Don’t miss the latest developments in business and finance.

India's April infrastructure output growth slows down to 2.5 percent

Image
Reuters NEW DELHI
Last Updated : May 31 2017 | 5:29 PM IST

NEW DELHI (Reuters) - India's annual infrastructure output growth slowed to a three-month low of 2.5 percent in April, mainly dragged down by a slowdown in refinery output and a contraction in coal production, government data showed on Wednesday.

The output grew a revised 5.3 percent year-on-year in March.

Annual growth in refinery production slowed down to 0.2 percent last month from 2.0 percent in March. Coal production fell 3.8 percent on year from a 10.8 percent growth in March.

(Reporting by Rajesh Kumar Singh; Editing by Malini Menon)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: May 31 2017 | 5:16 PM IST

Next Story