NewsBusinessCore sector growth in August falls to 2.1%
Core sector growth in August falls to 2.1%
New Delhi, Sep 28: The output of eight core industries grew 2.1 percent in August, compared to the 3.8 per cent growth during the same month in the previous year, official data released on Friday
New Delhi, Sep 28: The output of eight core industries grew 2.1 percent in August, compared to the 3.8 per cent growth during the same month in the previous year, official data released on Friday showed.
The cumulative expansion of these industries in April-August 2012 slowed to 2.8 percent from 5.5 percent in the corresponding period last year.
The slowdown has been mainly due to declining output of the crude oil, fertilisers and cement sectors.
