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National Statistical office data:
Provisional headline inflation slowed to three-month low of 4.29% in April.
Reason: decreased food price and statistical base effect.
Cereal, vegetable and dairy products witnessed deflationary trends.
However, meat and fishery products witnessed an inflationary trend.
Services, like transport, remain in double digit inflationary trend.
Industrial output data:
It increased by 22.4%, however Index of Industrial Production (IIP) had posted an 18.7% contraction in March 2020.
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