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Core sector output shrinks by 5.2% in September

The eight-core sectors had expanded by 4.3 percent in September 2018.

Core sector output shrinks by 5.2% in September

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Published : Oct 31, 2019, 5:34 PM IST

Updated : Oct 31, 2019, 6:15 PM IST

New Delhi: Output of core infrastructure industries shrank by 5.2 per cent in September 2019 as seven of eight sectors witnessed negative growth, according to official data released on Thursday.

The eight-core sectors had expanded by 4.3 per cent in September 2018.

Production of seven sectors of coal, crude oil, natural gas, refinery products, cement, steel, and electricity contracted in September.

Fertilizers production increased by 5.4 per cent in September 2019 over the year-ago month.

During the April-September period, the growth of core industries fell to 1.3 per cent against 5.5 per cent in the year-ago period.

Read more:IOC net dips 83% in Q2 on lower refinery margins, inventory losses

Last Updated : Oct 31, 2019, 6:15 PM IST

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