Economy

Core industries output grows 3.5% in November

K.R.Srivats New Delhi | Updated on December 31, 2018 Published on December 31, 2018

The eight core industries output grew 3.5 per cent in November 2018, official data showed on Monday.


For the April-November 2018, the cumulative growth came in at 5.1 percent, much higher than 3.9 percent in same period last year.

The latest Core industries' growth print of 3.5 per cent was however lower than 4.8 per cent in October 2018. The latest growth performance was weighed down by lower growth performance of Cement and Electricity sectors for the month under review.

The eight core industries are coal, electricity, cement, crude oil, natural gas, refinery products, fertilisers and steel.

For the month under review, Coal output grew 3.7 per cent (11.3 per cent in October); crude oil contracted 3.5 per cent (-5 per cent); cement output  grew 8.8 per cent (18.4 per cent in October) and Electricity grew 5.4 per cent (10.9 per cent in October).  While steel did well at 6 per cent (2.6 per cent), fertilisers contracted at 8.1 per cent (-11.5 per cent).


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Published on December 31, 2018
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