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Eight core industries' marks 0.2 cpct growth in June

Eight core industries' marks 0.2 cpct growth in June

| @indiablooms | 31 Jul 2019, 12:50 pm

New Delhi, July 31 (IBNS): The output of India's  eight core infrastructure industries moved up by 0.2 per cent in June on  a year-on-year basis,official government data released on Wednesday said.

It had showed a robust growth of 7.8 per cent in the same month last year.

The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

"The combined Index of Eight Core Industries stood at 131.4 in June, 2019, which was 0.2 per cent higher as compared to the index of June, 2018. Its cumulative growth during April to June, 2019-20 was 3.5 per cent," read the governemnt statement.

Coal production (weight: 10.33 per cent) increased by 3.2 per cent in June, 2019 over June, 2018. Its cumulative index increased by 2.7 per cent during April to June, 2019-20 over corresponding period of the previous year.

Crude Oil

Crude Oil production (weight: 8.98 per cent) declined by 6.8 per cent in June, 2019 over June, 2018. Its cumulative index declined by 6.8 per cent during April to June, 2019-20 over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 6.88 per cent) declined by 2.1 per cent in June, 2019 over June, 2018. Its cumulative index declined by 0.9 per cent during April to June, 2019-20 over the corresponding period of previous year.

Refinery Products

Petroleum Refinery production (weight: 28.04 per cent) declined by 9.3 per cent in June, 2019 over June, 2018. Its cumulative index declined by 2.4 per cent during April to June, 2019-20 over the corresponding period of previous year.

Fertilizers

Fertilizers production (weight: 2.63 per cent) increased by 1.5 per cent in June, 2019 over June, 2018. Its cumulative index declined by 1.1 per cent during April to June, 2019-20 over the corresponding period of previous year.

Steel

Steel production (weight: 17.92 per cent) increased by 6.9 per cent in June, 2019 over June, 2018. Its cumulative index increased by 13.7 per cent during April to June, 2019-20 over the corresponding period of previous year.

Cement

Cement production (weight: 5.37 per cent) declined by 1.5 per cent in June, 2019 over June, 2018. Its cumulative index increased by 1.2 per cent during April to June, 2019-20 over the corresponding period of previous year.

Electricity

Electricity generation (weight: 19.85 per cent) increased by 7.3 per cent in June, 2019 over June, 2018. Its cumulative index increased by 6.9 per cent during April to June, 2019-20 over the corresponding period of previous year.

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