…BUT LOW-BASE EFFECT BOOSTS CORE SECTORS
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