Core Sector Growth Declines To 4-Month Low

INSUBCONTINENT EXCLUSIVE:
These eight segments comprise 40.27 per cent of the weight of items included in the IIP.Growth of eight infrastructure sectors slowed down
to 4.3 per cent in September, the lowest in the last four months, as production of crude oil and natural gas declined
Previously, the lowest growth rate was in May 2018 when the core sectors expanded at 4.1 per cent
Eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 4.7
per cent in September 2017
The output of crude oil and natural gas dipped by 4.2 per cent and 1.8 per cent respectively in the month under review, according to the
per cent and 3.2 per cent respectively in September
comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).