Eight Core Industries’ Output Contracts 0.8% in September Due to Decline in Production of Crude Oil, Natural Gas, Refinery Products and Cement: Government
The decline in output during the month under review was lowest since March. Barring coal, electricity and steel, all sectors -- crude oil, natural gas, refinery products, fertiliser and cement -- recorded negative growth in September 2020.
New Delhi, October 29: Contracting for the seventh consecutive month, the output of eight core infrastructure sectors dropped by 0.8 per cent in September, mainly due to decline in production of crude oil, natural gas, refinery products and cement.
The production of eight core sectors had contracted 5.1 per cent in September 2019, data released by the Commerce and Industry Ministry showed on Thursday. Also Read | Green Blackberries Shown At Dharamshala Film Festival 2020.
The decline in output during the month under review was lowest since March. Barring coal, electricity and steel, all sectors -- crude oil, natural gas, refinery products, fertiliser and cement -- recorded negative growth in September 2020. Also Read | IGNOU December TEE 2020: Last Date for Online Admission Extended Till December 15; Exams in February Next Year.
During April-September, the sectors' output dropped by 14.9 per cent as compared to a growth of 1.3 per cent in the same period of the previous year.
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