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Infrastructure Sector Growth Hits Eight-Month Low: What It Means for the Economy

In April, the output of eight key infrastructure sectors fell to an eight-month low of 0.5%, a significant drop from 6.9% growth a year prior. This decline, influenced by negative growth in crude oil, refinery products, and fertilizers, raises concerns about the overall economic health. The last recorded low was in August 2024, when these sectors contracted by 1.5%. This article delves into the implications of this slowdown and what it could mean for the economy moving forward.
 

Infrastructure Output Declines Significantly

New Delhi: Recent official statistics reveal that the output from eight major infrastructure sectors has dropped to a concerning eight-month low of just 0.5 percent in April. This marks a stark contrast to the 6.9 percent growth observed during the same month last year.


In March, these sectors had shown a healthier growth rate of 4.6 percent.


Notably, the month in question saw declines in the production of crude oil, refinery products, and fertilizers, all of which contributed to the overall slowdown.


The last time such a low growth rate was recorded was in August 2024, when these sectors experienced a contraction of (-) 1.5 percent.


Media House