Ministry of Commerce & Industry02-April, 2018 17:00 IST
Index of Eight Core Industries (Base: 2011-12=100) February, 2018
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 123.1 in February, 2018, which was 5.3 per cent higher as compared to the index of February, 2017. Its cumulative growth during April to February, 2017-18 was 4.3 per cent.
Coal
3. Coal production (weight: 10.33 per cent) increased by 1.4 per cent in February, 2018 over February, 2017. Its cumulative index increased by 1.6 per cent during April to February, 2017-18 over corresponding period of the previous year.
Crude Oil
4. Crude Oil production (weight: 8.98 per cent) declined by 2.4 per cent in February, 2018 over February, 2017. Its cumulative index declined by 0.8 per cent during April to February, 2017-18 over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production (weight: 6.88 per cent) declined by 1.5 per cent in February, 2018 over February, 2017. Its cumulative index increased by 3.1 per cent during April to February, 2017-18 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production (weight: 28.04 per cent) increased by 7.8 per cent in February, 2018 over February, 2017. Its cumulative index increased by 4.9 per cent during April to February, 2017-18 over the corresponding period of previous year.
Fertilizers
7. Fertilizers production (weight: 2.63 per cent) increased by 5.3 per cent in February, 2018 over February, 2017. Its cumulative index declined by 0.2 per cent during April to February, 2017-18 over the corresponding period of previous year.
Steel
8. Steel production (weight: 17.92 per cent) increased by 5.0 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.9 per cent during April to February, 2017-18 over the corresponding period of previous year.
Cement
9. Cement production (weight: 5.37 per cent) increased by 22.9 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.7 per cent during April to February, 2017-18 over the corresponding period of previous year.
Electricity
10. Electricity generation (weight: 19.85 per cent) increased by 4.0 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.2 per cent during April to February, 2017-18 over the corresponding period of previous year.
Note 1: Data for December, 2017, January, 2018 and February, 2018 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 March, 2018 will be on Tuesday, 1st May, 2018.
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 123.1 in February, 2018, which was 5.3 per cent higher as compared to the index of February, 2017. Its cumulative growth during April to February, 2017-18 was 4.3 per cent.
Coal
3. Coal production (weight: 10.33 per cent) increased by 1.4 per cent in February, 2018 over February, 2017. Its cumulative index increased by 1.6 per cent during April to February, 2017-18 over corresponding period of the previous year.
Crude Oil
4. Crude Oil production (weight: 8.98 per cent) declined by 2.4 per cent in February, 2018 over February, 2017. Its cumulative index declined by 0.8 per cent during April to February, 2017-18 over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production (weight: 6.88 per cent) declined by 1.5 per cent in February, 2018 over February, 2017. Its cumulative index increased by 3.1 per cent during April to February, 2017-18 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production (weight: 28.04 per cent) increased by 7.8 per cent in February, 2018 over February, 2017. Its cumulative index increased by 4.9 per cent during April to February, 2017-18 over the corresponding period of previous year.
Fertilizers
7. Fertilizers production (weight: 2.63 per cent) increased by 5.3 per cent in February, 2018 over February, 2017. Its cumulative index declined by 0.2 per cent during April to February, 2017-18 over the corresponding period of previous year.
Steel
8. Steel production (weight: 17.92 per cent) increased by 5.0 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.9 per cent during April to February, 2017-18 over the corresponding period of previous year.
Cement
9. Cement production (weight: 5.37 per cent) increased by 22.9 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.7 per cent during April to February, 2017-18 over the corresponding period of previous year.
Electricity
10. Electricity generation (weight: 19.85 per cent) increased by 4.0 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.2 per cent during April to February, 2017-18 over the corresponding period of previous year.
Note 1: Data for December, 2017, January, 2018 and February, 2018 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 March, 2018 will be on Tuesday, 1st May, 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
|
Apr-Feb 2016-17
|
Apr-Feb 2017-18
|
| Coal |
10.3335
|
103.2
|
104.2
|
112.6
|
118.0
|
121.8
|
117.4
|
119.3
|
| Crude Oil |
8.9833
|
99.4
|
99.2
|
98.4
|
97.0
|
94.5
|
94.3
|
93.5
|
| Natural Gas |
6.8768
|
85.6
|
74.5
|
70.5
|
67.2
|
66.5
|
66.3
|
68.3
|
| Refinery Products |
28.0376
|
107.2
|
108.6
|
108.8
|
114.1
|
119.7
|
118.9
|
124.7
|
| Fertilizers |
2.6276
|
96.7
|
98.1
|
99.4
|
106.4
|
106.6
|
106.8
|
106.6
|
| Steel |
17.9166
|
107.9
|
115.8
|
121.7
|
120.2
|
133.1
|
131.9
|
139.6
|
| Cement |
5.3720
|
107.5
|
111.5
|
118.1
|
123.5
|
122.0
|
121.1
|
128.0
|
| Electricity |
19.8530
|
104.0
|
110.3
|
126.6
|
133.8
|
141.6
|
141.1
|
148.4
|
| Overall Index |
100.0000
|
103.8
|
106.5
|
111.7
|
115.1
|
120.5
|
119.4
|
124.6
|
Growth Rates (in per cent)
| Sector |
Weight
|
2012-13
|
2013-14
|
2014-15
|
2015-16
|
2016-17
|
Apr-Feb 2016-17
|
Apr-Feb 2017-18
|
| Coal |
10.3335
|
3.2
|
1.0
|
8.0
|
4.8
|
3.2
|
2.3
|
1.6
|
| Crude Oil |
8.9833
|
-0.6
|
-0.2
|
-0.9
|
-1.4
|
-2.5
|
-2.8
|
-0.8
|
| Natural Gas |
6.8768
|
-14.4
|
-12.9
|
-5.3
|
-4.7
|
-1.0
|
-1.9
|
3.1
|
| Refinery Products |
28.0376
|
7.2
|
1.4
|
0.2
|
4.9
|
4.9
|
5.2
|
4.9
|
| Fertilizers |
2.6276
|
-3.3
|
1.5
|
1.3
|
7.0
|
0.2
|
0.5
|
-0.2
|
| Steel |
17.9166
|
7.9
|
7.3
|
5.1
|
-1.3
|
10.7
|
10.7
|
5.9
|
| Cement |
5.3720
|
7.5
|
3.7
|
5.9
|
4.6
|
-1.2
|
-0.6
|
5.7
|
| Electricity |
19.8530
|
4.0
|
6.1
|
14.8
|
5.7
|
5.8
|
5.8
|
5.2
|
| Overall Index |
100.0000
|
3.8
|
2.6
|
4.9
|
3.0
|
4.8
|
4.7
|
4.3
|
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
|
| 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
|
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 |
141.9
|
94.2
|
69.2
|
133.1
|
112.1
|
140.9
|
136.7
|
143.9
|
129.3
|
| Jan-18 |
148.7
|
93.8
|
67.7
|
135.4
|
105.5
|
145.0
|
140.6
|
149.5
|
132.4
|
| Feb-18 |
143.5
|
86.1
|
62.3
|
120.9
|
102.3
|
141.7
|
137.9
|
135.4
|
123.1
|
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
|
| 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
|
-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 |
-0.1
|
-2.1
|
1.2
|
6.6
|
3.0
|
2.5
|
18.8
|
4.4
|
4.2
|
| Jan-18 |
3.2
|
-3.2
|
-1.0
|
11.0
|
-1.6
|
1.7
|
19.6
|
7.7
|
6.1
|
| Feb-18 |
1.4
|
-2.4
|
-1.5
|
7.8
|
5.3
|
5.0
|
22.9
|
4.0
|
5.3
|
*****
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