ICRA

CPI inflation rose to 3.99% in September 2019, in line with the mid-point of the MPC’s medium-term inflation target Industrial output contracted by 1.1% in August 2019 driven by manufacturing and electricity WPI inflation dipped to a 39-month low 0.3% in September 2019, driven by deeper disinflation in fuel and power, and core WPI

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ICRA Special Comments

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