Growth of eight core sector industries unchanged at 4.7% in October

During April-October, the annual output growth slowed down to 3.5% as against 5.6% in the comparable period of the last fiscal

Eight core sectors grew at a slower pace of 4.7% in October, chiefly due to subdued performance of cement, steel and refinery segments.

The eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had clocked a growth of 7.1% in October last year.

Meanwhile, the industry ministry has revised downwards September growth print of these eight sectors to 4.7% from the earlier estimate of 5.2%.

Official data released this evening showed that cement production contracted by 2.7% as against an expansion of 6.2% in October 2016.