The eight core industries have recorded a fall of 0.5 percent in August in the output of crude oil, coal, cement, natural gas, and electricity, according to the government data released today.
The eight-core sector industries of crude oil, natural gas, coal, fertilizer, refinery products, cement, steel, and electricity – had inflated by 4.7 percent in August 2018.
The cement, crude oil, coal, electricity, and natural gas has recorded negative growth of 4.6 percent, 5.4 percent, 8.6 percent, 2.9 percent, and 3.9 percent respectively in August, as per the data of the Commerce and Industry Ministry.
However, steel production and fertilizer have grown by 5 percent to 2.9 percent respectively, during the month under evaluation.
During April-August 2019, growth in the eight-core industries has grown by 2.4 percent from 5.7 percent in 2018.