• News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
BW Businessworld

June IIP Growth Encouraging: FM

Photo Credit :

India's industrial output growth data in June is encouraging, Finance Minister Pranab Mukherjee told reporters on Friday.

Industrial output growth jumped in 8.8 per cent in June, above forecasts, indicating that the central bank will continue to raise interest rates to battle stubbornly high inflation despite fears of the impact of a fragile global economy.