Index of Eight Core Industries (Apr –Dec 2018-19)

Released by Ministry of Commerce and Industry – Government of India on: 31 JAN 2019 ob pib.nic.in

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

  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 132.1 in December, 2018, which was 2.6 per cent higher as compared to the index of December, 2017. Its cumulative growth during April to December, 2018-19 was 4.8per cent.

Coal

Coal production (weight: 10.33 per cent) increased by 0.9 per cent in December, 2018 over December, 2017. Its cumulative index increased by 7.8 per cent during April to December, 2018-19 over corresponding period of the previous year.

Crude Oil

Crude Oil production (weight: 8.98per cent) declined by 4.3 per cent in December, 2018 over December, 2017. Its cumulative index declined by 3.7 per cent during April to December, 2018-19 over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 6.88 per cent) increased by 4.2 per cent in December, 2018 over December, 2017. Its cumulative index declined by 0.1 per cent during April to December, 2018-19 over the corresponding period of previous year.

Refinery Products

Petroleum Refinery production (weight: 28.04 per cent) declined by 4.8 per cent in December, 2018 over December, 2017. Its cumulative index increased by 4.1 per cent during April to December, 2018-19 over the corresponding period of previous year.

Fertilizers

Fertilizers production (weight: 2.63 per cent) declined by 2.4 per cent in December, 2018 over December, 2017. Its cumulative index declined by 1.4 per cent during April to December, 2018-19 over the corresponding period of previous year.

Steel

Steel production (weight: 17.92per cent) increased by 13.2 per cent in December, 2018 over December, 2017. Its cumulative index increased by 4.7 percent during April to December, 2018-19 over the corresponding period of previous year.

Cement

Cement production (weight: 5.37 per cent) increased by 11.6 per cent in December, 2018over December, 2017. Its cumulative index increased by 13.9 per cent during April to December, 2018-19 over the corresponding period of previous year.

Electricity

Electricity generation (weight: 19.85 per cent) increased by 4.0 per cent in December, 2018 over December, 2017. Its cumulative index increased by 6.3 per cent during April to December, 2018-19 over the corresponding period of previous year.

Note 1: Data for October, 2018, November, 2018 and December, 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 January, 2019 will be on Thursday, 28th February, 2019.

 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-Dec 2017-18 Apr-Dec 2018-19
Coal 10.3335 103.2 104.2 112.6 118.0 121.8 124.9 113.4 122.3
Crude Oil 8.9833 99.4 99.2 98.4 97.0 94.5 93.7 94.3 90.8
Natural Gas 6.8768 85.6 74.5 70.5 67.2 66.5 68.4 69.1 69.0
Refinery Products 28.0376 107.2 108.6 108.8 114.1 119.7 125.2 124.0 129.1
Fertilizers 2.6276 96.7 98.1 99.4 106.4 106.6 106.6 107.2 105.6
Steel 17.9166 107.9 115.8 121.7 120.2 133.1 140.5 138.5 145.0
Cement 5.3720 107.5 111.5 118.1 123.5 122.0 129.7 125.4 142.8
Electricity 19.8530 104.0 110.3 126.6 133.8 141.6 149.2 149.7 159.3
Overall Index 100.0000 103.8 106.5 111.7 115.1 120.5 125.7 123.8 129.8

 Growth Rates (in per cent)

Sector Weight 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 Apr-Dec 2017-18 Apr-Dec 2018-19
Coal 10.3335 3.2 1.0 8.0 4.8 3.2 2.6 1.5 7.8
Crude Oil 8.9833 -0.6 -0.2 -0.9 -1.4 -2.5 -0.9 -0.4 -3.7
Natural Gas 6.8768 -14.4 -12.9 -5.3 -4.7 -1.0 2.9 4.0 -0.1
Refinery Products 28.0376 7.2 1.4 0.2 4.9 4.9 4.6 3.9 4.1
Fertilizers 2.6276 -3.3 1.5 1.3 7.0 0.2 0.03 -0.6 -1.4
Steel 17.9166 7.9 7.3 5.1 -1.3 10.7 5.6 6.2 4.7
Cement 5.3720 7.5 3.7 5.9 4.6 -1.2 6.3 2.4 13.9
Electricity 19.8530 4.0 6.1 14.8 5.7 5.8 5.3 5.1 6.3
Overall Index 100.0000 3.8 2.6 4.9 3.0 4.8 4.3 3.9 4.8

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
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 68.5 134.1 110.0 140.3 136.0 162.1 129.2
Aug-18 103.8 91.6 70.2 127.7 109.4 144.5 134.5 167.2 128.8
Sep-18 109.8 88.1 67.6 125.8 108.0 143.2 133.9 162.9 127.2
Oct-18 132.9 90.9 70.3 133.8 103.3 150.5 148.4 166.0 134.8
Nov-18 138.4 87.6 68.9 128.9 102.7 145.5 136.5 147.2 128.4
Dec-18 143.9 90.2 72.2 126.6 109.4 156.3 151.0 149.6 132.1

 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
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 11.2 6.7 7.3
Aug-18 2.4 -3.7 1.0 5.1 -5.3 4.0 14.6 7.6 4.7
Sep-18 6.4 -4.2 -1.7 2.5 2.5 3.2 11.8 8.2 4.3
Oct-18 11.3 -5.0 -0.9 1.3 -11.5 2.6 18.4 10.9 4.8
Nov-18 3.7 -3.5 0.5 2.3 -8.1 5.8 8.8 5.1 3.4
Dec-18 0.9 -4.3 4.2 -4.8 -2.4 13.2 11.6 4.0 2.6

 

           

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