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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 output growth slows to six-month low of 4.5% in July
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Illustration: Binay Sinha

Shreya Nandi New Delhi
The output of India’s eight infrastructure industries decelerated to a six-month low of 4.5 per cent year-on-year (y-o-y) in July as compared to a double-digit growth in June, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday showed.

In July last year, the core sector growth was at 9.9 per cent. The slower y-o-y growth can also be attributed to a normalisation of the base effect caused by the coronavirus pandemic, economists said.

The growth in these eight sectors witnessed double digits growth in May and June at 19.3 per cent and 13.2 per

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First Published: Aug 31 2022 | 7:49 PM IST

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