Infra sector growth slips to 5­-month low at 2.8% in May

NEW DELHI: Infrastructure sectors grew at a five-month low rate of 2.8% in May, slipping from a four-year high of 8.5% in the previous month, as oil and gas output

NEW DELHI: Infrastructure sectors grew at a five-month low rate of 2.8% in May, slipping from a four-year high of 8.5% in the previous month, as oil and gas output contracted. The eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — had expanded by 4.4% in May 2015. The eight core sectors comprise nearly 38% of total industrial production. In April, these sectors grew at an over four-year high rate of 8.5%, helped by double-digit growth in refinery products and electricity generation. The May growth numbers are the lowest since December last when the core sector expanded by 0.9%.

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