Infrastructure Output Down 2.5% In October, Shrinks For Eighth Straight Month


Infrastructure output declined for the eighth straight month

The infrastructure output contracted 2.5 per cent in October from a year earlier, falling for an eighth straight month, government data on Friday showed.

Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40 per cent of industrial output, contracted 13 per cent in the seven months through October from a year earlier, the data showed.

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