Economic News

India's November infrastructure output contracts for third straight month

Women carry firewood on iron beams laid over a canal next to the construction site of a metro rail station in Kolkata, India, March… Rupak De Chowdhuri August 30, 2019 08:45pm IST

NEW DELHI – India’s infrastructure output contracted for the third consecutive month to 1.5% in November from a year earlier, data released on Tuesday showed.

During April-November, output was flat from the year-ago period, according to the data.

Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 40% of the country’s industrial output.

Reuters

Dec 31, 2019

Reporting by Aftab Ahmed; Editing by Catherine EvansOur Standards:The Thomson Reuters Trust Principles.

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Categories: Economic News, India News

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