Infra growth slows down to 4.8% in Oct; fertiliser\, crude oil decline

Infra growth slows down to 4.8% in Oct; fertiliser, crude oil decline

Fertiliser production dropped sharply by 11.5 per cent, crude oil by 5 per cent and natural gas by 0.9 per cent

Press Trust of India 

The growth rate of eight slowed down to 4.8 per cent in October due to contraction in the production of crude oil, natural gas and

Eight of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 5 per cent in October 2017.

production dropped sharply by 11.5 per cent, by 5 per cent and natural gas by 0.9 per cent in October over the year-ago month, according to the data released by the commerce and industry ministry on Friday.

The production of coal, cement and electricity, on the other hand, expanded in the month under review. During April-October 2018-19, the eight sectors recorded a growth rate of 5.4 per cent against 3.5 per cent in the same period last year.

First Published: Fri, November 30 2018. 17:49 IST