Core Industries grew by over 6 % in June

The Eight Core Industries comprising two-fifth of the Index of Industrial Production (IIP) grew at a modest pace of 6.7 per cent in comparison to the corresponding month figure last year. Coal production registered a double-digit growth of 11.5 per cent in June, 2018 over June, 2017. The growth in refinery products was much higher at 12 percent. At 13.2 percent, the highest growth, however, was witnessed in the cement output.

Crude Oil production, on the other hand, declined by 3.4 per cent in June2018 over June, 2017. And a similar trend was witnessed in natural gas where output slipped by 2.7per cent in June, 2018 over June, 2017. Fertilizers production also remained subdued showing a positive growth of 1 percent. (weight: 2.63 per cent) increased by 1.0 per cent in June, 2018 over June, 2017. Its cumulative index increased by 4.5 per centduring April to June, 2018-19 over the corresponding period of previous year. Steel, however, grew by 4.4 percent.

Spread the love

Related posts

Leave a Comment