Core sector growth recovers to 38 pc in Dec \
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Core sector growth recovers to 38 pc in Dec

31-Jan-2022
New Delhi Jan 31 PTI Production of eight infrastructure sectors expanded by 38 per cent in December 2021 against a 04 per cent contraction in the same month last year on better show by coal cement and refinery products according to the official data released on Monday Barring crude oil and steel all sectors recorded positive growth in December 2021 The core sector industries had grown by 34 per cent in November 2021 The growth rate of the eight infrastructure sectors -- coal crude oil natural gas refinery products fertilisers steel cement and electricity -- stood at 126 per cent during April-December this fiscal as against a negative growth of 98 per cent during the same period last fiscal According to the data production of coal rose by 52 per cent natural gas by 195 per cent refinery products by 59 per cent fertilisers by 35 per cent cement by 129 per cent and electricity by 25 per cent in December The output of crude oil and steel declined by 18 per cent and 1 per cent respectively during the period under review Commenting in the data ICRA Ltd Chief Economist Aditi Nayar said We expect the IIP to report a feeble rise of less than 2 per cent on a YoY basis in that month and print below the expansion displayed by the core sector for the fourth consecutive month The eight core industries hold 4027 per cent weight in the Index of Industrial Production IIP PTI RR MR MR
31-Jan-2022 National
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Eight core sectors output grows 31 pc in November \
1 min read
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Eight core sectors output grows 31 pc in November

31-Dec-2021
New Delhi Dec 31 PTI Output of eight core sectors rose by 31 per cent in November the lowest growth rate since February this year as against a contraction of 11 per cent in the same month last year according to government data released on Friday Barring crude oil and cement all other sectors recorded positive growth in November In October these core sectors output had grown by 84 per cent In February this year the growth rate contracted to 33 per cent The growth rate of the eight infrastructure sectors -- coal crude oil natural gas refinery products fertilisers steel cement and electricity -- stood at 137 per cent during April-November this fiscal as against a negative growth of 111 per cent during the same period last fiscal According to the data coal production rose by 82 per cent natural gas by 237 per cent refinery products 43 per cent fertilisers by 25 per cent steel by 08 per cent and electricity by 15 per cent in November The eight core industries comprise 4027 per cent of the weightage of items included in the Index of Industrial Production IIP PTI RR MKJ
31-Dec-2021 National
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