India Data Hub · Macro Data
India's core sector growth slows to 0.47% in May from 1.78%
Output of eight infrastructure industries falls sharply, signalling weakening momentum.
The read
India's core sector output growth slowed to 0.47% from 1.78% in April, a sharp deceleration that signals a significant easing in industrial activity. The comparison alone points to broad-based softening across sectors such as coal, crude oil, and steel. Without a forecast, the print reflects fading momentum. The verdict: demand or base effects may be driving this, but no single cause is evident.
Key numbers
- YoY growth: 0.47%
- Previous: 1.78%