The eight core infrastructure industries expanded by 7.8% in July, against 5.7% in the same period last year, on healthy growth in electricity, steel and cement production.
The core infrastructure industries had expanded by 5.2% in the previous month.
The eight industries, crude oil, petroleum refinery products, natural gas, fertilisers, coal, electricity, cement and finished steel, have a weight of 37.90% in the overall Index of Industrial Production.
Electricity, steel and cement output grew by 13%,15.5% and 10.6% in July respectively, according to the provisional data released today.
In the same month last year, electricity production had grown by 4.2%, while steel and cement sectors had contracted by 2.9% and 0.2% respectively.
Crude oil production grew by 1.4% in the month under review against 15.8% in the comparable period of last year. Petroleum refinery products output too grew by 3.9% against a growth of 13.7% in the same month last year.
However, natural gas and fertiliser output contracted by 8.2% and 1.6%, respectively.
During April-July 2011-12, the growth of core industries slowed down to 5.8% from 6.5% in the same quarter last year.
The core infrastructure industries had expanded by 5.2% in the previous month.
Electricity, steel and cement output grew by 13%,15.5% and 10.6% in July respectively, according to the provisional data released today.
In the same month last year, electricity production had grown by 4.2%, while steel and cement sectors had contracted by 2.9% and 0.2% respectively.
Crude oil production grew by 1.4% in the month under review against 15.8% in the comparable period of last year. Petroleum refinery products output too grew by 3.9% against a growth of 13.7% in the same month last year.
However, natural gas and fertiliser output contracted by 8.2% and 1.6%, respectively.
During April-July 2011-12, the growth of core industries slowed down to 5.8% from 6.5% in the same quarter last year.
No comments:
Post a Comment