India’s Core Sector Growth Slowed to an Eight-Month Low of 0.5 PC in April
During the month under review, the government data showed that production of crude oil, refinery products and fertiliser recorded a negative growth. “The previous low growth rate was recorded in August 2024, when these sectors expanded by (-) 1.5 per cent,” the data showed.
By : DC Correspondent
Update: 2025-05-20 17:32 GMT
New Delhi: India’s core sector growth slowed to an eight-month low of 0.5 percent in April from 4.6 percent in the previous month, according to provisional numbers released by the government on Tuesday.
The eight core industries largely represent India's infrastructure sector and account for 40 percent weight in the index of industrial production. Three of the eight sectors recorded a contraction, while only two recorded an expansion faster than the previous month.
During the month under review, the government data showed that production of crude oil, refinery products and fertiliser recorded a negative growth. “The previous low growth rate was recorded in August 2024, when these sectors expanded by (-) 1.5 per cent,” the data showed.