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Slump Continues as Core Sector Output Shrinks by 5.2% in September

The eight core sectors had expanded by 4.3 percent in September 2018.

Published
Business
1 min read
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Output of core infrastructure industries shrank by 5.2 percent in September 2019 as seven of eight sectors witnessed negative growth, according to official data released on Thursday, 31 October.

The eight core sectors had expanded by 4.3 percent in September 2018.

Production of seven sectors of coal, crude oil, natural gas, refinery products, cement, steel, and electricity contracted in September.

Fertilizers production increased by 5.4 percent in September 2019 over the year-ago month.

During the April-September period, the growth of core industries fell to 1.3 percent against 5.5 percent in the year-ago period.

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

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