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Growth in eight core sector industries slows to 2.1% in Dec
PTI
Last Updated IST
The output growth of eight core sector industries slowed to 2.1 per cent in December 2013 due to a poor showing by coal, petroleum refinery products, steel and cement sectors. Reuters File Photo
The output growth of eight core sector industries slowed to 2.1 per cent in December 2013 due to a poor showing by coal, petroleum refinery products, steel and cement sectors. Reuters File Photo

The output growth of eight core sector industries slowed to 2.1 per cent in December 2013 due to a poor showing by coal, petroleum refinery products, steel and cement sectors.

The eight core sector industries -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, electricity -- grew by 7.5 per cent in December 2012.

According to the data released by the government today, the output of eight infrastructure industries in April- December 2013 grew by a mere 2.5 per cent against 6.8 per cent in the same period of the previous fiscal.

The eight core industries have a combined weight of about 38 per cent in the Index for Industrial Production (IIP).

The December IIP numbers would be released in the second week of January.

Coal output fell (-) 0.6 per cent in December year-on- year. Petroleum refinery production shrank by (-) 1.7 per cent.

Steel output growth slowed down to 3.1 per cent in the month under review. Cement production also decelerated by 1.1 per cent.

Among those which put up a good performance, crude oil which registered a growth of 1.6 per cent and electricity generation grew at 6.7 per cent.

Natural gas output was in negative zone (-) 9.9 per cent in December as against (-) 14.9 per cent in December 2012. 

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(Published 31 January 2014, 18:29 IST)