Contracting for the ninth consecutive month, the output of eight core infrastructure sectors dropped by 2.6 per cent in November, mostly due to decline in production of all-natural gas, refinery items, steel and cement.
The production of eight core sectors had recorded a development of .7 per cent in November 2019, information released by the commerce and sector ministry showed on Thursday.
Barring coal, fertiliser and electrical energy, all sectors — crude oil, all-natural gas, refinery items, steel and cement — recorded adverse development in November 2020.
During April-November, the sectors’ output dropped by 11.4 per cent as compared to a development of .3 per cent in the similar period of the prior year.
The output of crude oil, all-natural gas, refinery items, steel and cement declined by (-)4.9 per cent, (-)9.3 per cent, (-)4.8 per cent, (-)4.4 per cent, and (-)7.1 per cent, respectively, in November this year.
On the other hand, coal and electrical energy sector output grew by 2.9 per cent and 2.2 per cent throughout the month below assessment.
Fertiliser sector development stood at 1.6 per cent as against 13.6 per cent in the similar month final year.
The eight core industries account for 40.27 per cent of the index of industrial production (IIP).