Iron ore, cement, power output propels June core growth to 5%

India's core sector output grew five percent year-on-year in June. This growth accelerated from May's 3.2 percent, reaching a five-month high. Iron ore production surged significantly, while cement and electricity also showed sustained growth. Crude oil and natural gas output remained under pressure during the month. Fertiliser production also continued its decline, marking four consecutive months of contraction.