Business Standard

India's core sector growth down to 19-month low of 1.8% in January

Electricity, refinery products remain in negative zone

India's core sector growth down to 19-month low of 1.8% in January
Premium

Subhayan Chakraborty New Delhi
The first month of 2019 saw growth in the eight core sectors of the economy crash to a 19-month low at 1.8 per cent, slipping below the 2.8 per cent growth in December.

Core sector growth continued to go down for the third straight month in January, as the two largest contributing sectors of electricity and refinery products, remained in the negative zone.

Data released by the commerce and industry ministry on Saturday showed that the eight segments — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity — cumulatively grew 4.5 per cent in April-January of the current

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 28 2019 | 11:24 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com