The country’s infrastructure output grew at a slower rate of 0.9 per cent in December as the production of crude oil, natural gas and steel sectors declined.
The country’s infrastructure output grew at a slower rate of 0.9 per cent in December as the production of crude oil, natural gas and steel sectors declined.
It had grown by 3.2 per cent in the same month previous year. Infrastru-cture growth had contracted by 1.3 per cent in November. Infrastru-cture accounts for nearly 38 per cent of country’s industrial output.
The eight core or infrastructure industries are coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.
The production of crude oil declined by 4.1 per cent, natural gas by 6.1 per cent and steel by 4.4 per cent in December.
In the yearago period, the output of crude oil had declined by 1.4 per cent, natural gas by 2.9 per cent and steel had flat performance.
Fertiliser production grew by 13.1 per cent in December from a decline of 1.6 per cent in the yearago period. Coal production rose by 6.1 per cent in Decem-ber against 3.5 per cent in November. Cement sector grew by 3.2 per cent in December 2015 against a contraction of 1.8 per cent in November.
