India's core sector industrial output growth hits a 7-month high of 6.7%

Core sector industrial production in the country expanded at a 7-month high pace of 6.7 per cent in June against the of 3.6-per cent growth recorded in May this year and in the previous year.

Output in the eight core sector industries comprising coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity, which carry nearly 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP), grew 5.2 per cent in April-June 2018-19, official data showed.
Production of coal, which has a weight of 10.33 per cent in the Index of Industrial Production (IIP) increased by 11.5 per cent in June 2018 while cumulative production of coal increased by 13.2 per cent during April-June 2018-19.
Production of crude oil (weight of 8.98 per cent in IIP) declined by 3.4 per cent in June 2018 while its cumulative production declined by 2.4 per cent during April-June 2018-19.
Production of natural gas (weight of 6.88 per cent in IIP) declined by 2.7 per cent in June 2018 while cumulative production of natural gas increased by 0.4 per cent during April-June 2018-19.
Petroleum refinery production (weight of 28.04 per cent in IIP) increased by 12 per cent in June 2018 while its cumulative production increased by 6.6 per cent during April-June 2018-19.
Production of chemical fertilizers (weight of 2.63 per cent in IIP) increased by 1 per cent in June 2018 while cumulative production of fertilisers increased by 4.5 per cent during April-June 2018-19.
Steel production (weight of 17.92 per cent in IIP) increased by 4.4 per cent in June 2018 while its cumulative production increased by 2.9 per cent during April-June 2018-19.
Cement production (weight of 5.37 per cent in IIP) increased by 13.2 per cent in June 2018 while its cumulative production increased by 14.2 per cent during April-June 2018-19.
Electricity generation (weight of 19.85 per cent in IIP) increased by 4 per cent in June 2018 and by 3.4 per cent during April-June 2018-19.