Retail inflation at 16-month low, factory output up 1%

NEW DELHI: Retail inflation slowed to a 16-month low in January on the back of cooling of some food items, while industrial output growth clawed back into positive territory in December, bringing some cheer for an economy battling a record slump due to the impact of the deadly pandemic. Data released by the National Statistical Office (NSO) on Friday showed retail inflation, as measured by the consumer price index, eased to 4.1% in January, slower than the 4.6% recorded in the previous month.
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