Core sector growth slows to 4.5% in July
Except crude oil and natural gas, all other six industries recorded an expansion in July 2022.
index of industrial production
August 2022
July 2022
June 2022
December 2021
August 2017
8 core industries’ output grows 18.1% in May
The growth in the index of eight core industries can be attributed to the higher production of cement, coal, fertilisers and electricity during May 2022 over the corresponding period of last year.
Industrial output grows 7.1% in April
The quick estimates for the index of industrial output stood at 135.1 for April 2022, compared to 126.1 seen during the corresponding month of last year.
Industrial growth slips even as corporate profits soar to historic highs
The disconnect is stark because industrial production and capacity utilisation continue to be low for several years, indicating a structural economic slowdown.
Time for a fiscal boost?
The economy needs fiscal stimulus more than it needs a rate cut.
