Growth in industrial activity in the eight core sectors of the economy remained flat in October 2025, the worst performance in 14 months, according to official data.

Growth in the Index of Eight Core Industries stood at 0% in October 2025, down from 3.8% in October of the previous year and 3% in September this year. October’s performance is the worst since August last year, when the index had contracted 1.5%.

The eight core industries — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — together account for 40.27% of the Index for Industrial Production (IIP).

The flat trajectory in October was primarily due to growth in the steel, cement, fertilisers and refinery products sectors being balanced out by contractions in the coal, electricity, na

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