The output of eight core infrastructure sectors grew 7.9% in September 2022, as against 5.4% in the year-ago period, according to official data released on Monday. Infrastructure output accounts for nearly 40% of the Index of Industrial Production...
By ET Online | Updated:
Agencies
The core sector makes up 40% of the Index of Industrial Production (IIP), making it a lead indicator of industrial activity.
The output of eight core infrastructure sectors grew 7.9% in September 2022, as against 5.4% in the year-ago period, according to official data released on Monday.
The Index of Eight Core Industries (ICI) measures the combined and individual performance of production in selected eight core industries namely coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.
The production growth of eight infrastructure sectors was 9.6% during April-September this fiscal, compared to 16.9% a year ago.
Infrastructure output accounts for nearly 40% of the Index of Industrial Production (IIP), i.e., industrial output. The output of eight core infrastructure sectors grew 4.1% in August.
