The eight core industries saw a growth in November, led by rise in cement and coal output.
The index of eight core industries grew by 4.3% last month, compared to a 3.1% growth in October, according to data by the Office of the Economic Advisor, published on Tuesday. This was the third consecutive month of industrial expansion.
Break-Up Across Eight Core Sectors In November (YoY)
Coal output rose 7.5% in October versus a rise of 7.8% in October.
Crude oil output fell 2.1% against a decline of 4.8% a month prior.
Natural gas output fell 1.9% after a fall of 1.2% previously.
Petroleum refinery products rose 2.9% after rising 5.2% in October.
Fertiliser production rose 2% versus a rise of 0.4% in the preceding month.
Steel output rose 4.8% after a rise of 4.2%.
Cement output rose 13%, while it grew at 3.3% in October.
Electricity output rose 3.8% after a fall of 0.6% in the previous month.
The index weights are refinery products (28.04%), electricity (19.85%), steel (17.92%), coal (10.33%), crude oil (8.98%), natural gas (6.88%), cement (5.37%) and fertilizers (2.63%) .
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