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Output of 8 core industries rises 5.4% in Nov
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IANS | 30 Dec, 2022
The output of eight core industries rose by 5.4 per cent in November
2022 against 3.2 per cent in November 2021 as production of commodities
like steel, cement, coal and ferlilisers as well as electricity
increased compared to the corresponding period of last year.
In
November 2022, coal production with a weightage of 10.33 per cent, grew
by 12.3 per cent over corresponding period. From April to November
2022, compared to the same period the year before, its cumulative index
rose by 17.2 per cent.
However crude oil output, which has a
weightage of 8.98 per cent in the index, fell by 1.1 per cent in
November 2022 as compared to corresponding period of last year.
In
the April-November 2022 period, crude oil output had a 1.4 per cent
fall in cumulative index compared to corresponding period of last year.
With
a weightage of 6.88 per cent, natural gas output slid 0.7 per cent in
November 2022 compared to corresponding period of last year. In the
April-November 2022 period, it rose by a marginal 0.7 per cent in
cumulative index compared to the corresponding period of last year.
The
output of 8 core industries coal, crude oil, natural gas, refinery
products, fertiliser, steel, cement, and electricity are tracked by
Index of Eight Core Industries (ICI). The weightage of the items in the
Index of Industrial Production (IIP) is made up of the eight core
industries in a percentage of 40.27.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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