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INDIA: Consumer Prices Rise 4.75% Y/Y in May

INDIA

Consumer prices rose 4.75% y/y (Est: +4.85%; Prior: +4.83%) in May, according to the Central Statistics Office.

  • Food prices rose 8.69% y/y
  • Food and beverage prices rose 7.87% y/y

Industrial production rose 5.0% y/y (Est: +4.5%) in April compared to a revised +5.4% in March.

  • Mining production rose 6.7% y/y
  • Manufacturing production rose 3.9% y/y
  • Consumer durables rose 9.8% y/y

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