Index of Eight Core Industries (Base: 2011-12=100) November, 2017




Index of Eight Core Industries (Base: 2011-12=100) November, 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 per cent of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 123.9 in November, 2017, which was 6.8 per cent higher as compared to the index of November, 2016. Its cumulative growth during April to November, 2017-18 was 3.9 per cent.

Coal
          Coal production (weight: 10.33 per cent) declined by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 1.5 per cent during April to November, 2017-18 over corresponding period of the previous year.
Crude Oil
          Crude Oil production (weight: 8.98 per cent) increased by 0.2 per cent in November2017 over November, 2016. Its cumulative index declined by 0.2 per cent during April to November, 2017-18 over the corresponding period of previous year.
Natural Gas
          The Natural Gas production (weight: 6.88 per cent) increased by 2.4 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.4 per cent during April to November, 2017-18 over the corresponding period of previous year.

Refinery Products
          Petroleum Refinery production (weight: 28.04 per cent) increased by 8.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 3.6 per cent during April to November, 2017-18 over the corresponding period of previous year.
Fertilizers
          Fertilizer production (weight: 2.63 per cent) increased by 0.3 per cent in November, 2017 over November, 2016. Its cumulative index declined by 1.1 per cent during April to November, 2017-18 over the corresponding period of previous year.
Steel
          Steel production (weight: 17.92 per cent) increased by 16.6 per cent in November2017 over November, 2016. Its cumulative index increased by 7.2 per cent during April to November, 2017-18 over the corresponding period of previous year.
Cement
          Cement production (weight: 5.37 per cent) increased by 17.3 per cent in November, 2017 over November, 2016. Its cumulative index increased by 0.6 per cent during April to November, 2017-18 over the corresponding period of previous year.
Electricity
          Electricity generation (weight: 19.85 per cent) increased by 1.9 per cent in November2017 over November, 2016. Its cumulative index increased by 4.9 per cent during April to November, 2017-18 over the corresponding period of previous year.
Note 1: Data for September, 2017, October, 2017and November, 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 December, 2017 will be on Wednesday, 31stJanuary, 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-Nov 2016-17
Apr-Nov 2017-18
Coal
10.3335
103.2
104.2
112.6
118.0
121.8
108.0
109.6
Crude Oil
8.9833
99.4
99.2
98.4
97.0
94.5
94.5
94.3
Natural Gas
6.8768
85.6
74.5
70.5
67.2
66.5
66.1
69.1
Refinery Products
28.0376
107.2
108.6
108.8
114.1
119.7
118.6
122.8
Fertilizers
2.6276
96.7
98.1
99.4
106.4
106.6
107.8
106.6
Steel
17.9166
107.9
115.8
121.7
120.2
133.1
129.5
138.8
Cement
5.3720
107.5
111.5
118.1
123.5
122.0
123.4
124.2
Electricity
19.8530
104.0
110.3
126.6
133.8
141.6
143.1
150.1
Overall Index
100.0000
103.8
106.5
111.7
115.1
120.5
118.5
123.1


Growth Rates (in per cent)
Sector
Weight
2012-13
2013-14
2014-15
2015-16
2016-17
Apr-Nov 2016-17
Apr-Nov 2017-18
Coal
10.3335
3.2
1.0
8.0
4.8
3.2
1.2
1.5
Crude Oil
8.9833
-0.6
-0.2
-0.9
-1.4
-2.5
-3.5
-0.2
Natural Gas
6.8768
-14.4
-12.9
-5.3
-4.7
-1.0
-3.6
4.4
Refinery Products
28.0376
7.2
1.4
0.2
4.9
4.9
6.9
3.6
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
10.2
7.2
Cement
5.3720
7.5
3.7
5.9
4.6
-1.2
4.4
0.6
Electricity
19.8530
4.0
6.1
14.8
5.7
5.8
6.4
4.9
Overall Index
100.0000
3.8
2.6
4.9
3.0
4.8
5.3
3.9


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
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
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
146.5
125.2
149.8
128.6
Nov-17
132.2
90.8
68.5
126.0
111.8
140.1
125.9
137.4
123.9



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
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
-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
8.4
-1.3
3.2
5.0
Nov-17
-0.2
0.2
2.4
8.2
0.3
16.6
17.3
1.9
6.8


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