Activities in finance, insurance, real estate and business services recorded the highest growth rate (10 percent yoy), followed by production of electricity, gas and water supply (7.7 percent yoy).
Agricultural production accelerated again in the September quarter and increased 4.6 percent yoy. Production of coarse cereals, pulses and oilseeds are expected to grow by 4.9 percent, 1.9 percent and 14.9 percent respectively during the Kharif season of 2013-14 compared with a year ago.
Construction output accelerated to 4.3 percent, up from 2.8 percent in the previous quarter. Mining shrank for the second straight quarter (-0.4 percent), although at a slower pace than in the previous three-month period (-2.8 percent). Manufacturing recovered from previous quarter’s contraction and grew 1 percent.