Industrial Growth still very slow & Inflation increasing concern

v September Month IIP ( Index of Industrial Production) growth only at 2%  ( August à0.4% )

 

v Average growth in first 6 Months of current fiscal year 14  stood at 0.4%

 

vOctober Month Consumer Inflation touched double digit 10.09% ( Sept à9.84%)

 

v Higher Inflation may lead to one more Repo rate hike in December  ( already hiked 2 Times recently .  Repo à7.75%)