India’s core sector output grows at 0.5% year-on-year in May, the lowest rate in seven months, according to NDTV. The report says the deceleration is driven by a sharp fall in coal production during the month. Coal output declines 9.3% year-on-year, pulling down overall core sector performance. Other core industries and their individual month-on-month or year-on-year contributions are not detailed in the provided excerpts. The figures indicate that while the core sector still records positive growth, momentum weakens compared with earlier months, with coal acting as the main drag. The data reflect how changes in production volumes across key sectors—especially energy-related activities like coal—can significantly influence the aggregate core sector growth rate.
India’s core sector growth slows to 0.5% in May, weakest in seven months
India’s core sector output grows at 0.5% year-on-year in May, the lowest rate in seven months, according to NDTV. The report says the deceleration is driven by a sharp fall in coal production during t...
- India’s core sector growth is 0.5% year-on-year in May.
- The 0.5% growth rate is the lowest in seven months.
- Coal production declines 9.3% year-on-year in May.
- The slowdown is attributed to the sharp fall in coal output.
The slowdown was led by a sharp decline in coal production, which contracted 9.3% year-on-year during the month.
20 hours agoThe slowdown was led by a sharp decline in coal production, which contracted 9.3% year-on-year during the month.
20 hours ago
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