Eight core industries growth at 1.3% in Dec 2019
Economy

Eight core industries growth at 1.3% in Dec 2019

Agency News

New Delhi, Jan 31: The combined Index of Eight Core Industries of December 2019 increased by 1.3 per cent as compared to the index of the same month in 2018, according to government data on Friday.

Its cumulative growth during April to December 2019-20 was 0.2 per cent.

Coal production increased by 6.1 per cent in December, 2019 over December, 2018. Its cumulative index declined by 3.8 per cent during April to December, 2019-20 over corresponding period of the previous year, said the Commerce and Industry Ministry.

Crude Oil production declined by 7.4 per cent in December 2019 over the same month in 2018.

Its cumulative index declined by 6.0 per cent during April to December, 2019-20 over the corresponding period of previous year.

The Natural Gas production declined by 9.2 per cent in December 2019 over December 2018. Its cumulative index declined by 3.8 per cent during April to December, 2019-20 over the corresponding period of previous year.

Petroleum Refinery production increased by 3.0 per cent in December 2019 over December, 2018. Its cumulative index declined by 0.6 per cent during April to December, 2019-20 over the corresponding period of the previous year.

Fertilisers production (weight: 2.63 per cent) increased by 10.2 per cent in December, 2019 over December, 2018. Its cumulative index increased by 4.7 per cent during April to December, 2019- 20 over the corresponding period of previous year.

Steel production increased by 1.9 per cent in December, 2019 over December, 2018. Its cumulative index increased by 5.2 per cent during April to December, 2019-20 over the corresponding period of previous year.

Cement production increased by 5.5 per cent in December, 2019 over December, 2018. Its cumulative index increased by 0.7 per cent during April to December, 2019-20 over the corresponding period of previous year.

Electricity generation declined by 1.6 per cent in December, 2019 over December, 2018. Its cumulative index increased by 0.5 per cent during April to December, 2019-20 over the corresponding period of previous year.

The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production. (UNI)

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