHD Research Bureau, compiled from MOSPI
      Note: CPI (Rural) for Housing is not available

Consumer Price Index for the month of May 2015 for rural, urban and combined stood at 122.4, 120.7 and 121.6 respectively.

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