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August core sector growth picks up to 2.6%

Industry Economy

According to Union ministry of commerce and industry, growth in eight core sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — increased to 2.6 per cent in August after a slower 1.1 per cent in July. However, the 2.2 per cent cumulative growth in April to August of FY16 still remains less than the corresponding figure previous year, which was 5.6 per cent.

Extracted from BS, Oct 01,’15

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