”Initiatives taken by the government to address the structural issues that impact manufacturing sector growth need to continue and stepped up to ensure that growth in manufacturing accelerate,” he said. The data further showed that the retail inflation, based on Consumer Price Index (CPI) was 5.77 per cent in June. On cumulative basis, the factory output in the April-June quarter grew by 0.6 per cent compared to 3.3 per cent growth in the year-ago period. In terms of industries, 18 out of 22 industry groups in the manufacturing sector have shown positive growth during the month of June. Inflation in fruits, vegetables and pulses was 3.53 per cent, 14.06 per cent and 27.53 per cent respectively.

Source: The Telegraph August 12, 2016 15:33 UTC