News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Rediff.com  » Business » India's infrastructure output growth hits 5-month low

India's infrastructure output growth hits 5-month low

By Rajesh Kumar Singh
Last updated on: June 30, 2016 20:16 IST
Get Rediff News in your Inbox:

A project under construction

India's infrastructure output grew an annual 2.8 per cent in May, its slowest pace in five months, primarily dragged down by a slowdown in output of electricity, steel and refinery products, government data showed on Thursday.

The output expanded 5.5 per cent from a year ago between April and May.

 

Annual growth in electricity production last month slowed to 4.6 per cent from 14.7 per cent in April.

Refinery products expanded 1.2 per cent year-on-year in May compared with 17.9 per cent growth a month ago.

Photograph: Reuters

Get Rediff News in your Inbox:
Rajesh Kumar Singh in New Delhi
Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Related News: India, Reuters
 

Moneywiz Live!