Business Daily from THE HINDU group of publications
Tuesday, Feb 06, 2007
ePaper
Business Daily from THE HINDU group of publications Tuesday, Feb 06, 2007 ePaper |
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Industry & Economy
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Economy Core sector records 8.3% growth in Dec Our Bureau
Crude petroleum output increased by 10.6 per cent in December 2006, marking a significant jump compared to a negative 8.1 per cent in December 2005. The growth in the output of petroleum refinery products, however, slowed down registering a 6.1 per cent growth as against 9.2 per cent in December last. Coal production also slowed down marking a growth of 2.9 per cent (6.7 per cent). The electricity sector grew by 9.1 per cent during the month, marking a three-fold jump compared to 3.4 per cent growth recorded in December 2005. Growth in cement output during the period under review also slowed down. It increased by 7.6 per cent as against 13.4 per cent in the same month last year. Finished steel production increased by 9.7 per cent (16.7 per cent). For the nine-month period of April-December 2006, the overall growth in the infrastructure sectors stands at 8.3 per cent, compared to 5.5 per cent growth registered in the nine-month period of April-December 2005, the release said.
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