Eight core industries posts marginal 0.2% growth in output for April-October 2019
The Eight Core Industries carrying 40.27% weight in the Index of Industrial Production (IIP) recorded 5.8% decline in the output for October 2019 over October 2018. Its cumulative output rose mere 0.2% in April-October 2019-20.Coal production (weight: 10.33%) declined by 17.6% in October 2019 over October 2018. Its cumulative index declined by 5.8% during April to October 2019-20 over corresponding period of the previous year.
Crude Oil production (weight: 8.98%) declined by 5.1% in October 2019 over October 2018. Its cumulative index declined by 5.8% during April to October 2019-20over the corresponding period of previous year.
The Natural Gas production (weight: 6.88%) declined by 5.7% in October 2019 over October 2018. Its cumulative index declined by 2.6% during April to October 2019-20 over the corresponding period of previous year.
Petroleum Refinery production (weight: 28.04%) increased by 0.4% in October 2019 over October 2018. Its cumulative index declined by 1.7% during April to October 2019-20over the corresponding period of previous year.
Fertilizers production (weight: 2.63%) increased by 11.8% in October 2019 over October 2018. Its cumulative index increased by 2.6% during April to October 2019-20 over the corresponding period of previous year.
Steel production (weight: 17.92%) declined by 1.6% in October 2019 over October 2018. Its cumulative index increased by 6.7% during April to October 2019-20 over the corresponding period of previous year.
Cement production (weight: 5.37%) declined by 7.7% in October 2019 over October 2018. Its cumulative index declined by 0.6% during April to October 2019-20over the corresponding period of previous year.
Electricity generation (weight: 19.85%) declined by 12.4%in October 2019 over October 2018. Its cumulative index increased by 1.5% during April to October 2019-20over the corresponding period of previous year.
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