Infrastructure sector growth slows to 2.3% in May

01 July, 2013

India’s infrastructure sector output growth marginally slowed to 2.3 per cent year-on-year in May from 2.4 percent the previous month, government data showed on Monday, reflecting continued slowdown in the economy.

April’s number was revised up from a provisional 2.3 per cent reported earlier.

The infrastructure sector – coal, crude oil, oil refinery, natural gas, steel, cement, electricity and fertilisers – accounts for 37.9 percent of the industrial output, which expanded just 1 per cent during the last fiscal year.

In the fiscal year that ended in March, infrastructure grew 3.2 per cent compared with 5 per cent in the previous year.


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Infrastructure sector growth slows to 2.3% in May

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