Index of Eight Core Industries (Base: 2011-12=100) August, 2018





Index of Eight Core Industries (Base: 2011-12=100) August, 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 128.1 in August, 2018, which was 4.2per centhigheras compared to the index of August, 2017. Its cumulative growth during April to August, 2018-19was 5.5per cent.

Coal
3.       Coal production (weight: 10.33per cent)increased by 2.4 per cent in August, 2018 over August, 2017. Its cumulative index increased by 10.3 per centduring April to August, 2018-19over corresponding period of the previous year.
Crude Oil
4.       Crude Oil production (weight: 8.98per cent) declinedby 3.7 per cent in August, 2018 over August, 2017. Its cumulative index declined by 3.3 per centduring April to August, 2018-19over the corresponding period of previous year.
Natural Gas
5.       The Natural Gas production (weight: 6.88per cent) increased by 1.1per cent in August, 2018 over August, 2017. Its cumulative index declined by 0.6 per centduring April to August, 2018-19 over the corresponding period of previous year.

Refinery Products
6.       Petroleum Refinery production (weight: 28.04per cent) increased by 5.1 per cent in August, 2018 over August, 2017. Its cumulative index increased by 7.4 per centduring April to August, 2018-19over the corresponding period of previous year.
Fertilizers
7.       Fertilizers production (weight: 2.63 per cent) declined by 5.3 per cent in August, 2018 over August, 2017. Its cumulative index increased by 1.7 per centduring April to August, 2018-19 over the corresponding period of previous year.
Steel
8.       Steel production (weight: 17.92per cent)increasedby 3.9 per cent in August, 2018 over August, 2017. Its cumulative index increased by 3.4per centduring Aprilto August, 2018-19 over the corresponding period of previous year.
Cement
9.       Cement production (weight: 5.37per cent) increasedby 14.3per cent in August, 2018over August, 2017. Its cumulative index increased by 14.7per centduring April to August, 2018-19 over the corresponding period of previous year.
Electricity
10.     Electricity generation (weight: 19.85per cent) increased by5.4per centin August, 2018over August, 2017. Its cumulative indexincreased by5.3 per cent during April to August, 2018-19over the corresponding period of previous year.
Note 1: Data for June, 2018, July, 2018 and August, 2018are 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, 2018 will be on Wednesday, 31stOctober, 2018.

Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100

Index


Sector
Weight
2016-17
2017-18
Apr-Aug 2017-18
Apr-Aug 2018-19
Coal
10.3335
121.8
124.9
104.5
115.3
Crude Oil
8.9833
94.5
93.7
95.2
92.1
Natural Gas
6.8768
66.5
68.4
68.8
68.4
Refinery Products
28.0376
119.7
125.2
120.4
129.3
Fertilizers
2.6276
106.6
106.6
103.7
105.5
Steel
17.9166
133.1
140.5
137.1
141.7
Cement
5.3720
122.0
129.7
124.5
142.8
Electricity
19.8530
141.6
149.2
152.7
160.8
Overall Index
100.0000
120.5
125.7
122.1
128.9



Growth Rates(in per cent)
Sector
Weight
2016-17
2017-18
Apr-Aug 2017-18
Apr-Aug 2018-19
Coal
10.3335
3.2
2.6
-0.2
10.3
Crude Oil
8.9833
-2.5
-0.9
-0.3
-3.3
Natural Gas
6.8768
-1.0
2.9
4.8
-0.6
Refinery Products
28.0376
4.9
4.6
1.0
7.4
Fertilizers
2.6276
0.2
0.03
-0.9
1.7
Steel
17.9166
10.7
5.6
6.0
3.4
Cement
5.3720
-1.2
6.3
-1.7
14.7
Electricity
19.8530
5.8
5.3
6.1
5.3
Overall Index
100.0000
4.8
4.3
3.0
5.5


Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Weight
10.3335
8.9833
6.8768
28.0376
2.6276
Aug-17
101.3
95.1
69.5
121.6
115.4
Sep-17
103.1
92.0
68.8
122.7
105.3
Oct-17
119.4
95.7
71.0
132.1
116.8
Nov-17
133.5
90.8
68.5
126.0
111.8
Dec-17
142.6
94.2
69.2
133.1
112.1
Jan-18
149.5
93.8
67.6
135.4
105.5
Feb-18
143.2
86.1
62.1
120.9
102.2
Mar-18
184.9
95.8
69.8
130.3
107.0
Apr-18
118.8
91.8
67.1
119.1
93.1
May-18
125.2
94.8
68.7
131.6
106.6
Jun-18
120.3
90.9
67.4
133.8
108.3
Jul-18
108.1
91.2
68.5
134.1
110.0
Aug-18
103.8
91.6
70.2
127.7
109.4

Sector
Steel
Cement
Electricity
Overall Index
Weight
17.9166
5.3720
19.8530
100.0000
Aug-17
139.0
117.3
155.4
123.0
Sep-17
138.7
119.8
150.5
122.0
Oct-17
146.7
125.2
149.8
128.7
Nov-17
137.5
125.4
140.1
124.1
Dec-17
138.0
135.3
143.9
128.8
Jan-18
145.0
140.6
149.5
132.5
Feb-18
141.7
138.0
136.1
123.2
Mar-18
153.2
149.6
156.7
138.5
Apr-18
138.1
149.1
153.7
124.3
May-18
142.8
145.3
164.7
131.9
Jun-18
142.7
149.5
159.9
131.0
Jul-18
140.3
135.9
162.1
129.2
Aug-18
144.5
134.2
163.8
128.1


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
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
0.4
-2.1
1.1
6.6
3.0
0.4
17.7
4.4
3.8
Jan-18
3.8
-3.2
-1.2
11.0
-1.6
1.7
19.6
7.7
6.2
Feb-18
1.3
-2.4
-1.8
7.8
5.2
5.0
23.0
4.6
5.4
Mar-18
9.1
-1.6
1.0
1.1
3.2
4.7
13.5
6.0
4.5
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
11.8
-3.4
-2.7
12.1
1.0
3.4
13.2
8.4
7.6
Jul-18
9.8
-5.4
-5.2
12.3
1.3
6.9
11.1
6.7
7.3
Aug-18
2.4
-3.7
1.1
5.1
-5.3
3.9
14.3
5.4
4.2




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