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Cement, coal, electricity prop up core sector output in November

02 Jan 2023

 Barring natural gas and crude oil, all sectors recorded growth in November. The core sector index in November, however, remained little changed at 139 compared to October

Production of eight infrastructure sectors expanded by 5.4% in November 2022 against a 3.2% expansion in the same month last year on better performance by cement, coal, electricity, steel and fertilizers, according to the official data released on Friday.

Barring natural gas and crude oil, all sectors recorded growth in November. The core sector index in November, however, remained little changed at 139 compared to October. The eight core industries hold 40.27 per cent weight in the Index of Industrial Production (IIP).