Core sector output increased to 8.5% in May 2016

Q.  Core Sector Output has risen to what percent in April based on strong growth from steel, electricity and petrol refinery output?
- Published on 01 Jun 16

a. 8.3
b. 8.4
c. 8.5
d. 8.6

ANSWER: 8.5
 
Core sector output was up 8.5 percent in April as against 6.4 percent in March on the basis of strong growth from steel, electricity and petroleum refinery output. The eight core industries are coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.
  • The steel output was up 6.1 percent and cement was up 4.4 percent for the month of April.
  • Electricity output too grew at 14.7 percent versus a 11.3 percent rise in month of March.
  • Petroleum refinery products output was up 17.9 percent as compared to month-on-month (MoM) rise of 10.8 percent.
  • The MoM fertiliser output was up 7.8 percent. However, the coal output was down 0.9 percent versus a 1.7 percent rise in the month of March.
  • Crude oil output too was down 2.3 percent versus a month-on-month (MoM) decline of 5.1 percent. Natural gas output was down 6.8 percent versus a MoM decline of 10.5 percent.

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