Choice India
On used based classification, consumer durables sector witnessed the fourth contraction in 2.0% the last 5 months and recorded a contraction of (-)6.9% in October v/s (-)3.4% in September. The output of consumer non-durables grew by 7.7% (10.3% in September) 0.0% indicating reviving demand in the rural sector. Capital goods sector, a barometer of investments in economy, expanded by 6.8%, this was the third consecutive positive reading -2.0% of sector after a series of contractions. CPI inflation increases to 15-month high at 4.9% in November'2017: CPI inflation or retail inflation rose to 15-month high at 4.9% in November as compared to 3.6% in October...
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