Tue, Sep 12, 2017
Nirmal Bang estimated IIP to be at 0.7% YoY for July 2017, up from -0.1% YoY in the previous month as it sees the sluggishness in industry on account of implementation of GST to continue in 2QFY18.
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CPI Inflation for the month of July 2017 came in at 2.4% and IIP stood at negative 0.1% in June 2017 - both below expectations.
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