Factory output shrinks, rising inflation at 5.5% begins to hurt

Factory output contracted 3.8% in October after shrinking 4.3% in September, in sharp contrast with an 8.4% expansion in October last year. Retail inflation continued to surge in November, fuelled by soaring food prices, as prolonged rains dampened vegetable supplies.

from Hindustan Times - topnews https://ift.tt/2YIGKuR