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Core industries' output contracts 2.5% in Oct
Contracting for the eighth consecutive month, the output of eight core infrastructure sectors dropped by 2.5 per cent in October
image for illustrative purpose
New Delhi: Contracting for the eighth consecutive month, the output of eight core infrastructure sectors dropped by 2.5 per cent in October, mainly due to decline in production of crude oil, natural gas, refinery products and steel.
The production of eight core sectors had contracted 5.5 per cent in October 2019, data released by the Commerce and Industry Ministry showed on Friday.