India's June infrastructure output rises 4% y/y
India's infrastructure output rose 4% year-on-year in June, compared to a revised upward growth of 6.4% in May, government data showed on Wednesday.
Infrastructure output, which accounts for 40% of India's industrial production, measures activity in eight sectors, including refinery products and electricity.
Coal production grew 14.8% in June, while electricity generation rose 7.7%, compared to a 10.2% and 13.7% growth in May, respectively.
Steel production grew 2.7%, against a 6.8% increase a month earlier. Natural gas output rose 3.3%, compared to a 7.5% jump in the previous month.
Cement production rose 1.9%, compared with May's 0.6% drop, and fertiliser production increased 2.4% in June, compared with a fall of 1.7% in May.
However, output of refinery products declined 1.5% against a 0.5% rise in May, while crude oil production fell 2.6%, compared with a 1.1% drop in May.
