Index of Eight Core Industries (Base: 2004-05=100) October, 2016 was 6.6 per cent higher on year-on-year basis
- Press Information Bureau
- December 1, 2016
New Delhi: The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.
The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 188.1 in October, 2016, which was 6.6 % higher compared to the index of October, 2015. Its cumulative growth during April to October, 2016-17 was 4.9 %.
Coal
Coal production (weight: 4.38 %) declined by 1.6 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 0.7 % over corresponding period of previous year.
Crude Oil
Crude Oil production (weight: 5.22 %) declined by 3.2 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 declined by 3.3 % over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 1.71 %) declined by 1.4 % in October, 2016 over October, 2015. Its cumulative indexduring April to October, 2016-17 declined by 4.0 % over the corresponding period of previous year.
Refinery Products (93% of Crude Throughput)
Petroleum Refinery production (weight: 5.94%) increased by 15.1 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 8.9 % over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 1.25%) increased by 0.8 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 4.8 % over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) increased by 16.9 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 8.5 % over the corresponding period of previous year.
Cement
Cement production (weight: 2.41%) increased by 6.2 % in October, 2016 over October, 2015. Its cumulative index duringApril to October, 2016-17 increased by 4.8 % over the corresponding period of previous year.
Electricity
Electricity generation (weight: 10.32%) increased by 2.8 % in October, 2016 over October, 2015. Its cumulative indexduring April to October, 2016-17 increased by 4.7 % over the corresponding period of previous year.
Note 1: Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Fertilizer, Steel, Cement and Electricity. Accordingly, indices for the month of October, 2015 have been revised.
Note 2: Since October, 2016, Electricity generation data from Renewable sources is also included.
Note 3: Release of the index for November, 2016 will be on Monday, 2nd January, 2017.
Annexure
Performance of Eight Core Industries Yearly Index & Growth Rate Base Year: 2004-05=100
INDEX
|
Sector |
Weight |
2011-12 |
2012-13 |
2013-14 |
2014-15 |
2015-16 |
Apr-Oct 2015-16 |
Apr-Oct 2016-17 |
|
Coal |
4.379 |
141.5 |
148.1 |
150.0 |
162.2 |
169.7 |
149.3 |
150.4 |
|
Crude Oil |
5.216 |
112.1 |
111.4 |
111.2 |
110.2 |
108.7 |
110.1 |
106.5 |
|
Natural Gas |
1.708 |
149.7 |
128.1 |
111.5 |
106.0 |
101.5 |
103.9 |
99.7 |
|
Refinery Products |
5.939 |
133.7 |
172.5 |
175.0 |
175.6 |
182.3 |
176.5 |
192.2 |
|
Fertilizers |
1.254 |
103.8 |
100.2 |
101.8 |
101.7 |
114.0 |
110.9 |
116.2 |
|
Steel |
6.684 |
174.0 |
181.1 |
201.9 |
211.4 |
208.3 |
208.9 |
226.8 |
|
Cement |
2.406 |
175.2 |
188.7 |
194.5 |
205.3 |
215.1 |
209.1 |
219.1 |
|
Electricity |
10.316 |
149.3 |
155.3 |
164.6 |
178.5 |
189.0 |
192.3 |
201.4 |
|
Overall Index |
37.903 |
145.3 |
154.7 |
161.2 |
168.5 |
173.3 |
170.9 |
179.2 |
GROWTH RATES (in %)
|
Sector |
Weight |
2011-12 |
2012-13 |
2013-14 |
2014-15 |
2015-16 |
Apr-Oct 2015-16 |
Apr-Oct 2016-17 |
|
Coal |
4.379 |
1.3 |
4.6 |
1.3 |
8.1 |
4.6 |
4.4 |
0.7 |
|
Crude Oil |
5.216 |
1.0 |
-0.6 |
-0.2 |
-0.9 |
-1.4 |
0.1 |
-3.3 |
|
Natural Gas |
1.708 |
-8.9 |
-14.5 |
-13.0 |
-4.9 |
-4.2 |
-2.1 |
-4.0 |
|
Refinery Products# |
5.939 |
3.1 |
29.0 |
1.5 |
0.3 |
3.8 |
2.4 |
8.9 |
|
Fertilizers |
1.254 |
0.4 |
-3.4 |
1.5 |
-0.1 |
12.1 |
10.6 |
4.8 |
|
Steel |
6.684 |
10.3 |
4.1 |
11.5 |
4.7 |
-1.5 |
-0.7 |
8.5 |
|
Cement |
2.406 |
6.7 |
7.7 |
3.1 |
5.6 |
4.8 |
2.9 |
4.8 |
|
Electricity |
10.316 |
8.1 |
4.0 |
6.0 |
8.4 |
5.9 |
5.9 |
4.7 |
|
Overall Index |
37.903 |
5.0 |
6.5 |
4.2 |
4.5 |
2.9 |
2.8 |
4.9 |
#Refinery Products’ yearly growth rate of 2012-13 is not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.
Performance of Eight Core Industries Monthly Index & Growth Rate Base Year: 2004-05=100
Index
|
Sector |
Coal |
Crude Oil |
Natural Gas |
Refinery Products |
Fertilizers |
Steel |
Cement |
Electricity |
Overall Index |
|
Weight |
4.379 |
5.216 |
1.708 |
5.939 |
1.254 |
6.684 |
2.406 |
10.316 |
37.903 |
|
Oct-15 |
168.9 |
111.3 |
105.6 |
172.5 |
122.8 |
200.2 |
208.3 |
210.4 |
176.5 |
|
Nov-15 |
180.3 |
107.3 |
102.6 |
185.9 |
118.4 |
194.6 |
185.9 |
174.2 |
166.8 |
|
Dec-15 |
197.4 |
108.7 |
103.4 |
190.2 |
122.6 |
203.6 |
217.9 |
182.4 |
175.7 |
|
Jan-16 |
200.4 |
107.3 |
92.5 |
194.7 |
118.5 |
216.7 |
236.1 |
187.3 |
180.7 |
|
Feb-16 |
191.5 |
102.3 |
96.9 |
179.4 |
113.4 |
202.6 |
232.5 |
181.2 |
172.2 |
|
Mar-16 |
221.1 |
108.1 |
96.0 |
201.9 |
119.1 |
219.7 |
244.6 |
196.3 |
188.0 |
|
Apr-16 |
154.9 |
104.4 |
94.0 |
190.3 |
94.2 |
212.3 |
225.2 |
203.1 |
176.4 |
|
May-16 |
164.8 |
108.7 |
100.3 |
188.3 |
116.9 |
237.6 |
227.0 |
203.9 |
183.7 |
|
Jun-16 |
164.6 |
104.8 |
98.2 |
190.4 |
115.6 |
225.0 |
237.7 |
198.6 |
180.4 |
|
Jul-16 |
140.9 |
108.7 |
102.2 |
200.3 |
114.1 |
207.6 |
212.8 |
193.2 |
173.7 |
|
Aug-16 |
126.4 |
108.3 |
101.0 |
191.5 |
127.1 |
237.3 |
203.3 |
194.6 |
176.0 |
|
Sep-16 |
135.2 |
103.0 |
98.2 |
186.1 |
122.0 |
233.4 |
206.4 |
199.8 |
176.1 |
|
Oct-16 |
166.3 |
107.7 |
104.1 |
198.5 |
123.8 |
234.0 |
221.3 |
216.4 |
188.1 |
Growth Rates (in %)
|
Sector |
Coal |
Crude Oil |
Natural Gas |
Refinery Products |
Fertilizers |
Steel |
Cement |
Electricity |
Overall Index |
|
Weight |
4.379 |
5.216 |
1.708 |
5.939 |
1.254 |
6.684 |
2.406 |
10.316 |
37.903 |
|
Oct-15 |
6.6 |
-2.1 |
-1.8 |
-4.4 |
16.8 |
-5.5 |
12.2 |
13.8 |
3.8 |
|
Nov-15 |
3.5 |
-3.3 |
-3.9 |
2.5 |
13.5 |
-8.4 |
-1.8 |
0.0 |
-1.3 |
|
Dec-15 |
6.1 |
-4.1 |
-6.1 |
2.1 |
13.1 |
-4.4 |
3.2 |
2.7 |
0.9 |
|
Jan-16 |
9.1 |
-4.6 |
-15.3 |
4.8 |
6.2 |
-2.8 |
9.0 |
6.0 |
2.9 |
|
Feb-16 |
3.9 |
0.8 |
1.2 |
8.1 |
16.3 |
-0.5 |
13.5 |
9.2 |
5.7 |
|
Mar-16 |
1.7 |
-5.1 |
-10.5 |
10.8 |
22.9 |
3.4 |
11.9 |
11.3 |
6.4 |
|
Apr-16 |
-0.9 |
-2.3 |
-6.8 |
17.9 |
7.8 |
6.1 |
4.4 |
14.7 |
8.5 |
|
May-16 |
5.5 |
-3.3 |
-6.9 |
1.2 |
14.8 |
3.2 |
2.4 |
4.6 |
2.8 |
|
Jun-16 |
12.0 |
-4.3 |
-4.5 |
3.5 |
9.8 |
2.4 |
10.3 |
8.1 |
5.2 |
|
Jul-16 |
5.1 |
-1.8 |
3.3 |
13.7 |
-4.3 |
-0.5 |
1.4 |
1.6 |
3.0 |
|
Aug-16 |
-9.2 |
-3.9 |
-5.7 |
3.5 |
5.7 |
17.0 |
3.1 |
0.1 |
3.2 |
|
Sep-16 |
-5.8 |
-4.1 |
-5.5 |
9.3 |
2.0 |
16.3 |
5.5 |
2.2 |
5.0 |
|
Oct-16 |
-1.6 |
-3.2 |
-1.4 |
15.1 |
0.8 |
16.9 |
6.2 |
2.8 |
6.6 |
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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