labels: economy - general, infrastructure - general
February Infrastructure growth rises to 5.6 per centnews
01 April 2006

Infrastructure output for the month of February 2006 increased to 5.6 per cent as compared to a growth of 0.8 per cent for the same month of previous year. The recovery in infrastructure growth was aided by significant growth in sectors like cement, coal mining and electricity generation.

Infrastructure growth for the month of January 2006 was at 3.3 per cent.

For the period April 2005 - February 2006, infrastructure growth is at 4.5 per cent as against 5.8 per cent for the same period of previous year.

The infrastructure index tracks the performance of 6 key basic sectors having a combined weight of 26.7 per cent in the Index of Industrial Production (IIP).

Cement was once again the best performing sector for the month of February 2006, recording a growth rate of 16.3 per cent. The sector had recorded a growth rate of 15.4 per cent during January of this year.

Coal production also maintained the growth from the previous 2 months, registering a growth rate of 9.3 per cent - higher than the 8.2 per cent reported for January. Electricity output increased 9 per cent during the month as compared to 5.8 per cent for the previous month.

Crude oil output and steel production declined during the month of February. Both these sectors had recorded lower output levels during January as well.

Sector-wise growth rates

Sector Feb2005 Feb 2006 Jan 2006 Apr 04 - Feb 05 Apr 05 - Feb 06
Crude oil -4.9 -2.0 -4.7 1.8 -5.5
Petroleum refining -3.5 6.2 5.2 4.3 1.4
Coal 2.2 9.3 8.2 3.9 6.4
Electricity -0.8 9.0 5.8 5.2 5.3
Cement 1.3 16.3 15.4 6.6 11.9
Finished Steel 6.0 -1.1 -3.8 7.5 5.3
Aggregate 0.8 5.6 3.3 5.8 4.5




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February Infrastructure growth rises to 5.6 per cent