Growth in India's eight core sector industries acceleratedin May 2012, with Crude Oil, Coal, Petroleum Refinery and Cement notching astrong performance over the preceding month, data released by the Governmentshowed on Thursday.
The infrastructure sector output also increased in May thisyear over the same month of last year on the back of improved performance ofCoal and Cement industries.
India's infrastructure sector growth rose 4.6% in May 2012versus 3.9% in April 2012, the Government said today.
Core sector growth stood at 5.8% in May last year.
The Index of Eight core industries has a combined weight of37.90% in the Index of Industrial Production (IIP) with base 2004-05.
The combined Index stood at 150.9 in May 2012 versus 144.6in April 2012 and 144.3 in May 2011.
India's infrastructure sector output expanded by a healthy7.8% in November 2011 after touching a six-year low of 0.4% in October 2011.
Core sector growth turned back up in December 2011 (4.9%)before sliding again in January 2012 to 0.7%. The growth once jumped to 6.9% inFebruary before losing steam again in March to 2.2%.
During FY12, the cumulative growth rate of the core sectorindustries was 4.4% as against a growth of 6.6% during FY11.