Core Sector Data

Lower base, expansion in output of seven of eight industries attributed

The output of core sectors had increased by 4% in January 2022 and by 7% in December 2022.

Data released by the industry department on Friday showed sequential acceleration in output growth in sectors like coal (12.3 per cent), steel (10.8 per cent), electricity (12.1 per cent)

The Reserve Bank of India last month also revised its growth forecast for FY23 to 7 per cent from 7.2 per cent estimated earlier

In June, the output of coal, refinery products, fertiliser, cement and electricity rose by 31.1%, 15.1%, 8.2%, 19.4%, and 15.5%, respectively

When compared to the same month a year ago, all sectors except crude oil (-2.2 per cent) and fertilisers (-1.4 per cent) registered robust growth

In October, core sectors' output had grown by 8.4%

The core sector grew 6.9 per cent, compared with the pre-Covid month of October 2019

The core sector in August this year recorded a 3.9 per cent rise from the pre-covid August 2019 too

The industries had contracted by 6.9 per cent in August 2020

The production of eight core industries rose by 9.4 per cent in July against a 7.6 per cent decline in the year-ago month, official data released on Tuesday showed.

In March this year, the eight sectors had recorded a growth rate of 11.4 per cent.

Coal production declined by 21.9 per cent in March, 2021 over the same period last year

Growth in core sector output in January was lower than the 0.2 per cent expansion seen in December

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