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22 Jun 2026Economy & Finance

Eight Core Industries Grow 0.5% in May

The Index of Eight Core Industries recorded 0.5% provisional growth in May 2026 over May 2025.

The Ministry of Commerce and Industry released the Index of Eight Core Industries for May 2026. The combined index increased by 0.5% over May 2025. Steel, cement and electricity recorded positive growth, while coal, crude oil, natural gas, refinery products and fertilizers declined. The cumulative growth during April-May 2026-27 stood at 1.1% on a provisional basis. The index is important because the eight core sectors carry significant weight in the Index of Industrial Production.

🎯 Exam Relevance: UPSC GS Paper 3, Indian Economy, Banking Awareness, SSC General Awareness, State PSC