India's core sector output slows to 0.5% in May as against 1.8% in April

India's core industrial output saw a significant slowdown in May 2026, registering a mere 0.5% growth compared to the previous year, a dip from April's 1.8%. While steel, cement, and electricity production showed positive momentum, the overall performance of the eight key sectors, including coal and refinery products, indicates a cautious economic pace. This cumulative slowdown for April-May 2026-27 now stands at 1.1%.