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 August, 2017 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 August, 2017 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 August, 2017 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
|
***
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