October infrastructure output: Output by core sectors up 7.5%
Infrastructure output in October 2021: Output of the eight core infrastructure sectors increased by 7.5% in October 2021, compared with the corresponding last year, government data showed on Tuesday, Nov. 30. infrastructure saw a 0.5% drop in October 2020 as the COVID-19 Pandemic hit industrial activities across the country.
Growth of core industries stood at 4.4% in September and 11.5% in August 2021. The eight core industries comprise 40.27% of the total share of items included in the list. industrial output or the Index of Industrial Production (IIP).
Infrastructure output grew last month mainly on the back of natural gas, coal, cement and refining products. The natural gas, coal and cement manufacturing sectors increased by 25.8%, 14.6% and 14.5%, respectively. The composite index of eight core industries stood at 136.2 in October 2021, according to interim data released today by the Ministry of Trade and Industry. During the previous year period, the composite index was 126.7
