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The Economic Times

National / The Economic Times

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July core growth down to 5.4% as iron ore, power lose steam

Indias core sector growth slowed to 5.4% in July from 6% in June, with weaker iron ore, steel and electricity output and contractions in fertiliser and crude oil. Cement and coal production strengthened. Despite the monthly slowdown, April-July growth rose to 4.3% from 1.5% a year earlier. Economists expect core and industrial output growth to moderate further due to base effects.

20 Aug 2026 11:24 pm