a********r 发帖数: 4013 | 1 India’s electricity demand declined for the third straight month, another
indication of an economic slowdown that seems to be deepening.
Electricity demand from distribution utilities declined 13.2% in October
from a year earlier, data from the Central Electricity Authority showed. The
slump began in August when the power requirement dropped for the first time
in more than two years.
Slowing requirement mirrors a widespread slump in demand for consumers goods
to cars and houses. Industrialized provinces of Maharashtra and Tamil Nadu
-- both automobile hubs of the country -- and Gujarat, a center of textiles
and chemicals manufacturing, have also reported a sharp decline in demand.
“The slowdown in industrial activity is responsible for this sharp
contraction,” said Debasish Mishra, a partner at Deloitte Touche Tohmatsu
in Mumbai. “The extended monsoon has also reduced demand for cooling during
the summers and irrigation demand from farmers.”
The data comes on the back of Moody’s Investors Service cutting India’s
credit rating outlook to negative, citing a slowing economy, credit crunch
and rising public debt.
The slowdown isn’t limited to electricity. Monthly consumption of diesel,
the most-consumed petroleum fuel and the lifeblood of Indian manufacturing,
transport and agriculture, has been declining since June, and hit the lowest
level since the start of 2017 in September. | V********u 发帖数: 80 | | V********u 发帖数: 80 | | m**********n 发帖数: 27535 | | l**p 发帖数: 6080 | 5 汽车销量好几个月都是-30%左右了
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【在 a********r 的大作中提到】 : India’s electricity demand declined for the third straight month, another : indication of an economic slowdown that seems to be deepening. : Electricity demand from distribution utilities declined 13.2% in October : from a year earlier, data from the Central Electricity Authority showed. The : slump began in August when the power requirement dropped for the first time : in more than two years. : Slowing requirement mirrors a widespread slump in demand for consumers goods : to cars and houses. Industrialized provinces of Maharashtra and Tamil Nadu : -- both automobile hubs of the country -- and Gujarat, a center of textiles : and chemicals manufacturing, have also reported a sharp decline in demand.
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