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    HomeNewsOpinionWhat does the index of industrial production say about consumption?

    What does the index of industrial production say about consumption?

    The IIP data show that while the production of consumer non-durables has been sluggish, the numbers on the domestic production of consumer durables are downright alarming

    Manas Chakravarty
    January 15, 2024 / 09:21 IST
    Clearly, the data on domestic staples production sits ill at ease with the upbeat anecdotal reports of booming consumption but fits the K-shaped recovery story rather well
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