India’s September Core Industrial Output Eases to 4.3%

New Delhi: The output of India’s eight major industries slowed in September to 4.3 per cent, official data showed on Wednesday. According to the Ministry of Commerce & Industry, the Index of Eight Core Industries (ECI) had risen by 4.7 per cent in August and 4.7 per cent in September 2017.

“The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP),” the ministry said in a statement. “The combined Index of Eight Core Industries stood at 127.2 in September 2018, which was 4.3 per cent higher as compared to the index of September 2017. Its cumulative growth from April to September 2018-19 was 5.5 per cent.” (IANS)

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