Ministry of Commerce & Industry

Index of Eight Core Industries (Base: 2011-12=100) May, 2017

Posted On: 30 JUN 2017 5:04PM by PIB Delhi

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

2.         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 126.4 in May, 2017, which was 3.6 % higher compared to the index of May, 2016. Its cumulative growth during April to May, 2017-18 was 3.2 %.

Coal

3.         Coal production (weight: 10.33%)declined by 3.3% in May, 2017 over May, 2016. Its cumulative index declined by 3.3% during April to May, 2017-18over corresponding period of the previous year.

Crude Oil

4.         Crude Oil production (weight: 8.98 %) increased by 0.7% in May, 2017 over May, 2016. Its cumulative index increased by 0.1 % during April to May, 2017-18over the corresponding period of previous year.

Natural Gas

5.         The Natural Gas production (weight: 6.88 %) increased by 4.5 % in May, 2017 over May, 2016. Its cumulative index increased by 3.3 % during April to May, 2017-18 over the corresponding period of previous year.

 

Refinery Products

6.         Petroleum Refinery production (weight: 28.04%) increased by 5.4% in May, 2017 over May, 2016. Its cumulative index increased by 2.8 % during April to May, 2017-18over the corresponding period of previous year.

Fertilizers

7.         Fertilizer production (weight: 2.63 %) declined by 6.5% in May, 2017 over May, 2016. Its cumulative index declined by 0.8 % during April to May, 2017-18 over the corresponding period of previous year.

Steel

8.         Steel production (weight: 17.92%)increasedby 3.7% in May, 2017 over May, 2016. Its cumulative index increased by 6.3% during April to May, 2017-18 over the corresponding period of previous year.

Cement

9.         Cement production (weight: 5.37%) increasedby 1.8% in May, 2017over May, 2016. Its cumulative index declined by 0.3 % during April to May, 2017-18over the corresponding period of previous year.

Electricity

10.       Electricity generation (weight: 19.85%) increased by6.4 % in May, 2017over May, 2016. Its cumulative indexincreasedby5.9% duringApril to May, 2017-18over the corresponding period of previous year.

Note 1: Data for March, 2017, April, 2017 and May, 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 June, 2017 will be on Monday, 31st July, 2017.

 

 

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

Apr-May 2016-17

Apr-May 2017-18

Coal

10.3335

103.2

104.2

112.6

118.0

121.8

111.0

107.4

Crude Oil

8.9833

99.4

99.2

98.4

97.0

94.5

95.1

95.1

Natural Gas

6.8768

85.6

74.5

70.5

67.2

66.5

64.5

66.6

Refinery Products

28.0376

107.2

108.6

108.8

114.1

119.7

117.4

120.7

Fertilizers

2.6276

96.7

98.1

99.4

106.4

106.6

94.1

93.4

Steel

17.9166

107.9

115.8

121.7

120.2

133.1

130.3

138.6

Cement

5.3720

107.5

111.5

118.1

123.5

122.0

129.7

129.4

Electricity

19.8530

104.0

110.3

126.6

133.8

141.6

144.5

153.0

Overall Index

100.0000

103.8

106.5

111.7

115.1

120.5

118.8

122.7

 

 

 

 

GROWTH RATES (in %)

Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

Apr-May 2016-17

Apr-May 2017-18

Coal

10.3335

3.2

1.0

8.0

4.8

3.2

2.1

-3.3

Crude Oil

8.9833

-0.6

-0.2

-0.9

-1.4

-2.5

-2.8

0.1

Natural Gas

6.8768

-14.4

-12.9

-5.3

-4.7

-1.0

-6.7

3.3

Refinery Products

28.0376

7.2

1.4

0.2

4.9

4.9

10.5

2.8

Fertilizers

2.6276

-3.3

1.5

1.3

7.0

0.2

1.9

-0.8

Steel

17.9166

7.9

7.3

5.1

-1.3

10.7

9.0

6.3

Cement

5.3720

7.5

3.7

5.9

4.6

-1.2

3.5

-0.3

Electricity

19.8530

4.0

6.1

14.8

5.7

5.8

10.2

5.9

Overall Index

100.0000

3.8

2.6

4.9

3.0

4.8

6.9

3.2

 

 

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

May-16

115.4

96.9

66.7

119.0

104.5

137.6

130.4

146.1

122.0

Jun-16

115.4

93.5

65.1

119.6

110.3

130.2

136.5

144.3

120.5

Jul-16

97.9

97.0

67.7

122.6

108.4

120.0

121.1

142.5

117.0

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

169.8

97.4

69.1

128.9

103.5

146.2

131.8

147.9

132.6

Apr-17

103.1

92.6

63.5

116.0

89.0

134.4

125.9

150.6

118.9

May-17

111.7

97.6

69.7

125.4

97.7

142.7

132.8

155.4

126.4

 

 

 

 

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

May-16

6.0

-3.3

-6.5

3.3

6.2

13.4

2.7

6.2

5.2

Jun-16

12.1

-4.3

-4.0

5.8

5.9

8.8

10.5

9.8

7.0

Jul-16

4.1

-1.8

4.1

8.0

-3.2

0.0

0.7

2.1

3.1

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

Feb-17

6.6

-3.4

-2.1

-2.8

-4.0

8.7

-15.8

1.2

0.6

Mar-17

10.8

0.9

9.6

2.0

-3.2

11.0

-6.8

6.2

5.3

Apr-17

-3.3

-0.6

2.0

0.2

6.2

9.3

-2.4

5.4

2.8

May-17

-3.3

0.7

4.5

5.4

-6.5

3.7

1.8

6.4

3.6

 

MJPS

***

 


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