Inflation Dec’22 & IIP Nov’22

Headline inflation eases further in December; industrial production witnessed sharp uptick in November.

Retail inflation measured in terms of consumer price index (CPI) further moderated to 5.72% YoY in December 2022 from 5.88% in November (5.66% in December 2021). This is the second consecutive month the inflation remained below the Monetary Policy Committee’s upper tolerance band of 6%.

January 12, 2023

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