Key infra sector growth slows down to 4.3 pc in May

By :  Agencies
Update: 2023-06-30 17:28 GMT
A decline in the production of crude oil, natural gas, and electricity led to the slowdown I Photo: iStock

The growth of eight key infrastructure sectors slowed down to 4.3 per cent in May 2023 due to a decline in the production of crude oil, natural gas, and electricity.

The core sector growth was 19.3 per cent in May 2022 while in April 2023 the key infra sectors recorded a growth rate of 4.3 per cent.

During April-May this fiscal, the output growth of these eight sectors slowed down to 4.3 per cent as against 14.3 per cent in the year-ago period.


(Except for the headline, this story has not been edited by The Federal staff and is auto-published from a syndicated feed.)

Tags:    

Similar News