|
The summary of the Index of Eight Core Industries is given below:
Coal –Coal production (weight: 10.33 per cent) increased by 11.4 per cent in July, 2022 over July, 2021. Its cumulative index increased by 26.6 per cent during April to July, 2022-23 over corresponding period of the previous year.
Crude Oil–Crude Oil production (weight: 8.98 per cent) declined by 3.8 per cent in July, 2022 over July, 2021. Its cumulative index declined by 0.5 per cent during April to July, 2022-23 over the corresponding period of previous year.
Natural Gas - Natural Gas production (weight: 6.88 per cent) declined by 0.3 per cent in July, 2022 over July, 2021. Its cumulative index increased by 3.5 per cent during April to July, 2022-23 over the corresponding period of previous year.
Petroleum Refinery Products–Petroleum Refinery production (weight: 28.04 per cent) increased by 6.2 per cent in July, 2022 over July, 2021. Its cumulative index increased by 11.7 per cent during April to July, 2022-23 over the corresponding period of previous year.
Fertilizers –Fertilizers production (weight: 2.63 per cent) increased by 6.2 per cent in July, 2022 over July, 2021. Its cumulative index increased by 11.3 per cent during April to July, 2022-23 over the corresponding period of previous year.
Steel –Steel production (weight: 17.92 per cent) increased by 5.7 per cent in July, 2022 over July, 2021. Its cumulative index increased by 6.5 per cent during April to July, 2022-23 over the corresponding period of previous year.
Cement –Cement production (weight: 5.37 per cent) increased by 2.1 per cent in July, 2022 over July, 2021. Its cumulative index increased by 13.3 per cent during April to July, 2022-23 over the corresponding period of previous year.
Electricity –Electricity generation (weight: 19.85 per cent) increased by 2.2 per cent in July, 2022 over July, 2021. Its cumulative index increased by 13.1 per cent during April to July, 2022-23 over the corresponding period of previous year.
Note 1: Data for May, 2022, June, 2022 and July, 2022 are provisional. Index numbers of Core Industries are revised /finalized as per updated data from source agencies.
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: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.
Note 5: Release of the index for August, 2022 will be on Friday 30th September, 2022.
Annex I
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
Sector
|
Coal
|
Crude Oil
|
Natural Gas
|
Refinery Products
|
Fertilizers
|
Steel
|
Cement
|
Electricity
|
Overall Index
|
|
Weight
|
10.33
|
8.98
|
6.88
|
28.04
|
2.63
|
17.92
|
5.37
|
19.85
|
100.00
|
|
2012-13
|
103.2
|
99.4
|
85.6
|
107.2
|
96.7
|
107.9
|
107.5
|
104.0
|
103.8
|
|
2013-14
|
104.2
|
99.2
|
74.5
|
108.6
|
98.1
|
115.8
|
111.5
|
110.3
|
106.5
|
|
2014-15
|
112.6
|
98.4
|
70.5
|
108.8
|
99.4
|
121.7
|
118.1
|
126.6
|
111.7
|
|
2015-16
|
118.0
|
97.0
|
67.2
|
114.1
|
106.4
|
120.2
|
123.5
|
133.8
|
115.1
|
|
2016-17
|
121.8
|
94.5
|
66.5
|
119.7
|
106.6
|
133.1
|
122.0
|
141.6
|
120.5
|
|
2017-18
|
124.9
|
93.7
|
68.4
|
125.2
|
106.6
|
140.5
|
129.7
|
149.2
|
125.7
|
|
2018-19
|
134.1
|
89.8
|
69.0
|
129.1
|
107.0
|
147.7
|
147.0
|
156.9
|
131.2
|
|
2019-20
|
133.6
|
84.5
|
65.1
|
129.4
|
109.8
|
152.6
|
145.7
|
158.4
|
131.6
|
|
2020-21
|
131.1
|
80.1
|
59.8
|
114.9
|
111.6
|
139.4
|
130.0
|
157.6
|
123.2
|
|
2021-22
|
142.3
|
77.9
|
71.3
|
125.1
|
112.4
|
163.0
|
156.9
|
170.1
|
136.1
|
|
Apr-Jul 2021*
|
115.5
|
78.5
|
69.6
|
119.1
|
106.9
|
154.4
|
148.1
|
172.4
|
129.8
|
|
Apr-Jul 2022*
|
146.2
|
78.1
|
72.0
|
133.0
|
119.0
|
164.5
|
167.8
|
195.0
|
144.7
|
*Provisional
Growth Rates (on Y-o-Y basis in per cent)
|
Sector
|
Coal
|
Crude Oil
|
Natural Gas
|
Refinery Products
|
Fertilizers
|
Steel
|
Cement
|
Electricity
|
Overall Growth
|
|
Weight
|
10.33
|
8.98
|
6.88
|
28.04
|
2.63
|
17.92
|
5.37
|
19.85
|
100.00
|
|
2012-13
|
3.2
|
-0.6
|
-14.4
|
7.2
|
-3.3
|
7.9
|
7.5
|
4.0
|
3.8
|
|
2013-14
|
1.0
|
-0.2
|
-12.9
|
1.4
|
1.5
|
7.3
|
3.7
|
6.1
|
2.6
|
|
2014-15
|
8.0
|
-0.9
|
-5.3
|
0.2
|
1.3
|
5.1
|
5.9
|
14.8
|
4.9
|
|
2015-16
|
4.8
|
-1.4
|
-4.7
|
4.9
|
7.0
|
-1.3
|
4.6
|
5.7
|
3.0
|
|
2016-17
|
3.2
|
-2.5
|
-1.0
|
4.9
|
0.2
|
10.7
|
-1.2
|
5.8
|
4.8
|
|
2017-18
|
2.6
|
-0.9
|
2.9
|
4.6
|
0.03
|
5.6
|
6.3
|
5.3
|
4.3
|
|
2018-19
|
7.4
|
-4.1
|
0.8
|
3.1
|
0.3
|
5.1
|
13.3
|
5.2
|
4.4
|
|
2019-20
|
-0.4
|
-5.9
|
-5.6
|
0.2
|
2.7
|
3.4
|
-0.9
|
0.9
|
0.4
|
|
2020-21
|
-1.9
|
-5.2
|
-8.2
|
-11.2
|
1.7
|
-8.7
|
-10.8
|
-0.5
|
-6.4
|
|
2021-22
|
8.5
|
-2.6
|
19.2
|
8.9
|
0.7
|
16.9
|
20.8
|
8.0
|
10.4
|
|
Apr-Jul 2021*
|
10.6
|
-3.4
|
21.1
|
13.1
|
-1.1
|
59.4
|
46.5
|
15.2
|
21.4
|
|
Apr-Jul 2022*
|
26.6
|
-0.5
|
3.5
|
11.7
|
11.3
|
6.5
|
13.3
|
13.1
|
11.5
|
*Provisional,YoY is calculated over the corresponding financial year of previous year
Annex II
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
|
10.33
|
8.98
|
6.88
|
28.04
|
2.63
|
17.92
|
5.37
|
19.85
|
100.00
|
|
Jul-21
|
119.2
|
80.3
|
72.8
|
122.2
|
120.1
|
155.2
|
154.3
|
184.7
|
134.7
|
|
Aug-21
|
118.4
|
79.4
|
73.7
|
115.5
|
117.0
|
161.1
|
148.8
|
188.7
|
134.2
|
|
Sep-21
|
113.8
|
77.0
|
73.3
|
112.7
|
113.6
|
160.5
|
141.1
|
167.9
|
128.0
|
|
Oct-21
|
140.4
|
79.2
|
76.3
|
127.5
|
122.9
|
167.6
|
161.9
|
167.3
|
137.8
|
|
Nov-21
|
149.2
|
76.6
|
72.2
|
131.9
|
121.4
|
157.4
|
127.3
|
147.9
|
131.8
|
|
Dec-21
|
164.3
|
79.1
|
72.7
|
134.4
|
121.1
|
169.9
|
168.8
|
162.5
|
141.7
|
|
Jan-22
|
174.8
|
79.1
|
71.4
|
135.8
|
115.2
|
174.5
|
176.4
|
165.6
|
144.8
|
|
Feb-22
|
174.4
|
71.6
|
64.9
|
124.9
|
102.4
|
165.0
|
167.7
|
160.8
|
137.1
|
|
Mar-22
|
210.8
|
79.6
|
72.6
|
142.5
|
107.7
|
182.4
|
198.8
|
191.0
|
158.0
|
|
Apr-22
|
147.7
|
77.8
|
70.9
|
134.7
|
96.1
|
164.0
|
170.9
|
194.5
|
144.6
|
|
May-22*
|
156.5
|
80.3
|
73.5
|
137.3
|
126.0
|
171.3
|
165.4
|
199.9
|
149.5
|
|
Jun-22*
|
148.0
|
76.9
|
70.9
|
130.3
|
126.4
|
158.7
|
177.4
|
196.9
|
144.0
|
|
Jul-22*
|
132.7
|
77.3
|
72.6
|
129.8
|
127.6
|
164.1
|
157.4
|
188.7
|
140.7
|
*Provisional
Growth Rates (on Y-o-Y basis in per cent)
|
Sector
|
Coal
|
Crude Oil
|
Natural Gas
|
Refinery Products
|
Fertilizers
|
Steel
|
Cement
|
Electricity
|
Overall Growth
|
|
Weight
|
10.33
|
8.98
|
6.88
|
28.04
|
2.63
|
17.92
|
5.37
|
19.85
|
100.00
|
|
Jul-21
|
18.8
|
-3.2
|
19.0
|
6.7
|
0.6
|
9.4
|
21.7
|
11.0
|
9.9
|
|
Aug-21
|
20.6
|
-2.3
|
20.7
|
9.1
|
-3.1
|
6.9
|
36.3
|
16.0
|
12.2
|
|
Sep-21
|
7.8
|
-1.7
|
27.5
|
6.0
|
0.04
|
7.1
|
11.3
|
0.9
|
5.4
|
|
Oct-21
|
14.7
|
-2.2
|
25.8
|
14.4
|
0.04
|
5.9
|
14.6
|
3.2
|
8.7
|
|
Nov-21
|
8.2
|
-2.2
|
23.7
|
4.3
|
2.5
|
0.9
|
-3.6
|
2.1
|
3.2
|
|
Dec-21
|
5.2
|
-1.8
|
19.5
|
5.9
|
3.5
|
-0.6
|
14.2
|
2.9
|
4.1
|
|
Jan-22
|
8.2
|
-2.4
|
11.7
|
3.7
|
-2.0
|
3.8
|
14.1
|
0.9
|
4.0
|
|
Feb-22
|
6.6
|
-2.2
|
12.5
|
8.8
|
-1.4
|
5.6
|
4.2
|
4.5
|
5.9
|
|
Mar-22
|
0.3
|
-3.4
|
7.6
|
6.1
|
15.3
|
4.1
|
9.0
|
6.1
|
4.8
|
|
Apr-22
|
30.1
|
-0.9
|
6.4
|
9.2
|
8.8
|
2.5
|
7.4
|
11.8
|
9.5
|
|
May-22*
|
33.6
|
4.6
|
7.0
|
16.7
|
22.9
|
14.6
|
26.2
|
23.5
|
19.3
|
|
Jun-22*
|
32.1
|
-1.7
|
1.2
|
15.1
|
8.2
|
3.6
|
19.7
|
16.5
|
13.2
|
|
Jul-22*
|
11.4
|
-3.8
|
-0.3
|
6.2
|
6.2
|
5.7
|
2.1
|
2.2
|
4.5
|
*Provisional,YoY is calculated over the corresponding month of previous year
|