Business strategy

Core Sector Growth Slows to 9-Month Low Of 3.3% in August

New Delhi: 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.

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