Core sectors' output rises to 5-month high of 5% in June
New Delhi, July 21 -- India's core sector industry output increased at its fastest pace in five months in June 2026, according to data released by the ministry of industry and commerce on Monday. The latest data also shows that the shock to fertilizer production because of the West Asia conflict has mostly subsided although it is still to recover fully. On the other hand, refinery products contraction eased in June, but it is not clear if that is related to crude oil imports from West Asia. With both Iran and US ending the memorandum of understanding on the ceasefire in the region, it underlines supply side vulnerabilities for critical inputs. India's revamped Index of Core Sector Industries (ICI) grew at 5% in June 2026, the highest since ...
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