November core sector output at five-month high of 6.7%.Another Useless Data For Traders

The annual infrastructure output growth accelerated to a five-month high of 6.7%in November, driven by higher production of cement and refinery products, government data showed on Wednesday.

The output expanded 6.3% year-on-year in October. It was 3.2% in the same month last year.

On annual basis, the coal production increased by 14.5% during the month.
The cement output accelerated to 11.3% as against -1% in October.
The April-November core industries’ growth increased to 4.6% from 4.1% a year earlier.

The infrastructure sector, which comprises coal, crude oil, oil refining, natural gas, steel, cement, electricity and fertilisers, accounts for 37.9 percent of India’s industrial output.

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