Core Sector Output Growth Slows To 4% In June 2024 Vs 8.4% A Year Ago

Industrial production in India across eight core sectors slowed to 4 per cent in June 2024, compared with 8.4 per cent a year ago, according to the latest government data.

The core sector growth in the previous month of May 2024 had stood at 6.4 per cent.

Eight core sectors include coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity.

During April-June this fiscal, the output of core sectors rose by 5.7 per cent against 6 per cent in the same period last fiscal.

The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth.