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, 28^th February, 2019.

 Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2011-12=100

 Index

 Growth Rates (in per cent)

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2011-12=100

Index

 Growth Rates (in per cent)