Core Sector Growth

Core sector growth at 3-month high, but remains subdued at 3.1% in Oct

On the other hand, the output of crude oil (-4.8 per cent) and natural gas (-1.2 per cent) contracted during the month

Q2FY25 corporate earnings split sectors between strong growth and slowdowns

Four of the 10 largest sectors - oil & gas, automotive, power, and FMCG - saw year-on-year profit declines, while six sectors posted double-digit earnings growth

Core sector grows 2% in September; refinery and cement lead gains

For the first time in 42 months, the output of the core sector has contracted (-1.6 per cent) during August.

Key infra sectors' growth slows down to 6.1% in July, shows govt data

The growth in production of eight key infrastructure sectors slowed down to 6.1 per cent in July this year due to a decline in the output of crude oil and natural gas, according to official data released on Friday. The growth rate, however, is up from 5.1 per cent in June. The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 8.5 per cent in July 2023. During April-July this fiscal, the output of core sectors rose by 6.1 per cent against 6.6 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. Crude oil and natural gas output contracted by (-) 2.9 per cent and (-) 1.3 per cent, respectively, in July.

At 4%, India's core sector growth slowest in 20 months: Govt data

Slowdown reflects a high base and reduced electricity demand, down from 6.4% in May and 8.4% last year

India's core sector growth rises to 6.7% in February, up from 4.1% in Jan

Core industries contributing to this growth, include coal, natural gas, cement, steel, crude oil, electricity, and refinery products which make up 40.27% of India IIP

Core sector growth hits 15-month low of 3.6% in January: Govt data

Coal output grew by 10.2 per cent, the only sector to retain a double-digit growth in January, compared to 10.7 per cent previously

Core sector growth hits 14-month low of 3.8% in Dec due to high base

Only fertilisers and cement sectors see acceleration in output

Coal sector up 10.9% among core industries in Nov on domestic output boost

The data indicates that the combined index of eight core industries showed an increase of 7.8 per cent (provisional) in November 2023, the government said

Core sector output growth slowed to a six-month low of 7.8% in Nov

Madan Sabnavis, chief economist at Bank of Baroda, said core sector growth in November showed steady growth and the slight moderation had been due to base effects

Eight core industries growth up at 7.8% in November vs 5.7% year-ago

The output of eight key infrastructure sectors increased by 7.8 per cent in November 2023 against a 5.7 per cent expansion in the year-ago period, according to the official data released on Friday. All sectors except crude oil and cement recorded healthy production growth in the month under review. The core sector (coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity) growth in October was 12 per cent. Coal and refinery products output recorded double-digit growth. The output growth of eight sectors was 8.6 per cent in April-November 2023-24 against 8.1 per cent in the year-ago period.

India's core sector output touches 14-month high of 12.1% in August

In August last year, the core sector had grown by 4.2 per cent

India's core sector output slowed to 8% in July 2023, shows govt data

Crude oil production saw positive growth (2.1%) for the first time in 14 months since May 2022

Core sector output in May expands at 4.3% amid a high base effect

Madan Sabnavis, chief economist at Bank of Baroda, said the continued traction in cement and steel could be attributed to government spending

Core sector output growth slows to six-month low of 3.5% in April

The growth rate of the index of eight core industries (ICI) during 2022-23 was 7.7% (provisional), the ministry said in a release

Core sector output growth slows to 20-month low of 0.1% in October

Output accelerated by only 0.1% in October; 4 of 8 core industries reported production contraction

Growth of core sector output recovers to 3-month high in September

The Reserve Bank of India last month also revised its growth forecast for FY23 to 7 per cent from 7.2 per cent estimated earlier

India's core sector output growth slips to nine-month low in August

The Reserve Bank of India (RBI) on Friday pared its growth forecast for FY23 to 7 per cent from 7.2 per cent estimated earlier

India's core sector output growth slows to six-month low of 4.5% in July

The growth in these eight sectors witnessed double digits growth in May and June at 19.3% and 13.2%, respectively

India's core sector maintains double-digit growth at 12.7% in June

8 infra sectors grew 12.7% YoY in June; there was a contraction MoM