Core sector growth slows: September 2018

Growth of eight infrastructure sectors slowed down to 4.3% in September, the lowest in the last four months, as production of crude oil and natural gas declined.

Eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 4.7% in September 2017.

The output of crude oil and natural gas dipped by 4.2% and 1.8% respectively in the month under review. Fertiliser, cement and electricity output grew by 2.5%, 11.8%, and 8.2%, respectively.

However, the growth of coal, refinery products, and steel sectors declined to 6.4%, 2.5% and 3.2% respectively in September. 

No comments: