Home >News >India >Crude Oil sector output shrunk -5.5% in March 2020
The sector's growth rate (-5.5%) was higher than the growth rate of the combined core industries output (-6.47%).
The sector's growth rate (-5.5%) was higher than the growth rate of the combined core industries output (-6.47%).

Crude Oil sector output shrunk -5.5% in March 2020

The sector's growth rate (-5.5%) was higher than the growth rate of the combined core industries output (-6.47%)

Production output of the Crude Oil sector shrunk by -5.5% to 2,697 Thousand Tonnes in March 2020, according to data released by the Office of the Economic Advisor today. This is higher than the growth rate (-6.41%) of the sector in the previous month.

The sector's growth rate (-5.5%) was higher than the growth rate of the combined core industries output (-6.47%).

Crude Oil is among 7 of the total 8 sectors that contracted in March 2020.

Data has been sourced from the Office of the Economic Advisor's website.

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