Ministry of Commerce & Industry

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

Posted On: 03 OCT 2017 3:42PM by PIB Bhubaneshwar

 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 overAugust, 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

 

 

INDEX

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

Feb-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

Jun-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

Aug-17

15.3

-1.6

4.2

2.4

-0.7

3.0

-1.3

10.3

4.9

***

NW


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