Retail inflation jumped to a three-month high of 5.55 per cent in November, primarily due to a rise in food inflation, even as other components such as housing, clothing and footwear registered a moderation, data released by the National Statistical Office (NSO) on Monday showed.
Data released separately by the NSO also showed that factory output, as measured by the Index of Industrial Production (IIP), rose to a 16-month high of 11.7 per cent in October, due to a favourable base effect and a general pick-up across sectors such as mining, manufacturing, electricity and capital goods.
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