Core sector growth slows to 3-month low at 2.4%

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According to figures released by the ministry of commerce and industry, the core sector data, comprising coal, crude oil, natural gas, fertilisers, refinery products, steel, cement and electricity, during April-December 2014-15 stood at was 4.4 per cent. It was 4 per cent in December 2013-14.

The data shows that during the month, cement production grew just 3.7 per cent as opposed to 11.3 per cent growth witnessed a month ago. In fact, the production of cement has been in two-digits during the April-December period barring three months.