Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Business»Output growth in core sectors falls to 9-month low in August
Business

Output growth in core sectors falls to 9-month low in August

October 1, 2022No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
infrastructure sectors, core infrastructure sectors growth, natural gas, crude oil, Business news, Indian express business news, Indian express, Indian express news, Current Affairs
Share
Facebook Twitter LinkedIn Pinterest Email

The output of eight core infrastructure sectors grew simply 3.3 per cent in August, the slowest tempo in 9 months and in contrast with 4.5 per cent within the earlier month, partly as a result of the bottom impact turned unfavourable. They’d grown 12.2 per cent in August final yr.

The slowdown will weigh on the index of business manufacturing provided that these core sectors account for 40.3 per cent of the index of business manufacturing.

Though six of the eight sectors (besides crude oil and pure fuel) noticed progress in August from a yr earlier than, the assist extensively diverse from sector to sector. Metal grew simply 2.2 per cent (eight-month low), cement by 1.8 per cent and electrical energy by simply 0.9 per cent (seven-month low). Crude oil output, which has been easing since June, contracted 3.3 per cent in August. Pure fuel output shrank 0.9 per cent.

Nonetheless, petroleum & refinery merchandise rose 7 per cent in August over a yr in the past. Fertiliser output grew 11.9 per cent and coal output by 7.6 per cent.  FE



Source link

9month August Core Falls Growth Output Sectors
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

RBI’s balance sheet expands 8.2% in 2024-25 on robust foreign earnings | Business News

May 29, 2025

Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter

May 29, 2025

Counterfeit notes of Rs 500 denomination surge by 37.3% in 2024-25 | Business News

May 29, 2025

‘Growth in productivity, real incomes not happening as fast; leading to queuing for govt jobs’: NITI Aayog vice chairperson | Business News

May 29, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

RBI’s balance sheet expands 8.2% in 2024-25 on robust foreign earnings | Business News

May 29, 2025

Germany seeks to levy 10% tax on online platforms like Google | Technology News

May 29, 2025

Goldman Sachs says deal outlook is good, but timing is uncertain

May 29, 2025

Karnataka BJP MLC who suggested IAS officer had come from Pakistan gets interim relief against arrest | Bangalore News

May 29, 2025
Popular Post

CM Punk to lose WrestleMania main event due to longtime rival returning and costing him championship? Exploring the possibility 

The Briefing: Liverpool’s odd ending, a derby of nothingness and Southampton’s anti-survival blueprint

Shivangi Joshi hospitalised for kidney infection, assures she’s better

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2025 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.