February infra output up 6.8% y-o-y

The eight core industries expanded by 6.8% in February, against 6.4% in the same period last year, on healthy growth in coal, electricity and cement production.

The infrastructure industries had grown by just 0.5% in the previous month.

Electricity, coal and cement output grew by 8%, 17.8% and 10.8% in February respectively, according to the provisional data released today.

In the same month last year, electricity and cement production had grown by 7.2% and 6.5% respectively, coal output contracted by -5.8%.

Crude oil production grew by 0.4% in the month under review against 12.2% in the comparable period of last year. Petroleum refinery products output too grew by 6.2% against a growth of 3.2% in the same month last year.

However, natural gas output contracted by -7.6%. Fertiliser and steel production grew by 4.1% and 4.3% in February as against 4.8% and 18.5% respectively in the same period last year.

During April-February FY12, the growth of core industries slowed down to 4.4% from 5.8% in the same quarter last year.