Ministry of Commerce & Industry

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

Posted On: 01 JAN 2018 5:03PM by PIB Delhi

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 123.9 in November, 2017, which was 6.8 per cent higher as compared to the index of November, 2016. Its cumulative growth during April to November, 2017-18 was 3.9 per cent.

Coal

          Coal production (weight: 10.33 per cent) declined by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 1.5 per cent during April to November, 2017-18 over corresponding period of the previous year.

Crude Oil

          Crude Oil production (weight: 8.98 per cent) increased by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index declined by 0.2 per cent during April to November, 2017-18 over the corresponding period of previous year.

Natural Gas

          The Natural Gas production (weight: 6.88 per cent) increased by 2.4 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.4 per cent during April to November, 2017-18 over the corresponding period of previous year.

Refinery Products

          Petroleum Refinery production (weight: 28.04 per cent) increased by 8.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 3.6 per cent during April to November, 2017-18 over the corresponding period of previous year.

Fertilizers

          Fertilizer production (weight: 2.63 per cent) increased by 0.3 per cent in November, 2017 over November, 2016. Its cumulative index declined by 1.1 per cent during April to November, 2017-18 over the corresponding period of previous year.

Steel

          Steel production (weight: 17.92 per cent) increased by 16.6 per cent in November, 2017 over November, 2016. Its cumulative index increased by 7.2 per cent during April to November, 2017-18 over the corresponding period of previous year.

Cement

          Cement production (weight: 5.37 per cent) increased by 17.3 per cent in November, 2017 over November, 2016. Its cumulative index increased by 0.6 per cent during April to November, 2017-18 over the corresponding period of previous year.

Electricity

          Electricity generation (weight: 19.85 per cent) increased by 1.9 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.9 per cent during April to November, 2017-18 over the corresponding period of previous year.

Note 1: Data for September, 2017, October, 2017and November, 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 December, 2017 will be on Wednesday, 31st January, 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

Apr-Nov 2016-17

Apr-Nov 2017-18

Coal

10.3335

103.2

104.2

112.6

118.0

121.8

108.0

109.6

Crude Oil

8.9833

99.4

99.2

98.4

97.0

94.5

94.5

94.3

Natural Gas

6.8768

85.6

74.5

70.5

67.2

66.5

66.1

69.1

Refinery Products

28.0376

107.2

108.6

108.8

114.1

119.7

118.6

122.8

Fertilizers

2.6276

96.7

98.1

99.4

106.4

106.6

107.8

106.6

Steel

17.9166

107.9

115.8

121.7

120.2

133.1

129.5

138.8

Cement

5.3720

107.5

111.5

118.1

123.5

122.0

123.4

124.2

Electricity

19.8530

104.0

110.3

126.6

133.8

141.6

143.1

150.1

Overall Index

100.0000

103.8

106.5

111.7

115.1

120.5

118.5

123.1

 

Growth Rates (in per cent)

Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

Apr-Nov 2016-17

Apr-Nov 2017-18

Coal

10.3335

3.2

1.0

8.0

4.8

3.2

1.2

1.5

Crude Oil

8.9833

-0.6

-0.2

-0.9

-1.4

-2.5

-3.5

-0.2

Natural Gas

6.8768

-14.4

-12.9

-5.3

-4.7

-1.0

-3.6

4.4

Refinery Products

28.0376

7.2

1.4

0.2

4.9

4.9

6.9

3.6

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

10.2

7.2

Cement

5.3720

7.5

3.7

5.9

4.6

-1.2

4.4

0.6

Electricity

19.8530

4.0

6.1

14.8

5.7

5.8

6.4

4.9

Overall Index

100.0000

3.8

2.6

4.9

3.0

4.8

5.3

3.9

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

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

107.3

138.0

132.0

147.4

121.7

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

146.5

125.2

149.8

128.6

Nov-17

132.2

90.8

68.5

126.0

111.8

140.1

125.9

137.4

123.9

 

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

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

-2.7

6.0

-3.3

2.2

1.0

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

8.4

-1.3

3.2

5.0

Nov-17

-0.2

0.2

2.4

8.2

0.3

16.6

17.3

1.9

6.8

 

*****

NW

 



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