Index of Eight Core Industries (Base: 2011-12=100) August, 2017
New Delhi, 3rd October, 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 123.6 in August, 2017, which was 4.9 % higher compared to the index of August, 2016. Its cumulative growth during April to August, 2017-18 was 3.0 %.
Coal
Coal production (weight: 10.33 %) increased by 15.3% in August, 2017 over August, 2016. Its cumulative index declined by 0.2% during April to August, 2017-18 over corresponding period of the previous year.
Crude Oil
Crude Oil production (weight: 8.98 %) declined by 1.6 % in August, 2017 over August, 2016. Its cumulative index declined by 0.3% during April to August, 2017-18 over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 6.88 %) increased by 4.2 % in August, 2017 over August, 2016. Its cumulative index increased by 4.8 % during April to August, 2017-18 over the corresponding period of previous year.
Refinery Products
Petroleum Refinery production (weight: 28.04%) increased by 2.4 % in August, 2017 over August, 2016. Its cumulative index increased by 1.0 % during April to August, 2017-18 over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 2.63 %) declined by 0.7 % in August, 2017 over August, 2016. Its cumulative index declined by 1.1 % during April to August, 2017-18 over the corresponding period of previous year.
Steel
Steel production (weight: 17.92 %) increased by 3.0 % in August, 2017 over August, 2016. Its cumulative index increased by 6.0 % during April to August, 2017-18 over the corresponding period of previous year.
Cement
Cement production (weight: 5.37%) declined by 1.3 % in August, 2017 over August, 2016. Its cumulative index declined by 3.3 % during April to August, 2017-18 over the corresponding period of previous year.
Electricity
Electricity generation (weight: 19.85%) increased by 10.3 % in August, 2017 over August, 2016. Its cumulative index increased by 6.5 % during April to August, 2017-18 over the corresponding period of previous year.
Note 1: Data for June, 2017, July, 2017and August, 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 September, 2017 will be on Tuesday, 31st October, 2017.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
| Sector | Weight | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | Apr-Aug 2016-17 | Apr-Aug 2017-18 |
| Coal | 10.3335 | 103.2 | 104.2 | 112.6 | 118.0 | 121.8 | 104.6 | 104.4 |
| Crude Oil | 8.9833 | 99.4 | 99.2 | 98.4 | 97.0 | 94.5 | 95.4 | 95.2 |
| Natural Gas | 6.8768 | 85.6 | 74.5 | 70.5 | 67.2 | 66.5 | 65.7 | 68.8 |
| Refinery Products | 28.0376 | 107.2 | 108.6 | 108.8 | 114.1 | 119.7 | 119.2 | 120.4 |
| Fertilizers | 2.6276 | 96.7 | 98.1 | 99.4 | 106.4 | 106.6 | 104.6 | 103.5 |
| Steel | 17.9166 | 107.9 | 115.8 | 121.7 | 120.2 | 133.1 | 129.4 | 137.2 |
| Cement | 5.3720 | 107.5 | 111.5 | 118.1 | 123.5 | 122.0 | 126.7 | 122.5 |
| Electricity | 19.8530 | 104.0 | 110.3 | 126.6 | 133.8 | 141.6 | 143.9 | 153.3 |
| Overall Index | 100.0000 | 103.8 | 106.5 | 111.7 | 115.1 | 120.5 | 118.6 | 122.1 |
GROWTH RATES (in %)
| Sector | Weight | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | Apr-Aug 2016-17 | Apr-Aug 2017-18 |
| Coal | 10.3335 | 3.2 | 1.0 | 8.0 | 4.8 | 3.2 | 2.3 | -0.2 |
| Crude Oil | 8.9833 | -0.6 | -0.2 | -0.9 | -1.4 | -2.5 | -3.1 | -0.3 |
| Natural Gas | 6.8768 | -14.4 | -12.9 | -5.3 | -4.7 | -1.0 | -3.9 | 4.8 |
| Refinery Products | 28.0376 | 7.2 | 1.4 | 0.2 | 4.9 | 4.9 | 7.4 | 1.0 |
| Fertilizers | 2.6276 | -3.3 | 1.5 | 1.3 | 7.0 | 0.2 | 1.7 | -1.1 |
| Steel | 17.9166 | 7.9 | 7.3 | 5.1 | -1.3 | 10.7 | 8.7 | 6.0 |
| Cement | 5.3720 | 7.5 | 3.7 | 5.9 | 4.6 | -1.2 | 4.3 | -3.3 |
| Electricity | 19.8530 | 4.0 | 6.1 | 14.8 | 5.7 | 5.8 | 6.8 | 6.5 |
| Overall Index | 100.0000 | 3.8 | 2.6 | 4.9 | 3.0 | 4.8 | 5.4 | 3.0 |
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 |
| 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 | 134.1 | 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 | 106.3 | 137.8 | 127.9 | 147.4 | 121.4 |
| Jul-17 | 98.5 | 96.4 | 72.2 | 119.3 | 108.6 | 131.0 | 118.7 | 151.8 | 120.1 |
| Aug-17 | 101.2 | 95.1 | 69.5 | 121.6 | 115.4 | 140.1 | 115.0 | 158.3 | 123.6 |
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 |
| 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 |
| -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 |
| -17 | -6.7 | 0.6 | 6.4 | -0.2 | -3.6 | 5.8 | -6.3 | 2.2 | 0.8 |
| Jul-17 | 0.6 | -0.5 | 6.6 | -2.7 | 0.2 | 9.2 | -2.0 | 6.5 | 2.6 |
| -17 | 15.3 | -1.6 | 4.2 | 2.4 | -0.7 | 3.0 | -1.3 | 10.3 | 4.9 |