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India's infrastructure output growth slows in January

Infrastructure output growth slowed to 3.4 percent in January from 5.6 percent in the previous month

New Delhi: India's annual infrastructure output growth slowed to 3.4 percent in January from 5.6 percent in the previous month on a fall in refinery production and a deeper contraction in cement output, government data showed on Tuesday.

The output growth came in at 4.8 percent for the first 10 months of the current fiscal year, which ends in March 2017.

Refinery output fell 1.5 percent year-on-year last month, compared with a 6.4 percent growth in the previous month.

( Source : reuters )
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