[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, 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-June 2023-24 against 13.9 per cent in the year-ago period.
[ad_2]
Source link
More Stories
India’S Growth Forecast: S&P ups India’s FY’24 growth forecast to 6.4% on robust domestic momentum
India to remain fastest-growing major economy, but demand uneven: Poll
Jack Ma: Jack Ma gets back into business with ‘Ma’s Kitchen Food’