Core sector growth slows to 3.3% in Aug

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.

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.