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Combined Index of Eight Core Industries in June 2019 stood at 131.4

Jul 31, 2019: Following stats were released by Ministry of Commerce & Industry, Department of Industrial Policy & Promotion, Office of the Economic Adviser.

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 131.4 in June, 2019, which was 0.2 per cent higher as compared to the index of June, 2018. Its cumulative growth during April to June, 2019-20 was 3.5 per cent.

Coal

3. Coal production (weight: 10.33 per cent) increased by 3.2 per cent in June, 2019 over June, 2018. Its cumulative index increased by 2.7 per cent during April to June, 2019-20 over corresponding period of the previous year.

Crude Oil

4. Crude Oil production (weight: 8.98 per cent) declined by 6.8 per cent in June, 2019 over June, 2018. Its cumulative index declined by 6.8 per cent during April to June, 2019-20 over the corresponding period of previous year.

Natural Gas

5. The Natural Gas production (weight: 6.88 per cent) declined by 2.1 per cent in June, 2019 over June, 2018. Its cumulative index declined by 0.9 per cent during April to June, 2019-20 over the corresponding period of previous year.

Refinery Products

6. Petroleum Refinery production (weight: 28.04 per cent) declined by 9.3 per cent in June, 2019 over June, 2018. Its cumulative index declined by 2.4 per cent during April to June, 2019-20 over the corresponding period of previous year.

Fertilizers

7. Fertilizers production (weight: 2.63 per cent) increased by 1.5 per cent in June, 2019 over June, 2018. Its cumulative index declined by 1.1 per cent during April to June, 2019-20 over the corresponding period of previous year.

Steel

8. Steel production (weight: 17.92 per cent) increased by 6.9 per cent in June, 2019 over June, 2018. Its cumulative index increased by 13.7 per cent during April to June, 2019-20 over the corresponding period of previous year.

Cement

9. Cement production (weight: 5.37 per cent) declined by 1.5 per cent in June, 2019 over June, 2018. Its cumulative index increased by 1.2 per cent during April to June, 2019-20 over the corresponding period of previous year.

Electricity

10. Electricity generation (weight: 19.85 per cent) increased by 7.3 per cent in June, 2019 over June, 2018. Its cumulative index increased by 6.9 per cent during April to June, 2019-20 over the corresponding period of previous year.


Notes:

Note 1: Data for April, 2019, May, 2019 and June, 2019 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: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.

Note 5: Release of the index for July, 2019 will be on Monday, 2nd September, 2019.


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Annexure

Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100

Index
Combined Index of Eight Core Industries in June 2019

Growth Rates (in per cent)
Combined Index of Eight Core Industries in June 2019


Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100

Index
Combined Index of Eight Core Industries in June 2019

Growth Rates (in per cent)

Combined Index of Eight Core Industries in June 2019


Source: eaindustry (dot) nic (dot) in, Office of the Economic Adviser, Ministry of Commerce & Industry

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