<h1>India's Economy Shows Steady Growth in 2015: IIP Surges Over 6%, CPI Inflation at 4.4.</h1> The Ministry of Finance reports that India's economy is showing steady improvement, as evidenced by the Index of Industrial Production (IIP) and Consumer Price Index (CPI) data. In August 2015, IIP growth exceeded 6% for the first time in 34 months, with cumulative growth at 4.1% for the first five months of 2015-16. Manufacturing led this growth at 6.9%, supported by significant increases in capital goods and consumer durables. Inflation, as measured by the CPI, rose to 4.4% in September 2015, but remains lower than the previous year. The industrial growth reflects a recovery driven by domestic demand.