New Delhi, Feb. 13 -- The Indian economy, according to data released on Monday, has displayed resilience as industrial output saw an uptick while inflation experienced a decline at the onset of the year.
In December, industrial output growth rebounded to 3.8 per cent after experiencing a drop to an eight-month low of 2.4 per cent in November.
Concurrently, Consumer Price Index (CPI)-based retail inflation dropped to a three-month low of 5.1 per cent in January, as reported by the statistics ministry.
The latest figures suggest a revival in manufacturing momentum in December following a period of slowdown. From April to December, factory output expanded by 6.1 per cent, slightly surpassing the 5.4 per cent recorded during the same peri...