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August core sector growth slows to 2.6%

The output of eight core industries slowed down to 2.6 percent in August as against 5.9 percent in the same month last year.

Zee Media Bureau

New Delhi: The output of eight core industries slowed down to 2.6 percent in August as against 5.9 percent in the same month last year.
 
The Eight Core Industries comprise nearly 38 percent of the weight of items included in the Index of Industrial Production (IIP).  

The combined Index of Eight Core Industries stood at 169.6 in August, 2015, which was 2.6 percent higher compared to the index of August, 2014.

Its cumulative growth during April to August, 2015-16 was 2.2 percent.