Moneycontrol PRO
HomeNewsEconomyIndia's core sector output growth slows to 0.1% in October

India's core sector output growth slows to 0.1% in October

In September, the core sectors' output growth stood at 7.8 per cent.

November 30, 2022 / 17:27 IST
Representative Image

Representative Image

The growth rate in the production of eight key sectors slowed down to 0.1 per cent in October against 8.7 per cent in the same month last year, according to the official data released on Wednesday.

In September, the core sectors' output growth stood at 7.8 per cent.

The production growth of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 8.2 per cent during April-October this fiscal, compared to 15.6 per cent a year ago.

In October, crude oil, natural gas, refinery products, and cement output recorded negative growth rate.

PTI
first published: Nov 30, 2022 05:26 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347