Core sector growth slows to 1.4% in Feb

New Delhi, March 31 

Growth in eight core industries slowed to 1.4% in February due to output decline in five sectors, including crude oil and natural gas. Besides these two, the other three sectors which posted negative growth are refinery products, fertiliser and steel.

The output of eight core sector industries — coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity — expanded by 6.1% in February, 2014. The growth was 1.8% in January 2015.

Production of crude oil and natural gas contracted by 1.9% and 8.1%, respectively, according to the data released by the Commerce and Industry Ministry. — PTI