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India's core sector growth contracts 1.5% in November: Govt data

The core sector for the month of October had contracted to 5.8% from the 5.2% contraction seen in September

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Press Trust of India New Delhi
Showing no signs of improvement, the output of eight core infrastructure industries contracted for the fourth consecutive month in November by 1.5 per cent, according to official data released on Tuesday.

Since August, the eight core industries are recording negative growth.

The output of coal, crude oil, natural gas, steel, and electricity declined by 2.5 per cent, 6 per cent, 6.4 per cent, 3.7 per cent and 5.7 per cent respectively, according to the data.

The eight core sectors had expanded by 3.3 per cent in November 2018.

The growth rate of cement production dropped to 4.1 per cent from 8.8 per cent in