India’s Core Industries Output Rises 0.7% Year-On-Year in May; Details Here | Economy News

India's Core Industries Output Rises 0.7% Year-On-Year in May; Details Here | Economy News

Last Updated:June 20, 2025, 17:31 IST

The index, which tracks activity across eight sectors and makes up 40% of India’s industrial production, grew at a revised 1% in April, compared to the initial estimate of 0.5%.

India’s steel production increased 6.7% year-on-year against a 4.4% increase in April.

India’s eight core sectors’ growth slowed down to 0.7 per cent, lowest in nine months, in May 2025 against 6.9 per cent in the same month last year, according to the latest government data released on Friday. The previous low pace was recorded in August 2024 when the output had contracted by -1.5 per cent.

The Index of Eight Core Industries, which tracks activity across eight sectors and makes up 40% of the country’s industrial production, had grown at a revised 1% in April, compared to the initial estimate of 0.5%.

According to the latest data, crude oil output dropped 1.8% year-on-year in May against a 2.8% fall in April. Natural gas production declined 3.6% year-on-year as against a 0.9% decline in April. Cement output rose 9.2% year-on-year in May compared to a 6.3% rise in April. Steel production increased 6.7% year-on-year against a 4.4% increase in April.

Fertilizer production fell 5.9% year-on-year compared to a 4.2% drop in the previous month. Coal production increased 2.8% year-on-year compared to a 3.5% gain in April. Electricity generation fell 5.8% year-on-year in May against a 1.7% increase in April. Refinery products grew 1.1% year-on-year against a drop of 4.5% in April.

During April-May this fiscal, the eight sectors expanded by 0.8 per cent against 6.9 per cent during the same period last fiscal.

(With inputs from agencies)

authorimg

Business Desk

A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More

A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More

Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated!
News business » economy India’s Core Industries Output Rises 0.7% Year-On-Year in May; Details Here

#Indias #Core #Industries #Output #Rises #YearOnYear #Details #Economy #News

Leave a Reply

Your email address will not be published. Required fields are marked *