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Core sector growth slows to 4.9% in November


The eight core industries recorded a year-on-year growth in output of 4.9 per cent in November 2016, slower than the previous two months - that is, a 6.6 per cent increase in October and 5.01 per cent in September.
●    Output in electricity and coal posted healthy growth rates of 10.2 per cent and 6.4 per cent respectively in November as against 2.85 per cent and (-) 1.5 per cent respectively in October 2016, according to government data released on Monday. 
●    In November 2015, electricity and coal production posted a growth of 5.6 per cent and 3.8 per cent respectively.
●    The 10.2 per cent growth in output of electricity in November is the highest since 14.68 per cent in April 2016. 
●    The eight core industries comprise close to 37.9 per cent of the weight of items included in the Index of Industrial Production (IIP) and electricity has the maximum weight (of 10.32 per cent) among the eight sectors.