Index of Eight Core Industries (Base: 2011-12=100) September, 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 stood at 127.2 in September, 2018, which was 4.3per centhigheras compared to the index of September, 2017. Its cumulative growth during April to September, 2018-19was 5.5per cent.

Coal

3.       Coal production (weight: 10.33per cent)increased by 6.4 per cent in September, 2018 over September, 2017. Its cumulative index increased by 9.6 per centduring April to September, 2018-19over corresponding period of the previous year.

Crude Oil

4.       Crude Oil production (weight: 8.98per cent) declinedby 4.2 per cent in September, 2018 over September, 2017. Its cumulative index declined by 3.4 per centduring April to September, 2018-19over the corresponding period of previous year.

Natural Gas

5.       The Natural Gas production (weight: 6.88per cent) declined by 1.8per cent in September, 2018 over September, 2017. Its cumulative index declined by 0.8 per centduring April to September, 2018-19 over the corresponding period of previous year.

Refinery Products

6.       Petroleum Refinery production (weight: 28.04per cent) increased by 2.5 per cent in September, 2018 over September, 2017. Its cumulative index increased by 6.6 per centduring April to September, 2018-19over the corresponding period of previous year.

Fertilizers

7.       Fertilizers production (weight: 2.63 per cent) increased by 2.5 per cent in September, 2018 over September, 2017. Its cumulative index increased by 1.8 per centduring April to September, 2018-19 over the corresponding period of previous year.

Steel

8.       Steel production (weight: 17.92per cent)increasedby 3.2 per cent in September, 2018 over September, 2017. Its cumulative index increased by 3.5per centduring April to September, 2018-19 over the corresponding period of previous year.

Cement

9.       Cement production (weight: 5.37per cent) increasedby 11.8per cent in September, 2018over September, 2017. Its cumulative index increased by 14.4per centduring April to September, 2018-19over the corresponding period of previous year.

Electricity

10.     Electricity generation (weight: 19.85per cent) increased by8.2per centin September, 2018over September, 2017. Its cumulative indexincreased by6.2per cent duringApril to September, 2018-19over the corresponding period of previous year.

Note 1: Data for July, 2018, August, 2018 and September, 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 October, 2018 will be on Friday, 30th November, 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

2017-18

Apr-Sep 2017-18

Apr-Sep 2018-19

Coal

10.3335

103.2

104.2

112.6

118.0

121.8

124.9

104.2

114.3

Crude Oil

8.9833

99.4

99.2

98.4

97.0

94.5

93.7

94.6

91.4

Natural Gas

6.8768

85.6

74.5

70.5

67.2

66.5

68.4

68.8

68.2

Refinery Products

28.0376

107.2

108.6

108.8

114.1

119.7

125.2

120.8

128.7

Fertilizers

2.6276

96.7

98.1

99.4

106.4

106.6

106.6

104.0

105.9

Steel

17.9166

107.9

115.8

121.7

120.2

133.1

140.5

137.3

142.1

Cement

5.3720

107.5

111.5

118.1

123.5

122.0

129.7

123.7

141.6

Electricity

19.8530

104.0

110.3

126.6

133.8

141.6

149.2

152.3

161.7

Overall Index

100.0000

103.8

106.5

111.7

115.1

120.5

125.7

122.1

128.8

 

Growth Rates(in per cent)

Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

Apr-Sep 2017-18

Apr-Sep 2018-19

Coal

10.3335

3.2

1.0

8.0

4.8

3.2

2.6

1.4

9.6

Crude Oil

8.9833

-0.6

-0.2

-0.9

-1.4

-2.5

-0.9

-0.2

-3.4

Natural Gas

6.8768

-14.4

-12.9

-5.3

-4.7

-1.0

2.9

5.0

-0.8

Refinery Products

28.0376

7.2

1.4

0.2

4.9

4.9

4.6

2.1

6.6

Fertilizers

2.6276

-3.3

1.5

1.3

7.0

0.2

0.03

-2.1

1.8

Steel

17.9166

7.9

7.3

5.1

-1.3

10.7

5.6

5.6

3.5

Cement

5.3720

7.5

3.7

5.9

4.6

-1.2

6.3

-1.4

14.4

Electricity

19.8530

4.0

6.1

14.8

5.7

5.8

5.3

5.7

6.2

Overall Index

100.0000

3.8

2.6

4.9

3.0

4.8

4.3

3.2

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

Steel

Cement

Electricity

Overall Index

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

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

142.6

94.2

69.2

133.1

112.1

138.0

135.3

143.9

128.8

Jan-18

149.5

93.8

67.6

135.4

105.5

145.0

140.6

149.5

132.5

Feb-18

143.2

86.1

62.1

120.9

102.2

141.7

138.0

136.1

123.2

Mar-18

184.9

95.8

69.8

130.3

107.0

153.2

149.6

156.7

138.5

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

135.9

162.1

129.2

Aug-18

103.8

91.6

70.2

127.7

109.4

144.5

134.6

167.2

128.8

Sep-18

109.8

88.1

67.5

125.8

108.0

143.2

134.0

162.9

127.2

 

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

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

11.5

-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

11.1

6.7

7.3

Aug-18

2.4

-3.7

1.0

5.1

-5.3

4.0

14.7

7.6

4.7

Sep-18

6.4

-4.2

-1.8

2.5

2.5

3.2

11.8

8.2

4.3

 

***

MM/SB

 

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