India's core sector growth slows to 0.5% in May
pre-market1 source ↓written by the desknot a recommendation
- growth slowed
- 0.5%
- in April
- 1.8%
- year-on-year
- 1.1%
- and cement output
- 5%
- cement output increasing
- 8.4%
India's core sector growth slowed to 0.5% in May, marking the second-lowest rate in 21 months, down from 1.8% in April. The cumulative growth for April-May FY27 stands at 1.1% year-on-year. Key sectors like steel and cement showed positive growth, with steel production rising 5% and cement output increasing 8.4%, but energy-linked sectors remain under pressure.
Not investment advice. For informational purposes only.