अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
cyfy
Home » IANS » India’s core industrial output rate eases to 1.8%

India’s core industrial output rate eases to 1.8%

By IANS
Published on :

New Delhi, Feb 28 (IANS) The output pace of India’s eight major industries hugely decelerated in January to 1.8 per cent, official data showed on Thursday.

According to the data from the Ministry of Commerce and Industry, the Index of Eight Core Industries (ECI) had risen by 6.2 per cent during the same period last year.

On a sequential basis, the index rose by 2.7 per cent in December 2018.

The index carries 40.27 per cent weight of the items included in the Index of Industrial Production (IIP).

“The combined Index of Eight Core Industries stood at 134.8 in January 2019, which was 1.8 per cent higher as compared to the index of January 2018. Its cumulative growth during April to January in 2018-19 was 4.5 per cent,” the Ministry said in a statement.

–IANS

rv/nir

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )