CONSUMER DURABLES GROWTH

  • December IIP no at 2pc, rate cuts ahead February 12, 2009

    The December index of industrial production (IIP) number has come in at 2 per cent versus 8 per cent yearonyear (YoY). A significant fall in manufacturing output (2.5 per cent versus 8.6 per cent YoY) and consumer durables growth (12.8 per cent versus 2.8 per cent) may have led to the...