{"id":25121,"date":"2026-06-22T18:19:34","date_gmt":"2026-06-22T12:49:34","guid":{"rendered":"https:\/\/banitoday.com\/core-sector-growth-slows-to-0-5-in-may-as-coal-refinery-output-contract\/"},"modified":"2026-06-22T18:19:34","modified_gmt":"2026-06-22T12:49:34","slug":"core-sector-growth-slows-to-0-5-in-may-as-coal-refinery-output-contract","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/core-sector-growth-slows-to-0-5-in-may-as-coal-refinery-output-contract\/","title":{"rendered":"Core sector growth slows to 0.5% in May as coal, refinery output contract"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-131908700,imgsize-589216,width-400,height-225,resizemode-4\/representative-image.jpg\" alt=\"Core sector growth slows to 0.5% in May as coal, refinery output contract\" title=\"The Index of Eight Core Industries (ICI), which tracks coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, grew 0.5% in May on a year-on-year basis. The eight sectors account for 40.27% of the weight of the Index of Industrial Production (IIP).\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"The Index of Eight Core Industries (ICI), which tracks coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, grew 0.5% in May on a year-on-year basis. The eight sectors account for 40.27% of the weight of the Index of Industrial Production (IIP).\">The Index of Eight Core Industries (ICI), which tracks coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, grew 0.5% in May on a year-on-year basis. The eight sectors account for 40.27% of the weight of the Index of Industrial Production (IIP).<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>India&#8217;s infrastructure sector growth slowed to 0.5% in May from 1.2% a year earlier as contractions in coal, crude oil, natural gas and refinery products offset strong growth in steel, cement and electricity output, according to official data released on Monday.<span class=\"id-r-component br\" data-pos=\"2\"\/>The Index of Eight Core Industries (ICI), which tracks coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, grew 0.5% in May on a year-on-year basis. The eight sectors account for 40.27% of the weight of the Index of Industrial Production (IIP).<span class=\"id-r-component br\" data-pos=\"5\"\/>The final growth rate for April was revised to 1.8%, while cumulative growth in the core sector during April-May FY27 stood at 1.1%, according to data released by the commerce and industry ministry.<span class=\"id-r-component br\" data-pos=\"9\"\/>&#8220;The production of Steel, Cement, and Electricity recorded positive growth in May 2026,&#8221; the ministry said.<span class=\"id-r-component br\" data-pos=\"11\"\/>Coal output contracted 9.3% in May compared with the same month last year, while crude oil production declined 4.6% and natural gas output fell 4.9%.<span class=\"id-r-component br\" data-pos=\"13\"\/>Petroleum refinery products, the heaviest-weighted segment in the index with a 28.04% share, recorded an 8.7% decline during the month. Fertiliser production also slipped 0.9%.<span class=\"id-r-component br\" data-pos=\"16\"\/>Among the gainers, steel production rose 5% year-on-year, cement output increased 8.4%, while electricity generation posted the strongest growth of 8.7%.<span class=\"id-r-component br\" data-pos=\"18\"\/>For the first two months of the current financial year, steel output grew 5.2%, cement production expanded 8.3% and electricity generation increased 7.1%.<span class=\"id-r-component br\" data-pos=\"20\"\/>Coal production declined 9.1% during April-May, while crude oil, natural gas, refinery products and fertilisers recorded cumulative contractions of 4.2%, 4.5%, 4.7% and 4.5%, respectively.<span class=\"id-r-component br\" data-pos=\"22\"\/>The government said data for May are provisional and will be revised based on updated information received from source agencies.<span class=\"id-r-component br\" data-pos=\"24\"\/>The next set of core sector data for June will be released on July 20.<span class=\"id-r-component br\" data-pos=\"26\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/core-sector-growth-slows-to-0-5-in-may-as-coal-refinery-output-contract\/articleshow\/131908619.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Index of Eight Core Industries (ICI), which tracks coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, grew 0.5% in May on a year-on-year basis. The eight sectors account for 40.27% of the weight of the Index of Industrial Production (IIP). India&#8217;s infrastructure sector growth slowed to 0.5% in May from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-25121","post","type-post","status-publish","format-standard","has-post-thumbnail"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/25121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=25121"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/25121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/25122"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=25121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=25121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=25121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}