India’s core sector growth rises to three-month high of 1.7% in June


India’s core infrastructure sector grew to a three-month high of 1.7 per cent in June, up from 1.2 per cent in May, according to data released by the Ministry of Commerce and Industry on Monday.

The expansion during the month under review is slightly up as compared to May, when these sectors grew 1.2 per cent.

The output of five key sectors — coal, crude oil, natural gas, fertiliser, and electricity — recorded a negative growth in June.

However, refinery products (3.4 per cent), steel (9.3 per cent), and cement (9.2 per cent) output recorded a positive growth.

During April-June this fiscal year, the eight sectors expanded 1.3 per cent against 6.2 per cent during the same period in the last fiscal year.


Coal production declined 6.8 per cent in June, while crude oil output contracted 1.2 per cent. Natural gas and fertiliser output dipped 2.8 per cent and 1.2 per cent in June, respectively.Electricity generation declined 2.8 per cent year-on-year in June.The Index of Core Industries reflects the combined and individual performance in terms of output by eight core industries — coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity. These eight make up 40.27 per cent of the total weight of India’s Index of Industrial Production (IIP).



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