Eight core infrastructure sectors growth accelerates to 5.8% in August 2014

Growth figure for August 2013 revised upwards to 4.7% from 3.8% reported earlier

The Eight Core Industries, comprising nearly 38% of the weight of items included in the Index of Industrial Production (IIP), has shown accelerated pace of growth at 5.8% in August 2014 up from 2.7% growth posted in July 2014. Meanwhile, the growth figure for August 2013 has been revised upwards to 4.7% from 3.8% reported earlier.

The Eight Core Industries has recorded a growth of 4.4% in April-August 2014.

Coal production increased 13.4% in August 2014 over August 2013, while moved up 7.2% in April-August 2014 over corresponding period of previous year.

Crude Oil production declined 4.9% in August 2014 and 1.2% in April-August 2014.

The Natural Gas production declined 8.3% in August 2014 and 5.8% in April-August 2014.

Petroleum refinery production fell 4.3% in August 2014 and 2.7% in April-August 2014.

Fertilizer production declined 4.3% in August 2014, while showed an increase of 2.8% in April-August 2014.

Steel production increased 9.1% in August 2014, while also rose 2.0% in April-August 2014.

Cement production increased by 10.3% in August 2014, while jumped 11.0% in April-August 2014.

Electricity generation jumped 12.6% in August 2014, while surged 11.3% in April-August 2014.

Powered by Capital Market - Live News