Steepest fall in core sector output in at least 8 years hints protracted economic discomfort

The newest information on core sector output is signalling that substantial economic discomfort lies ahead in the wake of the COVID-19 pandemic and the across the country lockdown that began on March25 The provisional figures launched by the Commerce Ministry reveal that production at all but one of the eight markets comprising the core sector diminished in March from a year previously, resulting in the sharpest contraction in the index considering that the new series began in April 2012.