Business

Core Sector Growth Dips to 2.3% in February Amid Oil Decline

Mint (Business)

India's core sector growth slumps to 2.3% in February from 4.7% in January, affected by crude oil and natural gas. What’s next for the economy?

Core sector growth slows to 2.3% in February 2026.

Steel production rose by 7.2%, signaling robust activity.

Crude oil output fell 5.2%, impacting overall growth.

GDP growth forecast for FY2027 revised down to 6.5%.

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