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India's infrastructure output growth hits 5-month low in May

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

India's infrastructure output growth hits 5-month low in May

Reuters New Delhi

India's infrastructure output grew an annual 2.8% 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% from a year ago between April and May.

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

 

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First Published: Jun 30 2016 | 5:23 PM IST

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