As recovery takes roots, January core sector growth hits 4-month peak of 7.8%

Barring crude oil, seven of the eight infrastructure industries recorded expansion for a second straight month in January, indicating that a broad-based industrial recovery is probably taking roots. With this, the core sector performance improved for a third straight month through January, having recovered from a 20-month trough of 0.7% in October 2022, showed the official data released on Tuesday.

from News-Economic Times https://ift.tt/8uI6lCm