Index of Eight Core Industries (Base: 2011-12=100) June, 2018

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 129.8 in June, 2018, which was 6.7per centhigheras compared to the index of June, 2017. Its cumulative growth during April to June, 2018-19was 5.2per cent.

Coal

Coal production (weight: 10.33per cent)increased by 11.5 per cent in June, 2018 over June, 2017. Its cumulative index increased by 13.2 per centduring April to June, 2018-19over corresponding period of the previous year.

Crude Oil

Crude Oil production (weight: 8.98per cent) declinedby 3.4 per cent in June, 2018 over June, 2017. Its cumulative index declined by 2.4 per centduring April to June, 2018-19over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 6.88per cent) declined by 2.7per cent in June, 2018 over June, 2017. Its cumulative index increased by 0.4 per centduring April to June, 2018-19 over the corresponding period of previous year.

Refinery Products

Petroleum Refinery production (weight: 28.04per cent) increased by 12.0 per cent in June, 2018 over June, 2017. Its cumulative index increased by 6.6 per centduring April to June, 2018-19over the corresponding period of previous year.

Fertilizers

Fertilizers production (weight: 2.63 per cent) increased by 1.0 per cent in June, 2018 over June, 2017. Its cumulative index increased by 4.5 per centduring April to June, 2018-19 over the corresponding period of previous year.

Steel

Steel production (weight: 17.92per cent)increasedby 4.4 per cent in June, 2018 over June, 2017. Its cumulative index increased by 2.9per centduring April to June, 2018-19 over the corresponding period of previous year.

Cement

Cement production (weight: 5.37per cent) increasedby 13.2per cent in June, 2018over June, 2017. Its cumulative index increased by 14.2per centduring April to June, 2018-19over the corresponding period of previous year.

Electricity

Electricity generation (weight: 19.85per cent) increased by4.0per centin June, 2018over June, 2017. Its cumulative indexincreased by3.4per cent duringApril to June, 2018-19over the corresponding period of previous year.

Note 1: Data for April, 2018, May, 2018 and June, 2018are 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 July, 2018 will be on Friday, 31^stAugust, 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	2017-18	Apr-Jun 2017-18	Apr-Jun 2018-19
Coal	10.3335	103.2	104.2	112.6	118.0	121.8	124.9	107.5	121.7
Crude Oil	8.9833	99.4	99.2	98.4	97.0	94.5	93.7	94.8	92.5
Natural Gas	6.8768	85.6	74.5	70.5	67.2	66.5	68.4	67.5	67.8
Refinery Products	28.0376	107.2	108.6	108.8	114.1	119.7	125.2	120.3	128.2
Fertilizers	2.6276	96.7	98.1	99.4	106.4	106.6	106.6	98.2	102.7
Steel	17.9166	107.9	115.8	121.7	120.2	133.1	140.5	138.3	142.4
Cement	5.3720	107.5	111.5	118.1	123.5	122.0	129.7	127.6	145.7
Electricity	19.8530	104.0	110.3	126.6	133.8	141.6	149.2	152.1	157.2
Overall Index	100.0000	103.8	106.5	111.7	115.1	120.5	125.7	122.4	128.7

 Growth Rates(in per cent)

Sector	Weight	2012-13	2013-14	2014-15	2015-16	2016-17	2017-18	Apr-Jun 2017-18	Apr-Jun 2018-19
Coal	10.3335	3.2	1.0	8.0	4.8	3.2	2.6	-4.4	13.2
Crude Oil	8.9833	-0.6	-0.2	-0.9	-1.4	-2.5	-0.9	0.2	-2.4
Natural Gas	6.8768	-14.4	-12.9	-5.3	-4.7	-1.0	2.9	4.4	0.4
Refinery Products	28.0376	7.2	1.4	0.2	4.9	4.9	4.6	1.8	6.6
Fertilizers	2.6276	-3.3	1.5	1.3	7.0	0.2	0.03	-1.3	4.5
Steel	17.9166	7.9	7.3	5.1	-1.3	10.7	5.6	6.2	2.9
Cement	5.3720	7.5	3.7	5.9	4.6	-1.2	6.3	-3.3	14.2
Electricity	19.8530	4.0	6.1	14.8	5.7	5.8	5.3	5.3	3.4
Overall Index	100.0000	3.8	2.6	4.9	3.0	4.8	4.3	2.5	5.2

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
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	146.7	125.2	149.8	128.7
Nov-17	133.5	90.8	68.5	126.0	111.8	137.5	125.4	140.1	124.1
Dec-17	142.6	94.2	69.2	133.1	112.1	138.0	135.3	143.9	128.8
Jan-18	149.5	93.8	67.6	135.4	105.5	145.0	140.6	149.5	132.5
Feb-18	143.2	86.1	62.1	120.9	102.2	141.7	138.0	136.1	123.2
Mar-18	184.9	95.8	69.8	130.3	107.0	153.2	149.6	156.7	138.5
Apr-18	119.6	91.8	67.1	119.1	93.1	139.2	142.4	153.7	124.2
May-18	125.4	94.8	68.7	131.6	106.6	143.9	145.3	164.7	132.2
Jun-18	120.0	90.9	67.4	133.8	108.3	144.1	149.4	153.4	129.8

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
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	8.6	-1.3	3.2	5.0
Nov-17	0.7	0.2	2.4	8.2	0.3	14.5	16.9	3.9	6.9
Dec-17	0.4	-2.1	1.1	6.6	3.0	0.4	17.7	4.4	3.8
Jan-18	3.8	-3.2	-1.2	11.0	-1.6	1.7	19.6	7.7	6.2
Feb-18	1.3	-2.4	-1.8	7.8	5.2	5.0	23.0	4.6	5.4
Mar-18	9.1	-1.6	1.0	1.1	3.2	4.7	13.5	6.0	4.5
Apr-18	16.0	-0.8	5.8	2.7	4.6	3.8	16.5	2.1	4.6
May-18	12.2	-2.9	-1.4	4.9	8.4	0.7	13.0	4.1	4.3
Jun-18	11.5	-3.4	-2.7	12.0	1.0	4.4	13.2	4.0