December 31, 2019 / 11:54 AM / 17 days ago

India's November infrastructure output contracts for third straight month

FILE PHOTO: Women carry firewood on iron beams laid over a canal next to the construction site of a metro rail station in Kolkata, India, March 29, 2019. REUTERS/Rupak De Chowdhuri

NEW DELHI (Reuters) - India’s infrastructure output contracted for the third consecutive month to 1.5% in November from a year earlier, data released on Tuesday showed.

During April-November, output was flat from the year-ago period, according to the data.

Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 40% of the country’s industrial output.

Reporting by Aftab Ahmed; Editing by Catherine Evans

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