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What is a Core Sector Growth?

Core Sector Growth

About Core Sector Growth

What is a Core Sector Growth?

The main or the key industries constitute the core sectors of an economy. In India, there are eight sectors that are considered the core sectors. The eight-core sectors of the Indian economy are electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers.
 
These sectors have a major impact on the Indian economy and significantly affect most other industries as well. The eight industries have a combined share of 40.27 per cent in the Index of Industrial Production (IIP), which gives the growth rates of different industry groups in a specified period.
Before the IIP is released, the Index of
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Latest Updates on Core Sector Growth

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

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Updated On : 30 Nov 2022 | 7:54 PM IST

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

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Updated On : 31 Oct 2022 | 11:38 PM IST

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

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Updated On : 30 Sep 2022 | 11:19 PM IST

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

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Updated On : 01 Sep 2022 | 12:43 AM IST

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

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Updated On : 29 Jul 2022 | 10:57 PM IST

Core sector output at 13-month high in May at 18.1% on capex push

The data shows broad-based improvement in core sector growth benefitting from a low base, with the exception of coal

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Updated On : 01 Jul 2022 | 2:04 AM IST

Core sector picks up sequentially; registers double digit growth in March

A coal shortage could aggravate power cuts in many states, leading to economic growth losing momentum.

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Updated On : 30 Apr 2022 | 12:46 AM IST

March core sector growth slows down to 4.3% from 12.6% a year ago

The growth rate of the eight infrastructure sectors - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 6 per cent in February

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Updated On : 29 Apr 2022 | 6:25 PM IST

Core sectors output slows in Nov to 3.1% month-on-month: Govt data

In October, core sectors' output had grown by 8.4%

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Updated On : 31 Dec 2021 | 5:51 PM IST

India's core sector output grows 9.4% in July on the back of low base

Except crude oil, 7 sectors have shown an uptick YoY

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Updated On : 01 Sep 2021 | 12:47 AM IST

Core sector growth at 9.4% in July, against (-) 7.6% in year-ago period

The production of eight core industries rose by 9.4 per cent in July against a 7.6 per cent decline in the year-ago month, official data released on Tuesday showed.

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Updated On : 31 Aug 2021 | 5:47 PM IST

India's core sector output in May grows 16.8% year-on-year on low base

Steel, refinery products, cement, electricity, crude oil witnessed contraction due to restrictions imposed by various state governments

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Updated On : 30 Jun 2021 | 11:21 PM IST

Q3 GDP growth number: Covid-driven recession over, double dip ahead

GDP is implicitly projected by NSO to slip back into contraction of 1.1% in Q4FY21. This appears to be an outcome of the back-ended release in the Govt's subsidies that is on the anvil in Q4

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Updated On : 27 Feb 2021 | 2:04 AM IST

Output of eight core industries contracts 1.3% in December 2020

During April-December 2020-21, the sectors' output declined by 10.1 per cent against a growth rate of 0.6 per cent in the same period of the previous year

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Updated On : 30 Jan 2021 | 12:43 AM IST

Core sector shrinks eighth month in row, sharper sequentially in October

Contraction due to decline in production of crude oil, natural gas, refinery products and steel

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Updated On : 28 Nov 2020 | 1:22 AM IST

Core sector output shrinks for sixth straight month in August, down 8.5%

Refinery production impacted the most, coal production rises after 4-months

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Updated On : 01 Oct 2020 | 1:02 AM IST

Core sector output shrinks for fifth straight month in July, down 9.6%

Infra segment, refinery product impacted the most, even as contraction narrows in latest month

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Updated On : 01 Sep 2020 | 1:09 AM IST

Core sector output shrinks for third straight month in May, shrinks 23.4%

In May, the production of refinery products, a key export item, took the biggest hit. Output fell by 21.3 per cent after contracting by 24.2 per cent in April

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Updated On : 01 Jul 2020 | 2:45 AM IST

Lockdown effect: Core sector output crashes record 38.1% in April

Infra segment hurt the most as cement and steel output tank by more than 80 per cent

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Updated On : 29 May 2020 | 11:25 PM IST

Covid-19 economic impact to be much greater than assessed earlier

Large-scale contraction across sectors in April; which way the GDP will go depends largely on how long the lockdown stays

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Updated On : 06 May 2020 | 2:52 PM IST