New series propels June core sector growth to 5%, iron ore debuts with 43.9% rise
India's core sector growth reached 5% in June, driven by the inclusion of iron ore, which saw a remarkable 43.9% increase in output compared to June 2025. This growth marks a five-month high and reflects the government's ongoing efforts to update official statistics, with the new Index of Core Industries using 2022-23 as the base year. The revised data series also indicates a significant downgrade in core sector growth for 2024-25, highlighting the impact of changing economic conditions.