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Eight Core Industries decline by 23.4% in May

Shortpedia

Content Team
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The output of eight core infrastructure industries shrank by 23.4% in May due to the coronavirus-induced lockdown, official data showed on Tuesday. The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade released the Index of Eight Core Industries for the Month of May, 2020. In view of nationwide lockdown, various industries experienced substantial loss of production, it added.