Core output shrinks 2.6% in November
Contracting for the ninth consecutive month, the output of eight core infrastructure sectors dropped by 2.6 per cent in November, mainly due to decline in production of natural gas, refinery products, steel and cement
image for illustrative purpose
New Delhi: Contracting for the ninth consecutive month, the output of eight core infrastructure sectors dropped by 2.6 per cent in November, mainly due to decline in production of natural gas, refinery products, steel and cement. The production of eight core sectors recorded a growth of 0.7 per cent in November 2019, data released by the Commerce and Industry Ministry showed on Thursday.
Barring coal, fertiliser and electricity, all sectors -- crude oil, natural gas, refinery products, steel and cement - recorded negative growth in November 2020. During April-November, the sectors' output dropped by 11.4 per cent as compared to a growth of 0.3 per cent in the same period of the previous year.
