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Eight Core Industries See Modest Rise In February

Posted on March 31, 2022 By Softmation No Comments on Eight Core Industries See Modest Rise In February


Manufacturing of eight infrastructure sectors expanded by 5.8% in February in opposition to a contraction of three.3% in the identical month final yr on higher present by coal, pure gasoline, refinery merchandise and cement industries, in line with official knowledge launched on Thursday.

Manufacturing of crude oil and fertiliser declined in February this yr.

The core sector industries had grown by 4% in January.

The expansion fee of the eight infrastructure sectors — coal, crude oil, pure gasoline, refinery merchandise, fertilisers, metal, cement and electrical energy — stood at 11% throughout April-February this fiscal, as in opposition to a unfavourable progress fee of 8.1% throughout the identical interval final fiscal.

Based on the information, manufacturing of coal rose by 6.6%, pure gasoline by 12.5%, refinery merchandise by 8.8%, and cement by 5% in February.



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