CPI inflation declined to 4.9% in FY16 from 5.9% in FY15
The Economic Survey, tabled on Tuesday, stated that the average Consumer Price Index inflation declined to 4.9% in 2015-16 from 5.9% in 2014-15 and stood at 4.8% during April-December 2015. This shows that CPI inflation remained under control for the third successive financial year. Further, industrial sector's growth rate is estimated to moderate to 5.2% in 2016-17 from 7.4%. 