Core industries' output nears year-ago level in September - Photos-1
Business Today
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Core industries' output nears year-ago level in September

The index of core industries (ICI) continued its recovery streak in September 2020. It rose from 119.1 in August to 119.7 in September, nearly touching its year-ago level. The year-on-year (y-o-y) contraction in the ICI has been reducing for the last five months, from 37.9 per cent in April to 21.4 per cent in May and 12.4 per cent in June.

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