July core sector growth slows to three-month low of 1.1%
A contraction in steel production and a slowdown in output of coal and refinery products are the reasons
)
A worker welds iron rods to build a seawall along a river at the construction site of residential and commercial buildings in Ahmedabad
India's annual infrastructure output growth slowed to a three-month low of 1.1 percent in July, dragged down by a contraction in steel production and a slowdown in output of coal and refinery products, government data showed on Monday.
The output had grown 3 percent year-on-year in June.
Steel production shrank an annual 2.6 percent last month, compared with a 4.9 percent growth in June.
The infrastructure sector accounts for nearly 38 percent of India's industrial output.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 31 2015 | 5:21 PM IST
