Core Sector Output Declines By 0.5% In August

INSUBCONTINENT EXCLUSIVE:
Fertiliser and steel production grew by 2.9%, and 5%, respectively during the month under review.The eight core industries in August
contracted to over three-and-half year low of 0.5 per cent, due to decline in output of coal, crude oil, natural gas, cement, and
Commenting on the data, rating firm Icra said: "The performance of the core sectors in August 2019 was disappointingly weak, with a
broad-based deterioration in six of the eight constituents and as many as five sectors recording a year-on-year contraction in that
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