India's core sector growth hits five-month high of 5%
pre-market1 source ↓written by the desknot a recommendation
- in June 2026
- 5%
- surge in iron
- 43.9%
- increases in electricity
- 9.8%
- significant acceleration
- 3.2%
India's core industries expanded 5% in June 2026, the fastest growth in five months, driven by 43.9% surge in iron ore production and 9.8% increases in electricity and cement output. This marks a significant acceleration from 3.2% in May, reflecting a strong recovery in key sectors.
The introduction of iron ore as the ninth core industry under the revised base year of 2022-23 enhances the index's relevance, potentially impacting future economic policies and investments.
Not investment advice. For informational purposes only.