Similar was the case in March when the core sector posted 6.4 per cent growth, while IIP recorded just 0.05 per cent growth. In May, core sector growth had slowed to 2.8 per cent, while IIP surprisingly rose to 1.2 per cent. This will be reflected soon in the core sector growth numbers. The core sector output had plunged to the negative growth territory in November 2015 when it shrunk by (-) 1.3 per cent. Cement sector posted a 10.3 per cent growth in June, the highest since 11.89 per cent in March 2016.

Source: The Hindu August 01, 2016 13:41 UTC