Eight Core Sectors Grew By 5.1% In May

The eight core sector industries recorded a growth of 5.1 percent in May on the back of healthy output in steel and electricity.

The eight core sector industries —coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity— grew by 4.1 percent in May last year.

Steel and electricity output increased by 19.9 percent and 7.2 percent respectively during the month under review.

However, crude oil, refinery products, and fertiliser were in the negative zone.

During April-May, the eight sectors grew by 5.7 percent compared to 4.4 percent in the same period last year.