Index of Eight Core Industries (Base: 2011-12=100) August, 2017
New Delhi, 3rd October, 2017
The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure.
The Eight Core Industries comprise 40.27 % of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 123.6 in August, 2017, which was 4.9 % higher compared to the index of August, 2016. Its cumulative growth during April to August, 2017-18 was 3.0 %.
Coal
Coal production (weight: 10.33 %) increased by 15.3% in August, 2017 over August, 2016. Its cumulative index declined by 0.2% during April to August, 2017-18 over corresponding period of the previous year.
Crude Oil
Crude Oil production (weight: 8.98 %) declined by 1.6 % in August, 2017 over August, 2016. Its cumulative index declined by 0.3% during April to August, 2017-18 over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 6.88 %) increased by 4.2 % in August, 2017 over August, 2016. Its cumulative index increased by 4.8 % during April to August, 2017-18 over the corresponding period of previous year.
Refinery Products
Petroleum Refinery production (weight: 28.04%) increased by 2.4 % in August, 2017 over August, 2016. Its cumulative index increased by 1.0 % during April to August, 2017-18 over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 2.63 %) declined by 0.7 % in August, 2017 over August, 2016. Its cumulative index declined by 1.1 % during April to August, 2017-18 over the corresponding period of previous year.
Steel
Steel production (weight: 17.92 %) increased by 3.0 % in August, 2017 over August, 2016. Its cumulative index increased by 6.0 % during April to August, 2017-18 over the corresponding period of previous year.
Cement
Cement production (weight: 5.37%) declined by 1.3 % in August, 2017 over August, 2016. Its cumulative index declined by 3.3 % during April to August, 2017-18 over the corresponding period of previous year.
Electricity
Electricity generation (weight: 19.85%) increased by 10.3 % in August, 2017 over August, 2016. Its cumulative index increased by 6.5 % during April to August, 2017-18 over the corresponding period of previous year.
Note 1: Data for June, 2017, July, 2017and August, 2017 are 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 September, 2017 will be on Tuesday, 31st October, 2017.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
|
Sector |
Weight |
2012-13 |
2013-14 |
2014-15 |
2015-16 |
2016-17 |
Apr-Aug 2016-17 |
Apr-Aug 2017-18 |
|
Coal |
10.3335 |
103.2 |
104.2 |
112.6 |
118.0 |
121.8 |
104.6 |
104.4 |
|
Crude Oil |
8.9833 |
99.4 |
99.2 |
98.4 |
97.0 |
94.5 |
95.4 |
95.2 |
|
Natural Gas |
6.8768 |
85.6 |
74.5 |
70.5 |
67.2 |
66.5 |
65.7 |
68.8 |
|
Refinery Products |
28.0376 |
107.2 |
108.6 |
108.8 |
114.1 |
119.7 |
119.2 |
120.4 |
|
Fertilizers |
2.6276 |
96.7 |
98.1 |
99.4 |
106.4 |
106.6 |
104.6 |
103.5 |
|
Steel |
17.9166 |
107.9 |
115.8 |
121.7 |
120.2 |
133.1 |
129.4 |
137.2 |
|
Cement |
5.3720 |
107.5 |
111.5 |
118.1 |
123.5 |
122.0 |
126.7 |
122.5 |
|
Electricity |
19.8530 |
104.0 |
110.3 |
126.6 |
133.8 |
141.6 |
143.9 |
153.3 |
|
Overall Index |
100.0000 |
103.8 |
106.5 |
111.7 |
115.1 |
120.5 |
118.6 |
122.1 |
GROWTH RATES (in %)
|
Sector |
Weight |
2012-13 |
2013-14 |
2014-15 |
2015-16 |
2016-17 |
Apr-Aug 2016-17 |
Apr-Aug 2017-18 |
|
Coal |
10.3335 |
3.2 |
1.0 |
8.0 |
4.8 |
3.2 |
2.3 |
-0.2 |
|
Crude Oil |
8.9833 |
-0.6 |
-0.2 |
-0.9 |
-1.4 |
-2.5 |
-3.1 |
-0.3 |
|
Natural Gas |
6.8768 |
-14.4 |
-12.9 |
-5.3 |
-4.7 |
-1.0 |
-3.9 |
4.8 |
|
Refinery Products |
28.0376 |
7.2 |
1.4 |
0.2 |
4.9 |
4.9 |
7.4 |
1.0 |
|
Fertilizers |
2.6276 |
-3.3 |
1.5 |
1.3 |
7.0 |
0.2 |
1.7 |
-1.1 |
|
Steel |
17.9166 |
7.9 |
7.3 |
5.1 |
-1.3 |
10.7 |
8.7 |
6.0 |
|
Cement |
5.3720 |
7.5 |
3.7 |
5.9 |
4.6 |
-1.2 |
4.3 |
-3.3 |
|
Electricity |
19.8530 |
4.0 |
6.1 |
14.8 |
5.7 |
5.8 |
6.8 |
6.5 |
|
Overall Index |
100.0000 |
3.8 |
2.6 |
4.9 |
3.0 |
4.8 |
5.4 |
3.0 |
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 |
|
Aug-16 |
87.8 |
96.6 |
66.6 |
118.7 |
116.2 |
136.1 |
116.5 |
143.5 |
117.8 |
|
Sep-16 |
93.4 |
91.9 |
64.7 |
113.5 |
114.1 |
133.8 |
119.7 |
145.6 |
116.5 |
|
Oct-16 |
114.9 |
96.1 |
69.0 |
122.9 |
113.4 |
135.1 |
126.9 |
145.1 |
122.5 |
|
Nov-16 |
132.5 |
90.6 |
66.9 |
116.5 |
111.5 |
120.1 |
107.3 |
134.9 |
116.1 |
|
Dec-16 |
142.0 |
96.2 |
68.4 |
124.9 |
108.8 |
137.5 |
115.0 |
137.8 |
124.1 |
|
Jan-17 |
144.1 |
96.9 |
68.4 |
122.0 |
107.2 |
142.6 |
117.6 |
138.9 |
124.8 |
|
Feb-17 |
141.4 |
88.1 |
63.2 |
112.1 |
97.2 |
134.9 |
112.2 |
130.2 |
116.9 |
|
Mar-17 |
169.5 |
97.4 |
69.1 |
128.9 |
103.6 |
146.2 |
131.8 |
147.9 |
132.5 |
|
Apr-17 |
103.1 |
92.6 |
63.5 |
116.0 |
89.0 |
134.1 |
122.3 |
150.6 |
118.7 |
|
May-17 |
111.8 |
97.6 |
69.7 |
125.4 |
98.3 |
142.9 |
128.6 |
158.1 |
126.8 |
|
Jun-17 |
107.6 |
94.1 |
69.3 |
119.4 |
106.3 |
137.8 |
127.9 |
147.4 |
121.4 |
|
Jul-17 |
98.5 |
96.4 |
72.2 |
119.3 |
108.6 |
131.0 |
118.7 |
151.8 |
120.1 |
|
Aug-17 |
101.2 |
95.1 |
69.5 |
121.6 |
115.4 |
140.1 |
115.0 |
158.3 |
123.6 |
Growth Rates (in %)
|
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 |
|
Aug-16 |
-9.7 |
-3.9 |
-5.9 |
2.5 |
2.5 |
16.7 |
3.1 |
2.2 |
3.1 |
|
Sep-16 |
-6.7 |
-4.1 |
-5.9 |
6.9 |
0.3 |
16.1 |
6.7 |
5.1 |
5.3 |
|
Oct-16 |
-1.9 |
-3.2 |
-1.5 |
12.6 |
0.7 |
17.4 |
6.2 |
3.0 |
7.1 |
|
Nov-16 |
6.1 |
-5.4 |
-2.1 |
-0.7 |
4.2 |
5.4 |
0.5 |
9.5 |
3.2 |
|
Dec-16 |
3.6 |
-0.8 |
-0.4 |
5.4 |
-2.9 |
15.9 |
-8.7 |
6.4 |
5.6 |
|
Jan-17 |
3.5 |
1.3 |
11.6 |
0.0 |
-1.2 |
11.3 |
-13.3 |
5.2 |
3.4 |
|
-17 |
6.6 |
-3.4 |
-2.1 |
-2.8 |
-4.0 |
8.7 |
-15.8 |
1.2 |
0.6 |
|
Mar-17 |
10.6 |
0.9 |
9.6 |
2.0 |
-3.0 |
11.0 |
-6.8 |
6.2 |
5.2 |
|
Apr-17 |
-3.3 |
-0.6 |
2.0 |
0.2 |
6.2 |
9.0 |
-5.2 |
5.3 |
2.6 |
|
May-17 |
-3.2 |
0.7 |
4.5 |
5.4 |
-5.9 |
3.8 |
-1.4 |
8.2 |
3.9 |
|
-17 |
-6.7 |
0.6 |
6.4 |
-0.2 |
-3.6 |
5.8 |
-6.3 |
2.2 |
0.8 |
|
Jul-17 |
0.6 |
-0.5 |
6.6 |
-2.7 |
0.2 |
9.2 |
-2.0 |
6.5 |
2.6 |
|
-17 |
15.3 |
-1.6 |
4.2 |
2.4 |
-0.7 |
3.0 |
-1.3 |
10.3 |
4.9 |