June Month IIP & July Month CPI data has been released and are not at all encouraging . Two Months back it was looking that Consumer Price Inflation is coming under control but due to higher vegetable prices it has again gone upward . CPI which was 8.6% in April and 7.5% in June has again gone up and touched 8% in July 14 . Similar trend has also been seen in IIP data . It has come down to 3.4% in June 14 from 5% in May 14 when it was looking that Industrial activity has started recovering. Both these data will definitely be concerning for the policy Maker at New Delhi for the coming Months
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