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Core Industries Growth Rises to 5.4% in November 2022


India’s output of eight core industries registered a 5.4% growth in November 2022 as compared to the Index of November 2021, which was 3.2% and as against 0.9% for the month of October 2022. While the y-o-y growth number is healthier, the m-o-m trends continue to remain mixed across various sectors. Amongst various sectors, coal and cement witnessed robust sequential momentum, however, other sectors, viz, crude oil, natural gas, petro refinery products, steel and electricity exhibited subdued sequential momentum, contraction over the previous month.

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