India's core sectors contracted again after two months, and at the sharpest pace since August.
The index of eight core industries contracted 4.6% in February compared with a revised growth of 0.9% in January 2021, according to data released by the Ministry of Commerce & Industry on Wednesday.
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Internals
Coal production declined 4.4% in February 2021 compared with a drop of 1.9% in January 2021.
Crude oil production declined 3.2% compared with a fall of 4.6% in the preceding month.
Natural gas production declined 1% after a decline of 2% in January.
Production of refinery products fell 10.9% in February after a contraction of 2.6% in the preceding month.
Fertilisers production contracted 3.7% after a fall of 2.7% in January 2021.
Steel production fell 1.8% compared with a growth of 6.2%.
Cement production dropped 5.5% in February after declining 5.8% in January.
Electricity generation declined 0.2% after growing 5.5% in January 2021.
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