December had the lowest increase in the core sector in 14 months, at 3.8%.
December witnessed a 6.6% increase in natural gas prices and a 10.6% increase in coal prices. December had a 2.6% increase in refinery products, which is less than the 12.4% gain saw in November.
In December, the fertilizer industry had 5.8% year-over-year growth. In December, the cement and power industries had 1.3% and 0.6% growth, respectively.
The increase of the core sector in November of previous year was 7.8%. On January 31, the ministry of commerce amended this percentage upward to 7.9 percent. When comparing the April to December period of the previous fiscal year, the output of infrastructure increased by 8.1%.
The growth rate of 3.8 percent in December was the lowest for India’s eight key industries in 14 months. Except for crude oil, which had a 1% decline, all eight industries saw increase in December. December witnessed a 6.6% increase in natural gas prices and a 10.6% increase in coal prices. December had a 2.6% increase in refinery products, which is less than the 12.4% gain saw in November.
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