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CARE Ratings Research Report
The performance of the eight core sectors has been strong in August 2021 with the base effect at play for the sixth successive month.
The core sector output grew by 11.6% during the month compared with 9.9% in the previous month and de-growth of 6.9% in the corresponding month of the previous year.
This expansion in the output can be ascribed to strong growth in coal, natural gas, cement and power sector during the month.
The performance of the core sectors on a sequential basis has been marginally lower by 0.9% over the previous month with a contraction in all sectors barring natural gas, steel and electricity.
The
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