Eight core sectors grow by 5.1 pc in May

Economy


NEW DELHI: The eight core sector industries recorded a growth of 5.1 per cent in May on the back of healthy output in steel and electricity.

The eight core sector industries – coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity – grew by 4.1 per cent in May last year.

Steel and electricity output increased by 19.9 per cent and 7.2 per cent, respectively, during the month under review.

Loading...

However, crude oil, refinery products, and fertiliser were in the negative zone.

During April-May, the eight sectors grew by 5.7 per cent compared to 4.4 per cent in the same period last year.



Source link

Articles You May Like

The global wealthy are main drivers of climate change
Johnson & Johnson JNJ earnings Q4 2020
Former ambassador warns expiration of key nuclear treaty with Russia would make the U.S. ‘worse off’
Axiom Space unveils AX-1 crew for fully-private SpaceX mission to ISS
The $1 billion Mega Millions jackpot has a winner

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading...