{"id":398665,"date":"2021-02-02T16:37:56","date_gmt":"2021-02-02T11:07:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=398665"},"modified":"2021-02-02T16:37:56","modified_gmt":"2021-02-02T11:07:56","slug":"indias-january-gasoil-sales-decline-at-slowest-rate-in-3-months-prelim-data","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-january-gasoil-sales-decline-at-slowest-rate-in-3-months-prelim-data\/","title":{"rendered":"India&#8217;s January gasoil sales decline at slowest rate in 3 months: Prelim data"},"content":{"rendered":"<p>India&#8217;s diesel sales fell 2.3% in January year-on-year, their slowest pace of decline in three months, preliminary data showed on Tuesday, indicating a gradual recovery in industrial growth in Asia&#8217;s third-largest economy.<\/p>\n<p>Local diesel sales by state-run refiners have been falling since March, when coronavirus-related restrictions slammed industrial activity and mobility. However, annual demand for diesel saw a temporary rise in October ahead of the country&#8217;s festival season.<\/p>\n<p>Diesel consumption, a key parameter linked to economic growth which accounts for about 40% of overall refined fuel sales in India, totalled 6.04 million tonnes January, the data compiled by state retailers showed.<\/p>\n<p>India&#8217;s factory activity expanded at its strongest pace in three months in January due to higher demand and output, according to a private survey which also showed firms cut jobs at the slowest pace in 10 months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s diesel sales fell 2.3% in January year-on-year, their slowest pace of decline in three months, preliminary data showed on Tuesday, indicating a gradual recovery in industrial growth in Asia&#8217;s third-largest economy. Local diesel sales by state-run refiners have been falling since March, when coronavirus-related restrictions slammed industrial activity and mobility. However, annual demand for diesel saw a temporary rise in October ahead of the country&#8217;s festival season. Diesel consumption, a key parameter linked to economic growth which accounts for about 40% of overall refined fuel sales in India, totalled 6.04 million tonnes January, the data compiled by state retailers [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-398665","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=398665"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398665\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=398665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=398665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=398665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}