BUSINESS

Core sector growth slows to 3.3% in Aug

Source:PTI
September 30, 2022 17:43 IST

The output of eight core infrastructure sectors grew 3.3 per cent in August -- the lowest in nine months -- as against 12.2 per cent in the year-ago period, according to official data released on Friday.

Photograph: Mukesh Gupta/Reuters

The previous low was in November 2021 at 3.2 per cent.

 

The production growth of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 9.8 per cent during April-August this fiscal, compared to 19.4 per cent a year ago.

Source: PTI
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