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Index of Eight Core Industries (Base: 2011-12=100) July, 2018

September 08, 2018 01:15 AM

Index of Eight Core Industries (Base: 2011-12=100) July, 2018

 The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure.

The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 128.4 in July, 2018, which was 6.6per centhigheras compared to the index of July, 2017. Its cumulative growth during April to July, 2018-19was 5.8per cent.

Coal

          Coal production (weight: 10.33per cent)increased by 9.7 per cent in July, 2018 over July, 2017. Its cumulative index increased by 12.3 per centduring April to July, 2018-19over corresponding period of the previous year.

Crude Oil

          Crude Oil production (weight: 8.98per cent) declinedby 5.4 per cent in July2018 over July, 2017. Its cumulative index declined by 3.2 per centduring April to July, 2018-19over the corresponding period of previous year.

Natural Gas

          The Natural Gas production (weight: 6.88per cent) declined by 5.2per cent in July, 2018 over July, 2017. Its cumulative index declined by 1.1 per centduring April to July, 2018-19 over the corresponding period of previous year.

 

Refinery Products

          Petroleum Refinery production (weight: 28.04per cent) increased by 12.3 per cent in July, 2018 over July, 2017. Its cumulative index increased by 8.0 per centduring April to July, 2018-19over the corresponding period of previous year.

Fertilizers

          Fertilizers production (weight: 2.63 per cent) increased by 1.3 per cent in July, 2018 over July, 2017. Its cumulative index increased by 3.7 per centduring April to July, 2018-19 over the corresponding period of previous year.

Steel

          Steel production (weight: 17.92per cent)increasedby 6.0 per cent in July2018 over July, 2017. Its cumulative index increased by 3.2per centduring April to July, 2018-19 over the corresponding period of previous year.

Cement

          Cement production (weight: 5.37per cent) increasedby 10.8per cent in July, 2018over July, 2017. Its cumulative index increased by 14.7per centduring April to July, 2018-19over the corresponding period of previous year.

Electricity

          Electricity generation (weight: 19.85per cent) increased by4.8per centin July2018over July, 2017. Its cumulative indexincreased by4.8per cent duringApril to July, 2018-19over the corresponding period of previous year.

Note 1: Data for May, 2018, June, 2018 and July, 2018are provisional.

Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.

Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.

Note 4: Release of the index for August, 2018 will be on Monday, 1stOctober, 2018.

 

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2011-12=100

 

Index

Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

Apr-Jul 2017-18

Apr-Jul 2018-19

Coal

10.3335

103.2

104.2

112.6

118.0

121.8

124.9

105.3

118.2

Crude Oil

8.9833

99.4

99.2

98.4

97.0

94.5

93.7

95.2

92.2

Natural Gas

6.8768

85.6

74.5

70.5

67.2

66.5

68.4

68.7

67.9

Refinery Products

28.0376

107.2

108.6

108.8

114.1

119.7

125.2

120.1

129.7

Fertilizers

2.6276

96.7

98.1

99.4

106.4

106.6

106.6

100.8

104.5

Steel

17.9166

107.9

115.8

121.7

120.2

133.1

140.5

136.6

141.0

Cement

5.3720

107.5

111.5

118.1

123.5

122.0

129.7

126.3

144.8

Electricity

19.8530

104.0

110.3

126.6

133.8

141.6

149.2

152.0

159.4

Overall Index

100.0000

103.8

106.5

111.7

115.1

120.5

125.7

121.9

128.9

 

 

Growth Rates(in per cent)

Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

Apr-Jul 2017-18

Apr-Jul 2018-19

Coal

10.3335

3.2

1.0

8.0

4.8

3.2

2.6

-3.3

12.3

Crude Oil

8.9833

-0.6

-0.2

-0.9

-1.4

-2.5

-0.9

0.1

-3.2

Natural Gas

6.8768

-14.4

-12.9

-5.3

-4.7

-1.0

2.9

4.9

-1.1

Refinery Products

28.0376

7.2

1.4

0.2

4.9

4.9

4.6

0.7

8.0

Fertilizers

2.6276

-3.3

1.5

1.3

7.0

0.2

0.03

-0.9

3.7

Steel

17.9166

7.9

7.3

5.1

-1.3

10.7

5.6

7.0

3.2

Cement

5.3720

7.5

3.7

5.9

4.6

-1.2

6.3

-2.3

14.7

Electricity

19.8530

4.0

6.1

14.8

5.7

5.8

5.3

5.6

4.8

Overall Index

100.0000

3.8

2.6

4.9

3.0

4.8

4.3

2.6

5.8

 

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2011-12=100

Index

Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

Jul-17

98.5

96.4

72.2

119.4

108.6

131.3

122.4

151.9

120.4

Aug-17

101.3

95.1

69.5

121.6

115.4

139.0

117.3

155.4

123.0

Sep-17

103.1

92.0

68.8

122.7

105.3

138.7

119.8

150.5

122.0

Oct-17

119.4

95.7

71.0

132.1

116.8

146.7

125.2

149.8

128.7

Nov-17

133.5

90.8

68.5

126.0

111.8

137.5

125.4

140.1

124.1

Dec-17

142.6

94.2

69.2

133.1

112.1

138.0

135.3

143.9

128.8

Jan-18

149.5

93.8

67.6

135.4

105.5

145.0

140.6

149.5

132.5

Feb-18

143.2

86.1

62.1

120.9

102.2

141.7

138.0

136.1

123.2

Mar-18

184.9

95.8

69.8

130.3

107.0

153.2

149.6

156.7

138.5

Apr-18

118.8

91.8

67.1

119.1

93.1

138.1

149.1

153.7

124.3

May-18

125.4

94.8

68.7

131.6

106.6

143.9

145.3

164.7

132.2

Jun-18

120.3

90.9

67.4

133.8

108.3

142.7

149.5

159.9

131.0

Jul-18

108.1

91.2

68.5

134.1

110.0

139.2

135.5

159.2

128.4

 

 

Growth Rates (in per cent)

Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

Jul-17

0.6

-0.5

6.6

-2.7

0.2

9.4

1.0

6.6

2.9

Aug-17

15.4

-1.6

4.2

2.4

-0.6

2.2

0.7

8.3

4.4

Sep-17

10.4

0.1

6.3

8.1

-7.7

3.7

0.1

3.4

4.7

Oct-17

3.9

-0.4

2.8

7.5

3.0

8.6

-1.3

3.2

5.0

Nov-17

0.7

0.2

2.4

8.2

0.3

14.5

16.9

3.9

6.9

Dec-17

0.4

-2.1

1.1

6.6

3.0

0.4

17.7

4.4

3.8

Jan-18

3.8

-3.2

-1.2

11.0

-1.6

1.7

19.6

7.7

6.2

Feb-18

1.3

-2.4

-1.8

7.8

5.2

5.0

23.0

4.6

5.4

Mar-18

9.1

-1.6

1.0

1.1

3.2

4.7

13.5

6.0

4.5

Apr-18

15.2

-0.8

5.7

2.7

4.6

3.0

21.9

2.1

4.7

May-18

12.2

-2.9

-1.4

4.9

8.4

0.7

13.0

4.1

4.3

Jun-18

11.8

-3.4

-2.7

12.1

1.0

3.4

13.2

8.4

7.6

Jul-18

9.7

-5.4

-5.2

12.3

1.3

6.0

10.8

4.8

6.6

 

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