The Finance Ministry is looking to complete all its planned divestments for the ongoing financial year before the election code of conduct—that restricts the government from announcing new projects, concessions or financial grants to prevent it from influencing voters.
CPI Inflation further went down to an 18-month low of 2.2% Y-o-Y in Dec-18 from 2.3% Y-o-Y in Nov-18. Food prices declined by 2.5% Y-o-Y in Dec-18, extending their continuous decline trajectory to 3-months.
Low inflation prints and weak growth momentum likely to drive rate cuts. Headline CPI inflation stood at 2.2% YoY in Dec’18, in line with market consensus (our estimate: 2.3%) and slightly lower than 2.3% in the previous month.
The outlook on Indian real estate has been turning positive from global investors perspective owing to regulatory reforms, said Martin Samworth, Group President and Chief Executive Officer (CEO), CBRE Europe, Middle East and Africa (EMEA).
Lower fuel prices further eased India's retail inflation in December to 2.19 per cent from the annual rate of 2.33 per cent in November, even as food prices appreciated somewhat over the previous month although continuing to remain in the negative zone, official data showed on Monday.
We know there’s something called the Index of Industrial Production (IIP). This collects data of actual production (not prices) of various things – from electrical equipment to furniture to food products.
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