India infrastructure output rises 4.8% y/y in August
India’s infrastructure output (ININFR=ECI) grew 4.8% year-on-year in August, according to government data in the third release under a revised series.
8% year-on-year in August, government data showed on Monday, in the third release under a revised series that uses 2022-23 as the base year. The new series replaced the 2011-12 base year in June and widened the core sector basket to nine industries from the previous lineup.