No green shoots: Industry, inflation data point to economy's bottlenecks

The Union ministry of statistics and programme implementation on Tuesday released two important sets of recent data: the index of industrial production (IIP) for September 2013 and the consumer price index (CPI) for October 2013. The overall picture that the two pieces of data suggest is that the Indian economy is still in trouble. The twin devils plaguing the economy - of low investment and high food inflation - have not yet been slain.

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