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Press Information Bureau
Government of India
Ministry of Commerce & Industry
01 JUL 2019 5:00PM by PIB Delhi
Index of Eight Core Industries (Base: 2011-12=100) May, 2019

1.       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 per cent of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stood at 138.7 in May, 2019, which was 5.1 per cent higher as compared to the index of May, 2018. Its cumulative growth during April to May, 2019-20 was 5.7 per cent.

Coal

3.       Coal production (weight: 10.33 per cent) increased by 1.8 per cent in May, 2019 over May, 2018. Its cumulative index increased by 2.5 per cent during April to May, 2019-20 over corresponding period of the previous year.

Crude Oil

4.       Crude Oil production (weight: 8.98 per cent) declined by 6.9 per cent in May, 2019 over May, 2018. Its cumulative index declined by 6.8 per cent during April to May, 2019-20 over the corresponding period of previous year.

Natural Gas

5.       The Natural Gas production (weight: 6.88 per cent) growth stood at 0.0 per cent in May, 2019 over May, 2018. Its cumulative index declined by 0.4 per cent during April to May, 2019-20 over the corresponding period of previous year.

 

Refinery Products

6.       Petroleum Refinery production (weight: 28.04 per cent) declined by 1.5 per cent in May, 2019 over May, 2018. Its cumulative index increased by 1.3 per cent during April to May, 2019-20 over the corresponding period of previous year.

Fertilizers

7.       Fertilizers production (weight: 2.63 per cent) declined by 1.0 per cent in May, 2019 over May, 2018. Its cumulative index declined by 2.6 per cent during April to May, 2019-20 over the corresponding period of previous year.

Steel

8.       Steel production (weight: 17.92 per cent) increased by 19.9 per cent in May, 2019 over May, 2018. Its cumulative index increased by 19.4 per cent during April to May, 2019-20 over the corresponding period of previous year.

Cement

9.       Cement production (weight: 5.37 per cent) increased by 2.8 per cent in May, 2019 over May, 2018. Its cumulative index increased by 2.5 per cent during April to May, 2019-20 over the corresponding period of previous year.

Electricity

10.     Electricity generation (weight: 19.85 per cent) increased by 7.2 per cent in May, 2019 over May, 2018. Its cumulative index increased by 6.6 per cent during April to May, 2019-20 over the corresponding period of previous year.

Note 1: Data for March, 2019, April, 2019 and May, 2019 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, 2019 will be on Wednesday, 31st July, 2019.

 

 

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2011-12=100

 

Index

Sector

Weight

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

Apr-May 2018-19

Apr- May 2019-20

Coal

10.3335

104.2

112.6

118.0

121.8

124.9

134.1

122.0

125.1

Crude Oil

8.9833

99.2

98.4

97.0

94.5

93.7

89.8

93.3

86.9

Natural Gas

6.8768

74.5

70.5

67.2

66.5

68.4

69.0

67.9

67.7

Refinery Products

28.0376

108.6

108.8

114.1

119.7

125.2

129.1

125.4

126.9

Fertilizers

2.6276

98.1

99.4

106.4

106.6

106.6

107.0

99.9

97.3

Steel

17.9166

115.8

121.7

120.2

133.1

140.5

147.1

140.4

167.7

Cement

5.3720

111.5

118.1

123.5

122.0

129.7

147.0

147.2

150.9

Electricity

19.8530

110.3

126.6

133.8

141.6

149.2

156.9

159.2

169.7

Overall Index

100.0000

106.5

111.7

115.1

120.5

125.7

131.1

128.1

135.4

 

Growth Rates (in per cent)

Sector

Weight

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

Apr- May 2018-19

Apr-May 2019-20

Coal

10.3335

1.0

8.0

4.8

3.2

2.6

7.4

13.6

2.5

Crude Oil

8.9833

-0.2

-0.9

-1.4

-2.5

-0.9

-4.1

-1.9

-6.8

Natural Gas

6.8768

-12.9

-5.3

-4.7

-1.0

2.9

0.8

2.0

-0.4

Refinery Products

28.0376

1.4

0.2

4.9

4.9

4.6

3.1

3.9

1.3

Fertilizers

2.6276

1.5

1.3

7.0

0.2

0.03

0.3

6.6

-2.6

Steel

17.9166

7.3

5.1

-1.3

10.7

5.6

4.7

1.4

19.4

Cement

5.3720

3.7

5.9

4.6

-1.2

6.3

13.3

17.3

2.5

Electricity

19.8530

6.1

14.8

5.7

5.8

5.3

5.2

3.1

6.6

Overall Index

100.0000

2.6

4.9

3.0

4.8

4.3

4.3

4.4

5.7

 

 

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-18

125.2

94.8

68.7

131.6

106.6

142.8

145.3

164.7

131.9

Jun-18

120.0

90.9

67.4

133.8

108.3

143.8

150.7

159.9

131.2

Jul-18

108.1

91.2

68.5

134.1

110.0

140.3

136.0

162.1

129.2

Aug-18

103.8

91.6

70.2

127.7

109.4

144.5

134.5

167.2

128.8

Sep-18

109.8

88.1

67.6

125.8

108.0

143.2

133.9

162.9

127.2

Oct-18

132.9

90.9

70.3

133.8

103.3

150.2

148.4

166.0

134.8

Nov-18

138.4

87.6

68.9

128.9

102.7

144.8

136.5

147.2

128.3

Dec-18

144.1

90.2

72.2

126.6

109.4

152.0

151.0

150.3

131.5

Jan-19

152.5

89.7

71.8

131.9

116.6

153.0

156.1

150.7

134.5

Feb-19

153.8

80.8

64.4

120.0

104.8

148.6

149.1

137.7

125.9

Mar-19

201.7

89.9

70.7

135.9

111.5

163.4

173.2

160.1

145.2

Apr-19

122.6

85.6

66.6

124.3

89.0

164.3

152.5

162.9

132.1

May-19

127.5

88.2

68.7

129.6

105.5

171.1

149.3

176.6

138.7

 

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

May-18

12.0

-2.9

-1.4

4.9

8.4

-0.1

13.0

4.1

4.1

Jun-18

11.5

-3.4

-2.7

12.1

1.0

4.2

14.2

8.4

7.8

Jul-18

9.8

-5.4

-5.2

12.3

1.3

6.9

11.2

6.7

7.3

Aug-18

2.4

-3.7

1.0

5.1

-5.3

4.0

14.6

7.6

4.7

Sep-18

6.4

-4.2

-1.7

2.5

2.5

3.2

11.8

8.2

4.3

Oct-18

11.3

-5.0

-0.9

1.3

-11.5

2.4

18.4

10.9

4.8

Nov-18

3.7

-3.5

0.5

2.3

-8.1

5.3

8.8

5.1

3.3

Dec-18

1.1

-4.3

4.2

-4.8

-2.4

10.1

11.6

4.4

2.1

Jan-19

2.0

-4.3

6.2

-2.6

10.5

5.5

11.0

0.8

1.5

Feb-19

7.4

-6.1

3.8

-0.8

2.5

4.9

8.0

1.2

2.2

Mar-19

9.1

-6.2

1.4

4.3

4.3

6.7

15.7

2.1

4.9

Apr-19

3.2

-6.7

-0.8

4.3

-4.4

19.0

2.3

5.9

6.3

May-19

1.8

-6.9

0.0

-1.5

-1.0

19.9

2.8

7.2

5.1

 

***

 

MM