India’s Index of Industrial Production #IIP saw 0.2% YoY growth in Sep 2020,with index reading of 123.2

Mining,Manufacturing&Electricity sectors had readings of 87.6,125.3 &166.4

As per Use-based classification Primary goods' index was 112.1& Capital Goods at 88.4
#Modinomics

Index for Intermediate Goods was 132.2&128.5 for Infrastructure/ Construction Goods for Sep2020

Indices for Consumer durables& Consumer non-durables were 125.9 &149.9

Brushing aside de-growth projections, #IIP recorded a small but heartening YoY rise in Sep'20
#EconomicRecovery

Improvement in IIP data,broad based&3 out of 6 use-based categories,namely consumer non-durables,durables,infra &construction goods,displayed growth in Sep'20,which is great news

Electricity grew by 4.9%&Mining 1.4%,YoY in Sep'20

Consumer Durables grew 2.8%&Non Durables by 1.4%

CPI,as in, #RetailInflation in Oct'20 stood at 7.61% driven by food inflation of 11.07%,Vs 10.68% in Sep'20

However,with onion,tomato&potato prices coming down drastically this month,inflation will come down dramatically from Dec'20&should be 4-4.5% by Jan 2021,within RBI's range