Index of Eight Core Industries (Base: 2011-12=100) April, 2019
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 stood at 127.5 in April, 2019, which was 2.6 per cent higher as compared to the index of April, 2018. Its cumulative growth during April to March, 2018-19 was 4.3 per cent.
Coal
3. Coal production (weight: 10.33 per cent) increased by 2.8 per cent in April, 2019 over April, 2018. Its cumulative index increased by 7.4 per cent during April to March, 2018-19 over corresponding period of the previous year.
Crude Oil
4. Crude Oil production (weight: 8.98 per cent) declined by 6.9 per cent in April, 2019 over April, 2018. Its cumulative index declined by 4.1 per cent during April to March, 2018-19 over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production (weight: 6.88 per cent) declined by 0.8 per cent in April, 2019 over April, 2018. Its cumulative index increased by 0.8 per cent during April to March, 2018-19 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production (weight: 28.04 per cent) increased by 4.3 per cent in April, 2019 over April, 2018. Its cumulative index increased by 3.1 per cent during April to March, 2018-19 over the corresponding period of previous year.
Fertilizers
7. Fertilizers production (weight: 2.63 per cent) declined by 4.4 per cent in April, 2019 over April, 2018. Its cumulative index increased by 0.3 per cent during April to March, 2018-19 over the corresponding period of previous year.
Steel
8. Steel production (weight: 17.92 per cent) increased by 1.5 per cent in April, 2019 over April, 2018. Its cumulative index increased by 4.7 per cent during April to March, 2018-19 over the corresponding period of previous year.
Cement
9. Cement production (weight: 5.37 per cent) increased by 0.8 per cent in April, 2019 over April, 2018. Its cumulative index increased by 13.3 per cent during April to March, 2018-19 over the corresponding period of previous year.
Electricity
10. Electricity generation (weight: 19.85 per cent) increased by 5.8 per cent in April, 2019 over April, 2018. Its cumulative index increased by 5.2 per cent during April to March, 2018-19 over the corresponding period of previous year.
Note 1: Data for February, 2019, March, 2019 and April, 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: Release of the index for May, 2019 will be on Monday, 01st July, 2019.
MM/ SB
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 stood at 127.5 in April, 2019, which was 2.6 per cent higher as compared to the index of April, 2018. Its cumulative growth during April to March, 2018-19 was 4.3 per cent.
Coal
3. Coal production (weight: 10.33 per cent) increased by 2.8 per cent in April, 2019 over April, 2018. Its cumulative index increased by 7.4 per cent during April to March, 2018-19 over corresponding period of the previous year.
Crude Oil
4. Crude Oil production (weight: 8.98 per cent) declined by 6.9 per cent in April, 2019 over April, 2018. Its cumulative index declined by 4.1 per cent during April to March, 2018-19 over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production (weight: 6.88 per cent) declined by 0.8 per cent in April, 2019 over April, 2018. Its cumulative index increased by 0.8 per cent during April to March, 2018-19 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production (weight: 28.04 per cent) increased by 4.3 per cent in April, 2019 over April, 2018. Its cumulative index increased by 3.1 per cent during April to March, 2018-19 over the corresponding period of previous year.
Fertilizers
7. Fertilizers production (weight: 2.63 per cent) declined by 4.4 per cent in April, 2019 over April, 2018. Its cumulative index increased by 0.3 per cent during April to March, 2018-19 over the corresponding period of previous year.
Steel
8. Steel production (weight: 17.92 per cent) increased by 1.5 per cent in April, 2019 over April, 2018. Its cumulative index increased by 4.7 per cent during April to March, 2018-19 over the corresponding period of previous year.
Cement
9. Cement production (weight: 5.37 per cent) increased by 0.8 per cent in April, 2019 over April, 2018. Its cumulative index increased by 13.3 per cent during April to March, 2018-19 over the corresponding period of previous year.
Electricity
10. Electricity generation (weight: 19.85 per cent) increased by 5.8 per cent in April, 2019 over April, 2018. Its cumulative index increased by 5.2 per cent during April to March, 2018-19 over the corresponding period of previous year.
Note 1: Data for February, 2019, March, 2019 and April, 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: Release of the index for May, 2019 will be on Monday, 01st July, 2019.
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
|
2018-19
|
Coal |
10.3335
|
103.2
|
104.2
|
112.6
|
118.0
|
121.8
|
124.9
|
134.1
|
Crude Oil |
8.9833
|
99.4
|
99.2
|
98.4
|
97.0
|
94.5
|
93.7
|
89.8
|
Natural Gas |
6.8768
|
85.6
|
74.5
|
70.5
|
67.2
|
66.5
|
68.4
|
69.0
|
Refinery Products |
28.0376
|
107.2
|
108.6
|
108.8
|
114.1
|
119.7
|
125.2
|
129.1
|
Fertilizers |
2.6276
|
96.7
|
98.1
|
99.4
|
106.4
|
106.6
|
106.6
|
107.0
|
Steel |
17.9166
|
107.9
|
115.8
|
121.7
|
120.2
|
133.1
|
140.5
|
147.1
|
Cement |
5.3720
|
107.5
|
111.5
|
118.1
|
123.5
|
122.0
|
129.7
|
147.0
|
Electricity |
19.8530
|
104.0
|
110.3
|
126.6
|
133.8
|
141.6
|
149.2
|
156.9
|
Overall Index |
100.0000
|
103.8
|
106.5
|
111.7
|
115.1
|
120.5
|
125.7
|
131.1
|
Growth Rates (in per cent)
Sector |
Weight
|
2012-13
|
2013-14
|
2014-15
|
2015-16
|
2016-17
|
2017-18
|
2018-19
|
Coal |
10.3335
|
3.2
|
1.0
|
8.0
|
4.8
|
3.2
|
2.6
|
7.4
|
Crude Oil |
8.9833
|
-0.6
|
-0.2
|
-0.9
|
-1.4
|
-2.5
|
-0.9
|
-4.1
|
Natural Gas |
6.8768
|
-14.4
|
-12.9
|
-5.3
|
-4.7
|
-1.0
|
2.9
|
0.8
|
Refinery Products |
28.0376
|
7.2
|
1.4
|
0.2
|
4.9
|
4.9
|
4.6
|
3.1
|
Fertilizers |
2.6276
|
-3.3
|
1.5
|
1.3
|
7.0
|
0.2
|
0.03
|
0.3
|
Steel |
17.9166
|
7.9
|
7.3
|
5.1
|
-1.3
|
10.7
|
5.6
|
4.7
|
Cement |
5.3720
|
7.5
|
3.7
|
5.9
|
4.6
|
-1.2
|
6.3
|
13.3
|
Electricity |
19.8530
|
4.0
|
6.1
|
14.8
|
5.7
|
5.8
|
5.3
|
5.2
|
Overall Index |
100.0000
|
3.8
|
2.6
|
4.9
|
3.0
|
4.8
|
4.3
|
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
|
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
|
120.0
|
90.9
|
67.4
|
133.8
|
108.3
|
143.8
|
150.7
|
159.9
|
131.2
|
Jul-18
|
108.1
|
91.2
|
68.5
|
134.1
|
110.0
|
140.3
|
136.0
|
162.1
|
129.2
|
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
|
163.4
|
173.2
|
160.1
|
145.2
|
Apr-19
|
122.1
|
85.5
|
66.6
|
124.3
|
89.0
|
140.1
|
150.2
|
162.6
|
127.5
|
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
|
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
|
11.5
|
-3.4
|
-2.7
|
12.1
|
1.0
|
4.2
|
14.2
|
8.4
|
7.8
|
Jul-18
|
9.8
|
-5.4
|
-5.2
|
12.3
|
1.3
|
6.9
|
11.2
|
6.7
|
7.3
|
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
|
6.7
|
15.7
|
2.1
|
4.9
|
Apr-19
|
2.8
|
-6.9
|
-0.8
|
4.3
|
-4.4
|
1.5
|
0.8
|
5.8
|
2.6
|
***
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