Infrastructure sector grows by 5.4 in Q1

The official figures released on Thursday revealed that after an impressive 9 per cent growth rate in April, the infrastructure sector growth rate dipped to 3.2 per cent in June compared to 5.6 per cent a year earlier, led by the slowdown in cement sector. It stood at 5.1 per cent during May, 2004.

In June, petroleum refinery products logged a higher growth of 10.8 per cent against a growth rate of 4.7 per cent a year earlier. However, crude petroleum grew marginally by 1.1 per cent compared to 1 per cent reported in the same month last year.