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Core sector output at 13-month high in May at 18.1% on capex push

The data shows broad-based improvement in core sector growth benefitting from a low base, with the exception of coal

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Asit Ranjan Mishra New Delhi
The output of the eight infrastructure sectors in May grew the highest in 13 months at 18.1 per cent on the back of a capex push by the Centre.

The data released by the industry department showed broad-based improvement in core sector growth benefitting from a low base, with the exception of coal (25.1 per cent), which continued to record a high double-digit growth for the second consecutive month. The other sectors that witnessed high double-digit growth were cement (26.3 per cent), fertilisers (22.8 per cent), electricity (22 per cent), petroleum & refinery products (16.7 per cent) and steel (15

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First Published: Jun 30 2022 | 10:06 PM IST

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