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More bad news: Core sector output shrinks for 4th month

More bad news: Core sector output shrinks for 4th month
Infra segment, refinery product impacted the most, even as contraction narrows in latest month. The fall in the output of the eight core sectors of the economy slowed in June as Unlock 1 kicked in, but the year-on-year decline was still 15 per cent as industries battled demand slump, and cash and labour shortages in the aftermath of the nationwide lockdown. In May, the core sector output had plunged 22 per cent.   According to ICRA, industrial production could have witnessed 15-20 per ...
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