In what may have repercussions for industrial growth in August, eight core industries grew at their slowest in 11 months at 3.5 per cent in that month, down more than half of their highest growth in a year, which was 7.8 per cent in July.
The major drop of these industries from 4.4 per cent in the same month last year could be attributed to contraction in coal and natural gas production by a shocking 15.3 per cent and 5.3 per cent, respectively.
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