The index, which tracks activity across eight sectors and makes up 40% of the country’s industrial production, climbed at a revised 4.7% year-on-year in December.
KEY NUMBERS
• Cement output rose 10.7% year-on-year in January as compared to a revised 13.7% year-on-year increase in December.
• Steel production increased 9.9% year-on-year in January as compared to a revised 10.1% year-on-year growth a month ago.
• Electricity generation rose 3.8% year-on-year in January as compared to a revised increase of 6.3% year-on-year in December.
• Crude oil output fell 5.8% year-on-year in January as compared to a 5.6% year-on-year decline in the prior month.
• Natural gas production declined 5% year-on-year in January as compared to a drop of 4.4% year-on-year in December.
• Fertiliser production rose 3.7% year-on-year in January as compared to a 4.1% year-on-year rise in December.
• Coal production rose 3.1% year-on-year in January as compared to an increase of 3.6% year-on-year in December.
• Refinery products output was flat in January as compared to a 1% year-on-year decline in December.
• Infrastructure output rose 2.8% year-on-year in April-January as against a revised growth of 4.5% a year ago.
Reporting by Nikunj Ohri; Editing by Ronojoy Mazumdar – Reuters
This article was originally posted at sweetcrudereports.com
Be the first to comment