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Core 08 Industries index show only 5.1% growth Y-o-Y

The Industrial Production nos have co relation to the I.I.P nos. The June Data show some industries having good demand like steel and Crude Oil. While, Coal and Natural Gas carrying worst nos. The impending slow down in Thermal and Non-thermal power plants, is lagging indicators of slowing Industrial Demand. The some of the factors may be seasonal and time being data. The Steel & Cement mop up possibly indicate Inventory mopping and export demand

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