Thursday, 31 January 2019

Core sector output growth slows to 2.6% in December 2018 -The Total Investment & Insurance Solutions


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31 January 2019
 
Economy (The Total Investment & Insurance Solutions)


Growth in the eight core sectors of the economy dipped further 2.6% in December after hitting a 16- month low of 3.5 per cent in November.

 The decline was aided by a dip in the production of crude oil, chemical fertilisers and sluggish performance in petroleumrefinery output. Electricity generation, however, increased by 4.0 per cent in December 2018 over December 2017.

The combined Index of Eight Core Industries NSE 1.32 % stood at 132.1 in December, 2018, which was 2.6 per cent higher as compared to the index of December, 2017. Its cumulative growth during April to December, 2018-19 was 4.8 per cent.The Total Investment & Insurance Solutions


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