Core sector growth better: December 2016

Eight core industries registered a growth rate of 5.6% in December 2016 on the back of healthy output recorded by refinery products and steel. The growth rate of eight infrastructure sectors: coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity was 2.9% in December 2015. It stood at 4.9% in November 2016.

The core sectors, which contribute 38% to total industrial production, expanded 5% in April-December compared to 2.6% growth in the same period last financial year.

No comments: