Core sector output expands by 8.4% in April vs 4.9% in March: Govt data

 

Eight infrastructure sectors grew by 8.4 per cent in April in opposition to 62.6 per cent enlargement in the year-ago interval, based on official data launched on Tuesday.

 

The output of eight infrastructure sectors of coal, crude oil, pure gasoline, merchandise, fertiliser, metal, cement and electrical energy had expanded by 4.9 per cent in March 2022.

The core sector had witnessed an exceptionally excessive development fee of 62.6 per cent in April 2021 primarily as a result of low base impact.

 

The output of contracted by 0.9 per cent in opposition to a 2.1 per cent decline in April, the data confirmed.

(Only the headline and film of this report might have been reworked by the Business Standard workers; the remainder of the content material is auto-generated from a syndicated feed.)

 

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