India's core industries output rose by 5.5% in Feb


New Delhi, Mar 31 (IANS): The output pace of India's eight major industries accelerated in February 2020 by 5.5 per cent from a rise of 1.4 per cent reported in January 2020.

This was the fourth consecutive month of rise for the Index of Eight Core Industries after three months of contraction.

Similarly, the Index of Eight Core Industries showed that last month's expansion was higher on a year-on-year basis from 2.2 per cent growth rate reported for February 2019.

The eight core industries include coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.

As per the ECI, barring crude oil, natural gas and steel, all other sectors expanded in February.

The ECI comprises over 40 per cent of the weight of items included in the Index of Industrial Production (IIP).

 

  

Top Stories


Leave a Comment

Title: India's core industries output rose by 5.5% in Feb



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.