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homevideos Newseconomy NewsJuly IIP & August CPI due today: Here's what you should expect

July IIP & August CPI due today: Here's what you should expect

The index of industrial production (IIP) data for July and retail inflation data for August will be released later this evening. Here are the key expectations.

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By Ekta Batra  Sept 12, 2019 2:37:00 PM IST (Updated)

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The index of industrial production (IIP) data for July and retail inflation data for August will be released later this evening. Here are the key expectations:

  • The consumer price index (CPI) data for August is estimated to come at a marginally higher level at around 3.28 percent versus 3.15 percent a month earlier.
  • The core CPI is estimated to come in at around 4.16 percent, marginally lower on a month-on-month basis.
  • If retail inflation does come at sub-4 percent, it will be the 13th month in a row for a sub-4 percent figure.
  • The food and beverage inflation is expected to see an uptick at around 3 percent versus 2.33 percent on account of a lower base.
  • For IIP, one can expect a little bit of an uptick as compared to the previous months. July IIP is expected at around 2.26 percent versus 2 percent on a MoM basis.
    • First Published: Sept 12, 2019 8:23 AM IST
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    consumer price index (CPI)index of industrial production (IIP)month-on-month (MoM)Retail inflation datayear-on-year (YoY)

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