Growth of eight core sectors drops by 2.1 % in July

eight core sectors

According to official data, in the month of July, the growth of eight core industries has dropped by 2.1 percent due to contraction in coal, crude oil, natural gas, and refinery products.

eight core sectors

As per the data in July 2018, the eight-core sector industries – coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity – had expanded by 7.3 percent.

“The output of coal, crude oil, natural gas, and refinery products recorded negative growth in July,” as per the data released on September 2 by the government.

During April-July, the eight sectors grew by 3 percent compared to 5.9 percent in the same period the previous year.

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