India’s core sector growth slows to 4.8% in August, a three-month low
The Economic Times reports that energy-sector contractions weighed on growth, while electricity and cement output grew strongly.
TLDR
India’s core sector output growth slowed to 4.8% in August, a three-month low, The Economic Times reports. It attributes the slowdown to energy-sector contractions and an unfavorable base. Fertilizer production declined for a sixth consecutive month, while electricity and cement showed strong growth. Cumulative core sector growth for April–August rose to 4.3%.
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