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Government of India
Ministry of Commerce & Industry
30-June-2016 17:03 IST
Index of Eight Core Industries (Base: 2004-05=100) May, 2016

1.         The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.

2.         The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 183.7 in May, 2016, which was 2.8 % higher compared to the index of May, 2015. Its cumulative growth during April to May, 2016-17 was 5.5 %.

Coal

3.         Coal production (weight: 4.38 %) increased by 5.5 % in May, 2016 over May, 2015. Its cumulative index during April to May, 2016-17 increased by 2.3 % over corresponding period of previous year.

Crude Oil

4.         Crude Oil production (weight: 5.22 %) decreased by 3.3 % in May, 2016 over May, 2015. Its cumulative index during April to May, 2016-17 decreased by 2.8 % over the corresponding period of previous year.

Natural Gas

5.         The Natural Gas production (weight: 1.71 %) decreased by 6.9 % in May, 2016 over May, 2015. Its cumulative index during April to May, 2016-17 declined by 6.9 % over the corresponding period of previous year.


 

 

Refinery Products (93% of Crude Throughput)

6.         Petroleum Refinery production (weight: 5.94%) increased by 1.2 % in May, 2016 over May, 2015. Its cumulative index during April to May, 2016-17 increased by 9.0 % over the corresponding period of previous year.

Fertilizers

7.         Fertilizer production (weight: 1.25%) increased by 14.8 % in May, 2016 over May, 2015. Its cumulative index during April to May, 2016-17 increased by 11.6 % over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

8.         Steel production (weight: 6.68%) increased by 3.2 % in May, 2016 over May, 2015. Its cumulative index during April to May, 2016-17 increased by 4.6 % over the corresponding period of previous year.

Cement

9.         Cement production (weight: 2.41%) increased by 2.4 % in May, 2016 over May, 2015. Its cumulative index during April to May, 2016-17 increased by 3.4 % over the corresponding period of previous year.

Electricity

10.       Electricity generation (weight: 10.32%) increased by 4.6 % in May, 2016 over May, 2015. Its cumulative index during April to May, 2016-17 increased by 9.4 % over the corresponding period of previous year.

 

Note 1: Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Product, Steel, Cement and Electricity. Accordingly, indices for the month May, 2015 have been revised.

Note 2: Release of the index for June, 2016 will be on Monday, 1st August, 2016.


Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2004-05=100

 

 

 

INDEX

Sector

Weight

2011-12

2012-13

2013-14

2014-15

2015-16

Apr-May 2015-16

Apr-May 2016-17

Coal

4.379

141.5

148.1

150.0

162.2

169.7

156.2

159.8

Crude Oil

5.216

112.1

111.4

111.2

110.2

108.7

109.6

106.6

Natural Gas

1.708

149.7

128.1

111.5

106.0

101.5

104.3

97.2

Refinery Products

5.939

133.7

172.5

175.0

175.6

182.3

173.7

189.3

Fertilizers

1.254

103.8

100.2

101.8

101.7

113.2

94.6

105.6

Steel

6.684

174.0

181.1

201.9

211.4

208.3

215.2

225.0

Cement

2.406

175.2

188.7

194.5

205.3

215.0

218.7

226.1

Electricity

10.316

149.3

155.3

164.6

178.5

187.9

186.0

203.5

Overall Index

37.903

145.3

154.7

161.2

168.5

173.0

170.6

180.1

 

 

 

 

GROWTH RATES (in %)

Sector

Weight

2011-12

2012-13

2013-14

2014-15

2015-16

Apr-May 2015-16

Apr-May 2016-17

Coal

4.379

1.3

4.6

1.3

8.1

4.6

7.8

2.3

Crude Oil

5.216

1.0

-0.6

-0.2

-0.9

-1.4

-0.9

-2.8

Natural Gas

1.708

-8.9

-14.5

-13.0

-4.9

-4.2

-3.3

-6.9

Refinery Products#

5.939

3.1

29.0

1.5

0.3

3.8

2.6

9.0

Fertilizers

1.254

0.4

-3.4

1.5

-0.1

11.3

0.7

11.6

Steel

6.684

10.3

4.1

11.5

4.7

-1.5

1.1

4.6

Cement

2.406

6.7

7.7

3.1

5.6

4.7

0.7

3.4

Electricity

10.316

8.1

4.0

6.0

8.4

5.3

2.8

9.4

Overall Index

37.903

5.0

6.5

4.2

4.5

2.7

2.1

5.5

 

#Refinery Products’ yearly growth rate of 2012-13 is not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.


Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2004-05=100

 

INDEX

Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

4.379

5.216

1.708

5.939

1.254

6.684

2.406

10.316

37.903

May-15

156.2

112.5

107.8

186.0

101.8

230.3

221.6

194.9

178.6

Jun-15

148.1

109.5

102.9

183.9

105.3

221.1

215.0

181.8

171.2

Jul-15

134.7

110.7

99.0

176.2

111.3

206.3

209.7

190.3

168.0

Aug-15

139.0

112.8

107.2

185.1

119.0

197.5

197.2

194.3

169.6

Sep-15

143.2

107.4

103.9

170.3

119.4

197.5

195.8

194.4

166.8

Oct-15

168.4

111.3

105.6

172.5

122.1

209.4

207.4

201.1

175.4

Nov-15

180.3

107.3

102.6

185.9

118.4

194.6

185.9

174.2

166.8

Dec-15

197.4

108.7

103.4

190.2

122.6

203.6

217.9

182.4

175.7

Jan-16

200.4

107.3

92.5

194.7

118.5

216.7

236.1

187.3

180.7

Feb-16

191.5

102.3

96.9

179.4

113.4

202.6

232.5

181.2

172.2

Mar-16

221.1

108.1

96.0

201.9

119.1

219.7

244.6

196.3

188.0

Apr-16

154.9

104.4

94.0

190.3

94.2

212.3

225.2

203.1

176.4

May-16

164.8

108.7

100.3

188.3

116.9

237.6

227.0

203.9

183.7

 

 

GROWTH RATES (in %)

Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

4.379

5.216

1.708

5.939

1.254

6.684

2.406

10.316

37.903

May-15

7.6

0.8

-3.0

7.8

1.3

2.0

2.7

6.0

4.4

Jun-15

6.3

-0.7

-5.9

7.5

5.8

4.9

2.6

0.2

3.0

Jul-15

0.3

-0.4

-4.4

2.9

8.6

-2.6

1.3

3.5

1.1

Aug-15

0.4

5.6

3.7

5.8

12.6

-5.9

5.4

5.6

2.6

Sep-15

1.9

-0.1

0.9

0.5

18.1

-2.5

-1.5

10.8

3.2

Oct-15

6.3

-2.1

-1.8

-4.4

16.2

-1.2

11.7

8.8

3.2

Nov-15

3.5

-3.3

-3.9

2.5

13.5

-8.4

-1.8

0.0

-1.3

Dec-15

6.1

-4.1

-6.1

2.1

13.1

-4.4

3.2

2.7

0.9

Jan-16

9.1

-4.6

-15.3

4.8

6.2

-2.8

9.0

6.0

2.9

Feb-16

3.9

0.8

1.2

8.1

16.3

-0.5

13.5

9.2

5.7

Mar-16

1.7

-5.1

-10.5

10.8

22.9

3.4

11.9

11.3

6.4

Apr-16

-0.9

-2.3

-6.8

17.9

7.8

6.1

4.4

14.7

8.5

May-16

5.5

-3.3

-6.9

1.2

14.8

3.2

2.4

4.6

2.8

 

 

MJP

 

***