infrastructure

The core sector data released by the government on
Wednesday, revealed that growth rate of six infrastructure
industries eased to 1.8 per cent in July with the petroleum
refinery sector showing poor performance during the month.

A 14.4 per cent contraction in petroleum refinery
products constricted expansion of the six key industries in
July, against 5.1 per cent a year ago.

The core sector, which comprises petroleum refinery,
crude oil, coal, electricity, cement and finished steel and
accounts for 26.68 per cent in the country's industrial
production, had grown by 6.8 per cent in June.

Crude oil, though at lower rates, dipped by 0.4 per cent
in July against (-)3 per cent a year ago. However, coal
expanded by 9.7 per cent against 5.5 per cent, electricity by
3.3 per cent compared to 4.5 per cent, cement by 10.6 per
cent against 5.5 per cent and finished steel by 1.2 per
cent as against 6 per cent.
However, thanks to better showing in the previous three
months, core industries improved performance by 4.1 per cent
for April-July period, against the corresponding months in the
last fiscal. PTI CS
SDE


The information contained in this electronic message and any attachments to this
message are intended for the exclusive
use of the addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please
notify the sender immediately and destroy
all copies of this message and any attachments contained in it.