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Home News News and Press Release Month 9 2019 2019 (9) This

Index of Eight Core Industries (Base: 2011-12=100) August, 2019

30-9-2019
  • Contents

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 stood at 128.2 in August, 2019, which declined by 0.5 per cent as compared to the index of August, 2018. Its cumulative growth during April to August, 2019-20 was 2.4 per cent.

Coal

          Coal production (weight: 10.33 per cent) declined by 8.6 per cent in August, 2019 over August, 2018. Its cumulative index declined by 0.2 per cent during April to August, 2019-20 over corresponding period of the previous year.

Crude Oil

          Crude Oil production (weight: 8.98 per cent) declined by 5.4 per cent in August2019 over August, 2018. Its cumulative index declined by 6.1 per cent during April to August, 2019-20 over the corresponding period of previous year.

Natural Gas

          The Natural Gas production (weight: 6.88 per cent) declined by 3.9 per cent in August, 2019 over August, 2018. Its cumulative index declined by 1.5 per cent during April to August, 2019-20 over the corresponding period of previous year.

 

Refinery Products

          Petroleum Refinery production (weight: 28.04 per cent) increased by 2.6 per cent in August, 2019 over August, 2018. Its cumulative index declined by 1.1 per cent during April to August, 2019-20 over the corresponding period of previous year.

Fertilizers

          Fertilizers production (weight: 2.63 per cent) increased by 2.9 per cent in August, 2019 over August, 2018. Its cumulative index increased by 0.3 per cent during April to August, 2019-20 over the corresponding period of previous year.

Steel

          Steel production (weight: 17.92 per cent) increased by 5.0 per cent in August2019 over August, 2018. Its cumulative index increased by 9.7 per cent during April to August, 2019-20 over the corresponding period of previous year.

Cement

          Cement production (weight: 5.37 per cent) declined by 4.9 per cent in August, 2019 over August, 2018. Its cumulative index increased by 1.3 per cent during April to August, 2019-20 over the corresponding period of previous year.

Electricity

          Electricity generation (weight: 19.85 per cent) declined by 2.9 per cent in August2019 over August, 2018. Its cumulative index increased by 4.6 per cent during April to August, 2019-20 over the corresponding period of previous year.

Note 1: Data for June, 2019, July, 2019 and August, 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: 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 September, 2019 will be on Thursday, 31st October, 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-Aug 2018-19

Apr-Aug 2019-20

Coal

10.3335

104.2

112.6

118.0

121.8

124.9

134.1

115.2

115.0

Crude Oil

8.9833

99.2

98.4

97.0

94.5

93.7

89.8

92.1

86.5

Natural Gas

6.8768

74.5

70.5

67.2

66.5

68.4

69.0

68.4

67.4

Refinery Products

28.0376

108.6

108.8

114.1

119.7

125.2

129.1

129.3

127.8

Fertilizers

2.6276

98.1

99.4

106.4

106.6

106.6

107.0

105.5

105.7

Steel

17.9166

115.8

121.7

120.2

133.1

140.5

147.7

141.9

155.7

Cement

5.3720

111.5

118.1

123.5

122.0

129.7

147.0

143.1

144.9

Electricity

19.8530

110.3

126.6

133.8

141.6

149.2

156.9

161.5

168.9

Overall Index

100.0000

106.5

111.7

115.1

120.5

125.7

131.2

129.1

132.1

 

 

Growth Rates (in per cent)

Sector

Weight

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

Apr-Aug 2018-19

Apr-Aug 2019-20

Coal

10.3335

1.0

8.0

4.8

3.2

2.6

7.4

10.3

-0.2

Crude Oil

8.9833

-0.2

-0.9

-1.4

-2.5

-0.9

-4.1

-3.3

-6.1

Natural Gas

6.8768

-12.9

-5.3

-4.7

-1.0

2.9

0.8

-0.7

-1.5

Refinery Products

28.0376

1.4

0.2

4.9

4.9

4.6

3.1

7.4

-1.1

Fertilizers

2.6276

1.5

1.3

7.0

0.2

0.03

0.3

1.7

0.3

Steel

17.9166

7.3

5.1

-1.3

10.7

5.6

5.1

3.5

9.7

Cement

5.3720

3.7

5.9

4.6

-1.2

6.3

13.3

15.0

1.3

Electricity

19.8530

6.1

14.8

5.7

5.8

5.3

5.2

5.8

4.6

Overall Index

100.0000

2.6

4.9

3.0

4.8

4.3

4.4

5.7

2.4

 

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-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

170.7

173.2

160.1

146.5

Apr-19

122.6

85.6

66.6

124.3

89.0

156.4

152.5

162.8

130.7

May-19

127.3

88.2

68.7

129.6

105.5

161.8

149.3

176.8

137.0

Jun-19

123.8

84.7

66.0

121.4

110.0

155.8

148.2

172.9

132.1

Jul-19

106.4

87.2

68.1

132.9

111.7

152.8

146.8

169.7

132.7

Aug-19

94.8

86.6

67.4

131.0

112.6

151.8

127.9

162.2

128.2

 

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-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

11.5

15.7

2.1

5.8

Apr-19

3.2

-6.7

-0.8

4.3

-4.4

13.3

2.3

5.9

5.2

May-19

1.7

-6.9

-0.1

-1.5

-1.0

13.3

2.8

7.4

3.8

Jun-19

3.2

-6.8

-2.1

-9.3

1.5

8.4

-1.7

8.1

0.7

Jul-19

-1.6

-4.4

-0.5

-0.9

1.5

8.9

7.9

4.7

2.7

Aug-19

-8.6

-5.4

-3.9

2.6

2.9

5.0

-4.9

-2.9

-0.5

***

 

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