India News | Key Infra Sectors Growth Slows Down to 4 Pc in June

New Delhi, Jul 31 (PTI) Production growth of eight key infrastructure sectors slowed down to 4 per cent in June this year due to a decline in the output of crude oil, and refinery products, according to official data released on Wednesday.

The core sectors' production grew by 6.4 per cent in May 2024.

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The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 8.4 per cent in June 2023.

During April-June this fiscal, the output of core sectors rose by 5.7 per cent against 6 per cent in the same period last fiscal.

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The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)