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Index of Industrial Production (IIP) growth rate declined with 15 month high Price rates in Indian Market are believed a double shock for Indian Economy at present in India.
This Shocking Statistical Data of Indian Economy revealed by Central Statistical Organization (CSO) after it opened up the true situation of Ground Zero. IIP growth rate declined up to as low as 2.2 % in preceding 3 Months and the the rate of inflation (Price Rise) in Retail Sector also reached up to 4.8 % which which is the 15 Months highest as per this revelation as per Data of Central Statistical Organization
The current Economic approach of ascending prices in Fuel. Vegetables and Eggs which trends other commodities towards inflation as Experts Urge.
Economists and Market Experts warns appropriate Authorities to keep under control of Market Demand along with Retail Inflation else it’s bad impact may be seen on common men of India soon in future course of Indian Economy.