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    I
    Indian Economy
    TREND | 13 Sep 2023

    Industrial output accelerates, but still-elevated non-core CPI inflation is set to moderate

    buy
    Indian Economy
    by ICICI Securities Limited
    ICICI Securities Limited
    Industrial output accelerated in Jul’23 to 5.7% YoY growth, and is likely to strengthen further as infrastructure goods stay strong, and capital goods output rebounds from a brief hiatus in growth momentum. Other pockets of strength included basic metals (+12.8% YoY, with steel output up 21% YoY) and pharmaceuticals (+12% YoY) in Jul’23.
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    Trendlyne Analysis released a Economy Update report for Indian Economy on 16 Sep, 2025.
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