Core sector output hits 5-month low in May at 2.8%

The output expanded 5.5 percent from a year ago between April and May

Reuters June 30, 2016 18:22:49 IST
Core sector output hits 5-month low in May at 2.8%

India's infrastructure output grew an annual 2.8 percent 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.

Core sector output hits 5month low in May at 28

Reuters

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

Annual growth in electricity production last month slowed to 4.6 percent from 14.7 percent in April. Refinery products expanded 1.2 percent year-on-year in May compared with 17.9 percent growth a month ago.

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