India’s core sector growth eases to 4.8% in Aug as coal, oil & gas dip

The Index of Core Industries grew 4.8% year-on-year in August, compared with 6.2% in the same month last year, according to government data. This came as coal output fell 3.8%, crude oil production dropped 3.6%, and natural gas production declined 4.9%. Notably, July's growth was revised down to 5% from the earlier provisional estimate of 5.4%.