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ENERGY: India Key Industry Output Increased 3.1% y/y in Oct

ENERGY

India’s eight key industries’ production increased by 3.1% on the year in October, compared with a growth of 2.4% in September, data from the Ministry of Commerce & Industry showed.

  • Petroleum refinery products rose 5.2% y/y vs a rise of 5.8% y/y in September
  • Electricity output rose 0.6% y/y vs a rise of 0.5% y/y in September
  • Coal rose 7.8% y/y compared to rise of 2.6% y/y in September
  • Crude oil fell 4.8% y/y vs a fall of 3.9% y/y in September
  • Natural gas fell 1.2% y/y vs a fall of 1.3% y/y in September
  • The infrastructure output accounts for about 40% of industrial production
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India’s eight key industries’ production increased by 3.1% on the year in October, compared with a growth of 2.4% in September, data from the Ministry of Commerce & Industry showed.

  • Petroleum refinery products rose 5.2% y/y vs a rise of 5.8% y/y in September
  • Electricity output rose 0.6% y/y vs a rise of 0.5% y/y in September
  • Coal rose 7.8% y/y compared to rise of 2.6% y/y in September
  • Crude oil fell 4.8% y/y vs a fall of 3.9% y/y in September
  • Natural gas fell 1.2% y/y vs a fall of 1.3% y/y in September
  • The infrastructure output accounts for about 40% of industrial production