Core sector growth slows down to 19-month low of 0.4 percent in June
The growth rate of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- was 7 per cent in June last year, official data shows
Published: 01st August 2017 01:14 AM | Last Updated: 01st August 2017 09:16 AM | A+A A-
NEW DELHI: Contraction in coal, refinery products, fertiliser and cement output slowed the pace of growth in the country’s eight infrastructure sectors during the month of June 2017 as the total output inched up by only 0.4 per cent, year-on-year. The core sectors had expanded 4.1 per cent in May 2017 and seven per cent in June 2016.
The eight sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- constitute 40.27 per cent of the total industrial production. According to the data released by commerce and industry ministry on Monday, cement production declined 5.8 per cent in June. Coal output fell 6.7 per cent from a 3.2 per cent decline in May.
Refinery production and fertiliser, too, declined 0.2 per cent and 3.6 per cent, respectively. Crude oil output rose to 0.6 per cent per cent last month against a decline of 4.3 per cent in June 2016 and electricity production was up 0.7 per cent. Only natural gas and steel production rose at 6.4 per cent and 5.8 per cent, respectively.
Eight core sectors
Coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity constitute 40.27 per cent of the total industrial production in the country