Fri, 12 Jul 2013 16:54:04 GMT
India's industrial production suddenly falls as inflation accelerates
India's factory output plunged surprisingly in May. It fell 1.6% from a year earlier, while the median estimate was for a 1.4% increase in output. Another report on inflation showed that the CPI increased to 9.87% in June from 9.31% in May. The Rupee appreciated 0.1% to 59.63 per Dollar. The S&P BSE Sensex gauge advanced 1.4%.