Growth of eight key infrastructure sectors slowed to 2.9% in February , the lowest in five months. This is a drop from 7.1% growth in Febr...
Growth of eight key infrastructure sectors slowed to 2.9% in February, the lowest in five months.
This is a drop from 7.1% growth in February last year and 5.1% in January.
Crude oil and natural gas production showed negative growth.
Coal, refinery products, steel, and electricity growth rates declined compared to last year.
Fertilizer and cement production rose sharply by 10.2% and 10.5%, respectively.
Core sector growth from April to February this fiscal was 4.4%, down from 7.8% last year.
Core sector contributes 40.27% to the Index of Industrial Production (IIP).
COMMENTS