Tuesday 3 October 2017

Index of Eight Core Industries (Base: 2011-12=100) August, 2017

Index of Eight Core Industries (Base: 2011-12=100) August, 2017
          The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure.
            The Eight Core Industries comprise 40.27 % of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 123.6 in August, 2017, which was 4.9 %higher compared to the index of August, 2016. Its cumulative growth during April to August, 2017-18 was 3.0 %.
Coal
            Coal production (weight: 10.33 %) increased by 15.3% in August, 2017 over August, 2016. Its cumulative index declined by 0.2% during April to August, 2017-18 over corresponding period of the previous year.
Crude Oil
            Crude Oil production (weight: 8.98 %) declined by 1.6 % in August2017 over August, 2016. Its cumulative index declined by 0.3% during April to August, 2017-18 over the corresponding period of previous year.
Natural Gas
            The Natural Gas production (weight: 6.88 %) increased by 4.2 % in August, 2017 over August, 2016. Its cumulative index increased by 4.8 % during April to August, 2017-18 over the corresponding period of previous year.
Refinery Products
            Petroleum Refinery production (weight: 28.04%) increased by 2.4 % in August, 2017 over August, 2016. Its cumulative index increased by 1.0 % during April to August, 2017-18 over the corresponding period of previous year.
Fertilizers
            Fertilizer production (weight: 2.63 %) declined by 0.7 % in August, 2017 over August, 2016. Its cumulative index declined by 1.1 % during April to August, 2017-18 over the corresponding period of previous year.
Steel
            Steel production (weight: 17.92 %) increased by 3.0 % in August2017 over August, 2016. Its cumulative index increased by 6.0 during April to August, 2017-18 over the corresponding period of previous year.
Cement
            Cement production (weight: 5.37%) declined by 1.3 % in August, 2017 over August, 2016. Its cumulative index declined by 3.3 % during April to August, 2017-18 over the corresponding period of previous year.
Electricity
            Electricity generation (weight: 19.85%) increased by 10.3 % in August2017 over August, 2016. Its cumulative index increased by 6.5 % during April to August, 2017-18 over the corresponding period of previous year.
Note 1: Data for June, 2017, July, 2017and August, 2017 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 September, 2017 will be on Tuesday, 31st October, 2017.


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
Apr-Aug 2016-17
Apr-Aug 2017-18
Coal
10.3335
103.2
104.2
112.6
118.0
121.8
104.6
104.4
Crude Oil
8.9833
99.4
99.2
98.4
97.0
94.5
95.4
95.2
Natural Gas
6.8768
85.6
74.5
70.5
67.2
66.5
65.7
68.8
Refinery Products
28.0376
107.2
108.6
108.8
114.1
119.7
119.2
120.4
Fertilizers
2.6276
96.7
98.1
99.4
106.4
106.6
104.6
103.5
Steel
17.9166
107.9
115.8
121.7
120.2
133.1
129.4
137.2
Cement
5.3720
107.5
111.5
118.1
123.5
122.0
126.7
122.5
Electricity
19.8530
104.0
110.3
126.6
133.8
141.6
143.9
153.3
Overall Index
100.0000
103.8
106.5
111.7
115.1
120.5
118.6
122.1



GROWTH RATES (in %)
Sector
Weight
2012-13
2013-14
2014-15
2015-16
2016-17
Apr-Aug 2016-17
Apr-Aug 2017-18
Coal
10.3335
3.2
1.0
8.0
4.8
3.2
2.3
-0.2
Crude Oil
8.9833
-0.6
-0.2
-0.9
-1.4
-2.5
-3.1
-0.3
Natural Gas
6.8768
-14.4
-12.9
-5.3
-4.7
-1.0
-3.9
4.8
Refinery Products
28.0376
7.2
1.4
0.2
4.9
4.9
7.4
1.0
Fertilizers
2.6276
-3.3
1.5
1.3
7.0
0.2
1.7
-1.1
Steel
17.9166
7.9
7.3
5.1
-1.3
10.7
8.7
6.0
Cement
5.3720
7.5
3.7
5.9
4.6
-1.2
4.3
-3.3
Electricity
19.8530
4.0
6.1
14.8
5.7
5.8
6.8
6.5
Overall Index
100.0000
3.8
2.6
4.9
3.0
4.8
5.4
3.0





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-16
87.8
96.6
66.6
118.7
116.2
136.1
116.5
143.5
117.8
Sep-16
93.4
91.9
64.7
113.5
114.1
133.8
119.7
145.6
116.5
Oct-16
114.9
96.1
69.0
122.9
113.4
135.1
126.9
145.1
122.5
Nov-16
132.5
90.6
66.9
116.5
111.5
120.1
107.3
134.9
116.1
Dec-16
142.0
96.2
68.4
124.9
108.8
137.5
115.0
137.8
124.1
Jan-17
144.1
96.9
68.4
122.0
107.2
142.6
117.6
138.9
124.8
Feb-17
141.4
88.1
63.2
112.1
97.2
134.9
112.2
130.2
116.9
Mar-17
169.5
97.4
69.1
128.9
103.6
146.2
131.8
147.9
132.5
Apr-17
103.1
92.6
63.5
116.0
89.0
134.1
122.3
150.6
118.7
May-17
111.8
97.6
69.7
125.4
98.3
142.9
128.6
158.1
126.8
Jun-17
107.6
94.1
69.3
119.4
106.3
137.8
127.9
147.4
121.4
Jul-17
98.5
96.4
72.2
119.3
108.6
131.0
118.7
151.8
120.1
Aug-17
101.2
95.1
69.5
121.6
115.4
140.1
115.0
158.3
123.6


Growth Rates (in %)
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-16
-9.7
-3.9
-5.9
2.5
2.5
16.7
3.1
2.2
3.1
Sep-16
-6.7
-4.1
-5.9
6.9
0.3
16.1
6.7
5.1
5.3
Oct-16
-1.9
-3.2
-1.5
12.6
0.7
17.4
6.2
3.0
7.1
Nov-16
6.1
-5.4
-2.1
-0.7
4.2
5.4
0.5
9.5
3.2
Dec-16
3.6
-0.8
-0.4
5.4
-2.9
15.9
-8.7
6.4
5.6
Jan-17
3.5
1.3
11.6
0.0
-1.2
11.3
-13.3
5.2
3.4
Feb-17
6.6
-3.4
-2.1
-2.8
-4.0
8.7
-15.8
1.2
0.6
Mar-17
10.6
0.9
9.6
2.0
-3.0
11.0
-6.8
6.2
5.2
Apr-17
-3.3
-0.6
2.0
0.2
6.2
9.0
-5.2
5.3
2.6
May-17
-3.2
0.7
4.5
5.4
-5.9
3.8
-1.4
8.2
3.9
Jun-17
-6.7
0.6
6.4
-0.2
-3.6
5.8
-6.3
2.2
0.8
Jul-17
0.6
-0.5
6.6
-2.7
0.2
9.2
-2.0
6.5
2.6
Aug-17
15.3
-1.6
4.2
2.4
-0.7
3.0
-1.3
10.3
4.9
***
NW



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