Eight core infrastructure output growth inches up to 6.6% in October 2016

Image
Capital Market
Last Updated : Nov 30 2016 | 6:14 PM IST

Cumulative growth stands at 4.9% in April-October 2016

The output of eight core infrastructure sector comprising nearly 38% of the weight of items included in the Index of Industrial Production (IIP) has posted healthy 6.6% growth in October 2016 over October 2015. Its cumulative growth during April to October 2016-17 was 4.9%.

Coal production (weight: 4.38%) declined by 1.6% in October 2016 over October 2015. Its cumulative index during April to October 2016-17 increased by 0.7% over corresponding period of previous year.

Crude Oil production (weight: 5.22%) declined by 3.2% in October 2016 over October 2015. Its cumulative index during April to October 2016-17 declined by 3.3% over the corresponding period of previous year.

The Natural Gas production (weight: 1.71%) declined by 1.4% in October 2016 over October 2015. Its cumulative index during April to October 2016-17 declined by 4.0% over the corresponding period of previous year.

Petroleum Refinery production (weight: 5.94%) increased by 15.1% in October 2016 over October 2015. Its cumulative index during April to October 2016-17 increased by 8.9% over the corresponding period of previous year.

Fertilizer production (weight: 1.25%) increased by 0.8% in October 2016 over October 2015. Its cumulative index during April to October 2016-17 increased by 4.8% over the corresponding period of previous year.

Steel production (weight: 6.68%) increased by 16.9% in October 2016 over October 2015. Its cumulative index during April to October 2016-17 increased by 8.5% over the corresponding period of previous year.

Cement production (weight: 2.41%) increased by 6.2% in October 2016 over October 2015. Its cumulative index during April to October 2016-17 increased by 4.8% over the corresponding period of previous year.

Electricity generation (weight: 10.32%) increased by 2.8% in October 2016 over October 2015. Its cumulative index during April to October 2016-17 increased by 4.7% over the corresponding period of previous year.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Nov 30 2016 | 5:48 PM IST

Next Story