India’s infrastructure output grows 2% year-on-year in July

NEW DELHI (Reuters) -India’s infrastructure output grew 2% year-on-year in July, government data showed on Wednesday.

The index, which tracks activity across eight sectors and makes up 40% of the country’s industrial production, grew at a revised 2.2% in June, compared to the initial estimate of 1.7%.

KEY NUMBERS

* Crude oil output fell 1.3% year-on-year in July against a revised fall of 1.2% in June

* Natural gas production fell 3.2% year-on-year in July after a decline of 2.8% in June

* Cement output rose 11.7% year-on-year in July compared with a revised 8.2% increase in June

* Steel production increased 12.8% year-on-year in July after a revised 9.7% growth in June

* Fertiliser production rose 2% year-on-year in July after a drop of 1.2% in June

* Coal production fell 12.3% year-on-year in July against a fall of 6.8% in the previous month

* Electricity generation rose 0.5% year-on-year in July against a revised drop of 1.2% in June

* Refinery products output fell 1% year-on-year in July after a growth of 3.4% in the previous month

(Reporting by Manoj Kumar and Aftab Ahmed; Editing by Janane Venkatraman)

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