Index of Eight Core Industries Records Drop Of 4 6% In February
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Index of Eight Core Industries Rises 1% In January
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Updated Dec 31, 2020 | 19:12 IST
The output of eight core industrial sectors declined by 2.6% in November 2020 as compared to an increase of 0.7% in the same period last year, according to provisional DPIIT data released on Thursday India Core sector output 2020 I File photo  |  Photo Credit: PTI
New Delhi: The production in eight core industrial sectors of the economy continued to contract for nine consecutive months into November this year. It declined by 2.6% year-on-year (YoY) in November on account of a drop in natural gas, refinery products, steel and cement, according to a statement by Ministry of Commerce & Industry on Thursday.
The output of these eight sectors cumulatively grew by 0.7% in the same period last year, according to provisional data released by the Office of Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday.