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India's factory output up at 5.7%, retail inflation falls to 3.41% | ||||||||
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India's factory output rose 5.7 per cent in November, the first month of the government's demonetisation drive, while retail inflation declined to 3.41 per cent in December from 3.63 per cent in the month before, official data showed on Thursday. The factory output, as per the Index of Industrial Production (IIP), had declined by 1.81 per cent in October and a 3.4 per cent slide in the corresponding month of last year.
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