Core sector output contracts 5.2% in Sep, against 4.3% growth a year ago

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

Core sector output worst in 52 months; MPC may cut rates to prop up growth
Press Trust of India
1 min read Last Updated : Oct 31 2019 | 5:33 PM IST
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.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Core Sector data

Next Story