https://www.taxtmi.com/news?id=18173 Retail inflation dropped to a record low in May driven by food deflation in vegetables and pulses, reinforcing arguments for central bank monetary easing while creating adverse consequences for farm incomes. Simultaneously, industrial growth slowed in April with manufacturing, capital goods and consumer durables underperforming, attributed partly to lagged effects of demonetisation and accompanied by upward revisions to prior IIP estimates by the statistical agency. en-us Tue, 13 Jun 2017 15:09:07 +0530 Tue, 13 Jun 2017 15:09:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18173 Retail inflation dropped to a record low in May driven by food deflation in vegetables and pulses, reinforcing arguments for central bank monetary easing while creating adverse consequences for farm incomes. Simultaneously, industrial growth slowed in April with manufacturing, capital goods and consumer durables underperforming, attributed partly to lagged effects of demonetisation and accompanied by upward revisions to prior IIP estimates by the statistical agency. News - Tue, 13 Jun 2017 15:09:07 +0530 https://www.taxtmi.com/news?id=18173