Core Sector Growth Slows to Three-Month Low of 3% in September

India's eight core infrastructure sectors' output growth slowed to a three-month low of 3% in September 2025. The deceleration was primarily driven by contractions in the coal, crude oil, natural gas, and refinery products sectors. While steel and electricity output saw increases, the overall slowdown is a key indicator for the Index of Industrial Production (IIP), as these sectors constitute over 40% of the index's weight. This points to potential headwinds for the broader industrial economy.