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