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31
October 2018
Growth of eight infrastructure sectors slowed
down to 4.3 per cent in September, the lowest in the last four months, as
production of crude oil and natural gasdeclined. Previously, the lowest growth
rate was in May 2018 when the core sectors expanded at 4.1 per cent.
Eight
infrastructure sectors of coal, crude oil, natural gas, refinery products,
fertilisers, steel, cement and electricity had grown by 4.7 per cent in
September 2017.
The output of crude oil and natural gas
dipped by 4.2 per cent and 1.8 per cent respectively in the month under review,
according to the data released by the commerce and industry ministry on
Wednesday.
Fertiliser, cement and electricity output grew
by 2.5 per cent, 11.8 per cent, and 8.2 per cent, respectively. However, the
growth of coal, refinery products, and steel sectors declined to 6.4 per cent,
2.5 per cent and 3.2 per cent respectively in September.
During AprilSeptember 2018, the core sector
growth was 5.5 per cent as against 3.2 per cent in the year-ago period. These
eight segments comprise 40.27 per cent of the weight of items included in the
Index of Industrial Production (IIP). The
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