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# Business

India’s factory output rises by 1.2% in July

India’s factory output in July rose by 1.2 per cent from June’s contraction of 0.16 per cent, official data showed…

IANS | New Delhi | September 12, 2017 6:35 pm

India’s factory output rises by 1.2% in July

Representational Image (Photo: IANS)

India’s factory output in July rose by 1.2 per cent from June’s contraction of 0.16 per cent, official data showed on Tuesday.

However, on a year-on-year basis, the output was lower when compared to a rise of 4.5 per cent reported for July, 2016.

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Inflation pressures

Inflation, once thought to be tamed and controlled by the steady hand of central banks, is staging a comeback, and it is not a quiet one. The era of low inflation, marked by decades of economic stability, seems like a distant memory as we grapple with the resurgence of price pressures.