Index of Industrial Production for May at an upside

Q.  Index of Industrial Production for May was at the upside of what percent against a decline of -0.8 percent in April?
- Published on 13 Jul 16

a. 1.3
b. 1.4
c. 1.5
d. 1.2

ANSWER: 1.2
 
Index of Industrial Production for May rose on an upside coming at 1.2 percent against a decline of -0.8 percent in April.
  • This has been the best figure since February 2016.
  • Four of the previous six months have seen a contraction.
  • Contraction declined to 2.2 percent for the month in question.
  • Consumer Price Index for June was flat at 5.77 percent as against 5.76 percent in May.
  • Food inflation rose to 7.79 percent in the previous month

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