Infrastructure sector growth slows down to 19-month low in June

India’s infrastructure sector growth slowed to a 19-month low in June, strengthening the case for an interest rate cut to support the economy as inflation fell to record lows.<br/>Reduced output of cement, electricity and coal slowed the pace of expansion of the country’s eight infrastructure sectors in June to 0.4%, data released on Monday showed. The core sector had expanded 4.1% in May and 7% in June last year, indicating that high base of last year has also muted the growth.
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