Core sector growth at 3-mnth high

But remains subdued at 3.1% in Oct

- SHIVA RAJORA

Despite a high base effect, growth in the output of eight key infrastructure industries—known as the core sector—further recovered to 3.1 per cent (Y-o-Y) in October from an upwardly revised figure of 2.4 per cent in September.

In August, the output of the core sector had contracted (-1.6 per cent) for the first time in 42 months. In October 2023, the core sector had clocked 12.7 per cent growth.