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

October 1, 2018
  • Contents

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 stands at 128.1 in August, 2018, which was 4.2per centhigheras compared to the index of August, 2017. Its cumulative growth during April to August, 2018-19was 5.5per cent.

Coal

3.       Coal production (weight: 10.33per cent)increased by 2.4 per cent in August, 2018 over August, 2017. Its cumulative index increased by 10.3 per centduring April to August, 2018-19over corresponding period of the previous year.

Crude Oil

4.       Crude Oil production (weight: 8.98per cent) declinedby 3.7 per cent in August, 2018 over August, 2017. Its cumulative index declined by 3.3 per centduring April to August, 2018-19over the corresponding period of previous year.

Natural Gas

5.       The Natural Gas production (weight: 6.88per cent) increased by 1.1per cent in August, 2018 over August, 2017. Its cumulative index declined by 0.6 per centduring April to August, 2018-19 over the corresponding period of previous year.

Refinery Products

6.       Petroleum Refinery production (weight: 28.04per cent) increased by 5.1 per cent in August, 2018 over August, 2017. Its cumulative index increased by 7.4 per centduring April to August, 2018-19over the corresponding period of previous year.

Fertilizers

7.       Fertilizers production (weight: 2.63 per cent) declined by 5.3 per cent in August, 2018 over August, 2017. Its cumulative index increased by 1.7 per centduring April to August, 2018-19 over the corresponding period of previous year.

Steel

8.       Steel production (weight: 17.92per cent)increasedby 3.9 per cent in August, 2018 over August, 2017. Its cumulative index increased by 3.4per centduring April to August, 2018-19 over the corresponding period of previous year.

Cement

9.       Cement production (weight: 5.37per cent) increasedby 14.3per cent in August, 2018over August, 2017. Its cumulative index increased by 14.7per centduring April to August, 2018-19 over the corresponding period of previous year.

Electricity

10.     Electricity generation (weight: 19.85per cent) increased by5.4per centin August, 2018over August, 2017. Its cumulative indexincreased by5.3 per cent during April to August, 2018-19over the corresponding period of previous year.

Note 1: Data for June, 2018, July, 2018 and August, 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 September, 2018 will be on Wednesday, 31stOctober, 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-Aug 2017-18

Apr-Aug 2018-19

Coal

10.3335

103.2

104.2

112.6

118.0

121.8

124.9

104.5

115.3

Crude Oil

8.9833

99.4

99.2

98.4

97.0

94.5

93.7

95.2

92.1

Natural Gas

6.8768

85.6

74.5

70.5

67.2

66.5

68.4

68.8

68.4

Refinery Products

28.0376

107.2

108.6

108.8

114.1

119.7

125.2

120.4

129.3

Fertilizers

2.6276

96.7

98.1

99.4

106.4

106.6

106.6

103.7

105.5

Steel

17.9166

107.9

115.8

121.7

120.2

133.1

140.5

137.1

141.7

Cement

5.3720

107.5

111.5

118.1

123.5

122.0

129.7

124.5

142.8

Electricity

19.8530

104.0

110.3

126.6

133.8

141.6

149.2

152.7

160.8

Overall Index

100.0000

103.8

106.5

111.7

115.1

120.5

125.7

122.1

128.9

 

Growth Rates(in per cent)

Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

Apr-Aug 2017-18

Apr-Aug 2018-19

Coal

10.3335

3.2

1.0

8.0

4.8

3.2

2.6

-0.2

10.3

Crude Oil

8.9833

-0.6

-0.2

-0.9

-1.4

-2.5

-0.9

-0.3

-3.3

Natural Gas

6.8768

-14.4

-12.9

-5.3

-4.7

-1.0

2.9

4.8

-0.6

Refinery Products

28.0376

7.2

1.4

0.2

4.9

4.9

4.6

1.0

7.4

Fertilizers

2.6276

-3.3

1.5

1.3

7.0

0.2

0.03

-0.9

1.7

Steel

17.9166

7.9

7.3

5.1

-1.3

10.7

5.6

6.0

3.4

Cement

5.3720

7.5

3.7

5.9

4.6

-1.2

6.3

-1.7

14.7

Electricity

19.8530

4.0

6.1

14.8

5.7

5.8

5.3

6.1

5.3

Overall Index

100.0000

3.8

2.6

4.9

3.0

4.8

4.3

3.0

5.5

 

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

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

118.8

91.8

67.1

119.1

93.1

138.1

149.1

153.7

124.3

May-18

125.2

94.8

68.7

131.6

106.6

142.8

145.3

164.7

131.9

Jun-18

120.3

90.9

67.4

133.8

108.3

142.7

149.5

159.9

131.0

Jul-18

108.1

91.2

68.5

134.1

110.0

140.3

135.9

162.1

129.2

Aug-18

103.8

91.6

70.2

127.7

109.4

144.5

134.2

163.8

128.1

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

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

15.2

-0.8

5.7

2.7

4.6

3.0

21.9

2.1

4.7

May-18

12.0

-2.9

-1.4

4.9

8.4

-0.1

13.0

4.1

4.1

Jun-18

11.8

-3.4

-2.7

12.1

1.0

3.4

13.2

8.4

7.6

Jul-18

9.8

-5.4

-5.2

12.3

1.3

6.9

11.1

6.7

7.3

Aug-18

2.4

-3.7

1.1

5.1

-5.3

3.9

14.3

5.4

4.2

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