Infrastructure News

Key infra sector growth at 5-month high of 8.2 pc in June, Infra News, ET Infra

[ad_1]

NEW DELHI: Growth of eight key infrastructure sectors slowed down to 8.2 per cent in June 2023 compared to the year-ago month due to a decline in the production of crude oil, natural gas, and electricity, according to the official data released on Monday. The core sector growth was 13.1 per cent in June 2022, the Commerce Ministry data showed.

The production growth in June, however, was at a five-month high. In January, the key sectors expanded at 9.7 per cent while in May 2023 the growth rate was 5 per cent.

The output growth of the eight sectors slowed down to 5.8 per cent in April-July 2023-24 against 13.9 per cent in the year-ago period.

  • Published On Jul 31, 2023 at 05:28 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Get updates on your preferred social platform

Follow us for the latest news, insider access to events and more.

[ad_2]

Source link