Business Today

…BUT LOW-BASE EFFECT BOOSTS CORE SECTORS

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The output of eight core industries rose 16.8 per cent in May 2021 due to lockdown

The index had contracted 21.4 per cent in May 2020 due to Covid-19-related lockdown but had surged 60.9 per cent in April 2021

Six of the eight core industries reported a rise in production this May, with only crude oil and fertiliser sectors notching declines

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