Industrial Output Dips to 1.3% in Dec; Retail Inflation Hits 16-month High in Jan
Industrial output, which remained in the negative zone for the second month, in December shrank 1.3% while retail inflation in January edged up to a 16-month high, prompting the industry to call for urgent policy action in the forthcoming Budget. According to the data released by the Central Statistics Office (CSO), while factory output continued