{"id":27819,"date":"2023-04-28T12:42:54","date_gmt":"2023-04-28T12:42:54","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/india-march-infrastructure-output\/"},"modified":"2023-04-28T12:43:58","modified_gmt":"2023-04-28T12:43:58","slug":"india-march-infrastructure-output","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/india-march-infrastructure-output\/","title":{"rendered":"India March infrastructure output grows 3.6%, a five-month low"},"content":{"rendered":"

NEW DELHI (Reuters) – India’s infrastructure output expanded 3.6% year-on-year in March, its slowest pace in five months, in part dragged by a contraction in electricity and cement output, government data showed on Friday.<\/p>\n

The country’s infrastructure output last grew at a slower pace, of 0.1% year-on-year, in October 2022.<\/p>\n

Infrastructure output\u2014which comprises eight sectors, including coal and electricity, accounting for nearly 40% of industrial output\u2014rose 7.6% in the April 2022 to March 2023 financial year, the data showed.<\/p>\n

“The output of some of the sectors is likely to have been dampened by the unseasonal rainfall, (including sectors) such as electricity and cement which displayed a YoY contraction in March, along with crude oil,” said Aditi Nayar, an economist at ICRA.<\/p>\n

The output from sectors such as coal, fertilisers and steel displayed a healthy expansion, in excess of 8%, in March, which is encouraging, Nayar added.<\/p>\n

\n

(Reporting by Shivangi Acharya; Editing by Savio D’Souza)<\/p>\n

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NEW DELHI (Reuters) – India’s infrastructure output expanded 3.6% year-on-year in March, its slowest pace in five months, in part dragged by a contraction in electricity and cement output, government data showed on Friday. The country’s infrastructure output last grew at a slower pace, of 0.1% year-on-year, in October 2022. Infrastructure output\u2014which comprises eight sectors, […]<\/p>\n","protected":false},"author":8,"featured_media":27820,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1216],"tags":[],"class_list":["post-27819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-economy"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportEconomy\/tagreuters.com2023binary_LYNXMPEJ3R0MK-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/27819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=27819"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/27819\/revisions"}],"predecessor-version":[{"id":27821,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/27819\/revisions\/27821"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/27820"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=27819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=27819"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=27819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}