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



Index of Eight Core Industries (Base: 2011-12=100) February, 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 123.1 in February, 2018, which was 5.3 per cent higher as compared to the index of February, 2017. Its cumulative growth during April to February, 2017-18 was 4.3 per cent.


Coal

3.       Coal production (weight: 10.33 per cent) increased by 1.4 per cent in February, 2018 over February, 2017. Its cumulative index increased by 1.6 per cent during April to February, 2017-18 over corresponding period of the previous year.

Crude Oil

4.       Crude Oil production (weight: 8.98 per cent) declined by 2.4 per cent in February, 2018 over February, 2017. Its cumulative index declined by 0.8 per cent during April to February, 2017-18 over the corresponding period of previous year.

Natural Gas

5.       The Natural Gas production (weight: 6.88 per cent) declined by 1.5 per cent in February, 2018 over February, 2017. Its cumulative index increased by 3.1 per cent during April to February, 2017-18 over the corresponding period of previous year.



Refinery Products

6.       Petroleum Refinery production (weight: 28.04 per cent) increased by 7.8 per cent in February, 2018 over February, 2017. Its cumulative index increased by 4.9 per cent during April to February, 2017-18 over the corresponding period of previous year.

Fertilizers

7.       Fertilizers production (weight: 2.63 per cent) increased by 5.3 per cent in February, 2018 over February, 2017. Its cumulative index declined by 0.2 per cent during April to February, 2017-18 over the corresponding period of previous year.

Steel

8.       Steel production (weight: 17.92 per cent) increased by 5.0 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.9 per cent during April to February, 2017-18 over the corresponding period of previous year.

Cement

9.       Cement production (weight: 5.37 per cent) increased by 22.9 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.7 per cent during April to February, 2017-18 over the corresponding period of previous year.

Electricity

10.     Electricity generation (weight: 19.85 per cent) increased by 4.0 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.2 per cent during April to February, 2017-18 over the corresponding period of previous year.

Note 1: Data for December, 2017, January, 2018 and February, 2018 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 March, 2018 will be on Tuesday, 1st May, 2018.

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate
Base Year: 2011-12=100



Index

Note 4: Release of the index for March, 2018 will be on Tuesday, 1st May, 2018.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100

Index
Sector
Weight
2016-17
Apr-Feb 2016-17
Apr-Feb 2017-18
Coal
10.3335
121.8
117.4
119.3
Crude Oil
8.9833
94.5
94.3
93.5
Natural Gas
6.8768
66.5
66.3
68.3
Refinery Products
28.0376
119.7
118.9
124.7
Fertilizers
2.6276
106.6
106.8
106.6
Steel
17.9166
133.1
131.9
139.6
Cement
5.3720
122.0
121.1
128.0
Electricity
19.8530
141.6
141.1
148.4
Overall Index
100.0000
120.5
119.4
124.6

Growth Rates (in per cent)
Sector
Weight
2016-17
Apr-Feb 2016-17
Apr-Feb 2017-18
Coal
10.3335
3.2
2.3
1.6
Crude Oil
8.9833
-2.5
-2.8
-0.8
Natural Gas
6.8768
-1.0
-1.9
3.1
Refinery Products
28.0376
4.9
5.2
4.9
Fertilizers
2.6276
0.2
0.5
-0.2
Steel
17.9166
10.7
10.7
5.9
Cement
5.3720
-1.2
-0.6
5.7
Electricity
19.8530
5.8
5.8
5.2
Overall Index
100.0000
4.8
4.7
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
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
146.7
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
141.9
94.2
69.2
133.1
112.1
140.9
136.7
143.9
129.3
Jan-18
148.7
93.8
67.7
135.4
105.5
145.0
140.6
149.5
132.4
Feb-18
143.5
86.1
62.3
120.9
102.3
141.7
137.9
135.4
123.1

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
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
8.6
-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
-0.1
-2.1
1.2
6.6
3.0
2.5
18.8
4.4
4.2
Jan-18
3.2
-3.2
-1.0
11.0
-1.6
1.7
19.6
7.7
6.1
Feb-18
1.4
-2.4
-1.5
7.8
5.3
5.0
22.9
4.0
5.3




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