Don’t miss the latest developments in business and finance.

Eight-core sector posts 1.7% growth in November 2013

Image
Capital Market
Last Updated : Dec 31 2013 | 11:56 PM IST

Growth stands at 2.5% in April-November 2013

The Eight Core Industries with a combined weight of 37.90% in the Index of Industrial Production (IIP) has shown an increase of 1.7% in November 2013. During April-November 2013, the eight-core sector has shown growth of 2.5% against 6.7% growth registered in April-November 2012.

Coal production (weight: 4.38%) grew by 2.3% in November 2013 over November 2012. Its cumulative index during April to November 2013-14 increased by 1.5% over corresponding period of previous year.

Crude Oil production (weight: 5.22%) increased by 1.1% in November 2013 over November 2012. The cumulative index of Crude Oil during April to November 2013-14 moderated by 0.9% over the corresponding period of previous year.

The Natural Gas production (weight: 1.71%) declined by 11.3% in November 2013 over November 2012. Its cumulative index during April to November 2013-14 declined by 15.6% over the corresponding period of previous year.

Petroleum refinery production (weight: 5.94%) moderated by 5.0% in November 2013 over November 2012. Its cumulative index during April to November 2013-14 increased by 2.6% over the corresponding period of previous year.

Fertilizer production (weight: 1.25%) registered a growth of 0.6% in November 2013 over November 2012 and it registered a cumulative growth of 2.5% during April to November 2013-14 over the corresponding period of previous year.

Steel production (weight: 6.68%) recorded a growth rate of 3.9% in November 2013 over November 2012. The cumulative growth during April to November 2013-14 was 4.3% over the corresponding period of previous year.

More From This Section

Cement production (weight: 2.41%) increased by 4.2% in November 2013 over November 2012 and its cumulative growth during April to November 2013-14 was 4.0% over the corresponding period of previous year.

Electricity generation (weight: 10.32%) increased by 5.9% in November 2013 over the period of November 2012 and it registered a cumulative growth of 5.0% during April to November 2013-14 over the corresponding period of previous year.

Powered by Capital Market - Live News

Also Read

First Published: Dec 31 2013 | 6:19 PM IST

Next Story