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India s May core industrial output growth slows to 3.6%

Monday - July 2, 2018 5:22 pm , Category : BUSINESS
New Delhi July 2 (IANS) The output pace of India s eight major industries slowed down sequentially in May with a rise of 3.6 per cent official data showed on Monday.
According to the Ministry of Commerce & Industry the Index of Eight Core Industries (ECI) had risen by 4.6 per cent in April and 3.9 per cent in May 2017.
"The combined Index of Eight Core Industries stands at 131.4 in May 2018 which was 3.6 per cent higher as compared to the index of May 2017 " the ministry said in a statement.
"Its cumulative growth during April to May 2018-19 was 4.1 per cent."

--IANS rv/bg