1 Aug 2017

Index of Eight Core Industries (Base: 2011-12=100) June, 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 % of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 121.0 in June, 2017, which was 0.4 % higher compared to the index of June, 2016. Its cumulative growth during April to June, 2017-18 was 2.4 %.
Coal
          Coal production (weight: 10.33 %) declined by 6.7% in June, 2017 over June, 2016. Its cumulative index declined by 4.4% during April to June, 2017-18 over corresponding period of the previous year.

Crude Oil
          Crude Oil production (weight: 8.98 %) increased by 0.6 % in June2017 over June, 2016. Its cumulative index increased by 0.2 % during April to June, 2017-18 over the corresponding period of previous year.
Natural Gas
          The Natural Gas production (weight: 6.88 %) increased by 6.4 % in June, 2017 over June, 2016. Its cumulative index increased by 4.3 % during April to June, 2017-18 over the corresponding period of previous year.

Refinery Products
          Petroleum Refinery production (weight: 28.04%) declined by 0.2 % in June, 2017 over June, 2016. Its cumulative index increased by 1.8 % during April to June, 2017-18 over the corresponding period of previous year.
Fertilizers
          Fertilizer production (weight: 2.63 %) declined by 3.6 % in June, 2017 over June, 2016. Its cumulative index declined by 1.9 % during April to June, 2017-18 over the corresponding period of previous year.
Steel
          Steel production (weight: 17.92 %) increased by 5.8 % in June2017 over June, 2016. Its cumulative index increased by 6.2 during April to June, 2017-18 over the corresponding period of previous year.
Cement
          Cement production (weight: 5.37%) declined by 5.8 % in June, 2017 over June, 2016. Its cumulative index declined by 2.9 % during April to June, 2017-18 over the corresponding period of previous year.
Electricity
          Electricity generation (weight: 19.85%) increased by 0.7 % in June2017 over June, 2016. Its cumulative index increased by 4.9 % during April to June, 2017-18 over the corresponding period of previous year.
Note 1: Data for April, 2017, May, 2017and June, 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 July, 2017 will be on Thursday, 31st August, 2017.


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-Jun 2016-17
Apr-Jun 2017-18
Coal
10.3335
103.2
104.2
112.6
118.0
121.8
112.5
107.5
Crude Oil
8.9833
99.4
99.2
98.4
97.0
94.5
94.5
94.7
Natural Gas
6.8768
85.6
74.5
70.5
67.2
66.5
64.7
67.5
Refinery Products
28.0376
107.2
108.6
108.8
114.1
119.7
118.1
120.3
Fertilizers
2.6276
96.7
98.1
99.4
106.4
106.6
99.5
97.7
Steel
17.9166
107.9
115.8
121.7
120.2
133.1
130.3
138.4
Cement
5.3720
107.5
111.5
118.1
123.5
122.0
132.0
128.1
Electricity
19.8530
104.0
110.3
126.6
133.8
141.6
144.5
151.6
Overall Index
100.0000
103.8
106.5
111.7
115.1
120.5
119.4
122.3





GROWTH RATES (in %)
Sector
Weight
2012-13
2013-14
2014-15
2015-16
2016-17
Apr-Jun 2016-17
Apr-Jun 2017-18
Coal
10.3335
3.2
1.0
8.0
4.8
3.2
5.3
-4.4
Crude Oil
8.9833
-0.6
-0.2
-0.9
-1.4
-2.5
-3.3
0.2
Natural Gas
6.8768
-14.4
-12.9
-5.3
-4.7
-1.0
-5.8
4.3
Refinery Products
28.0376
7.2
1.4
0.2
4.9
4.9
8.9
1.8
Fertilizers
2.6276
-3.3
1.5
1.3
7.0
0.2
3.3
-1.9
Steel
17.9166
7.9
7.3
5.1
-1.3
10.7
9.0
6.2
Cement
5.3720
7.5
3.7
5.9
4.6
-1.2
5.8
-2.9
Electricity
19.8530
4.0
6.1
14.8
5.7
5.8
10.0
4.9
Overall Index
100.0000
3.8
2.6
4.9
3.0
4.8
6.9
2.4





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
Jun-16
115.4
93.5
65.1
119.6
110.3
130.2
136.5
144.3
120.5
Jul-16
97.9
97.0
67.7
122.6
108.4
120.0
121.1
142.5
117.0
Aug-16
87.8
96.6
66.6
118.7
116.2
136.1
116.5
143.5
117.8
Sep-16
93.4
91.9
64.7
113.5
114.1
133.8
119.7
145.6
116.5
Oct-16
114.9
96.1
69.0
122.9
113.4
135.1
126.9
145.1
122.5
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
134.4
125.9
150.6
118.9
May-17
111.8
97.6
69.7
125.4
97.7
143.0
129.9
158.7
126.9
Jun-17
107.6
94.0
69.3
119.4
106.3
137.7
128.6
145.3
121.0



Growth Rates (in %)
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
Jun-16
12.1
-4.3
-4.0
5.8
5.9
8.8
10.5
9.8
7.0
Jul-16
4.1
-1.8
4.1
8.0
-3.2
0.0
0.7
2.1
3.1
Aug-16
-9.7
-3.9
-5.9
2.5
2.5
16.7
3.1
2.2
3.1
Sep-16
-6.7
-4.1
-5.9
6.9
0.3
16.1
6.7
5.1
5.3
Oct-16
-1.9
-3.2
-1.5
12.6
0.7
17.4
6.2
3.0
7.1
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
9.3
-2.4
5.4
2.8
May-17
-3.2
0.7
4.5
5.4
-6.5
3.9
-0.4
8.6
4.1
Jun-17
-6.7
0.6
6.4
-0.2
-3.6
5.8
-5.8
0.7
0.4

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