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The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.
The Eight Core Industries have a combined weight of 37.90% in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 156.4 in July, 2013, which was 3.1% higher compared to the index of July, 2012.
Coal
Coal production (weight: 4.38%) increased by 1.2% in July, 2013 over July, 2012. However, cumulative index for coal during April to July, 2013-14 moderated by 0.5% over corresponding period of previous year.
Crude Oil
Crude Oil production (weight: 5.22%) moderated by 2.3% in July, 2013 over July, 2012. Its cumulative index during April to July, 2013-14 moderated by 1.6% over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 1.71%) declined by 16.1% in July, 2013 over July, 2012. Its cumulative index during April to July, 2013-14 declined by 17.2% over the corresponding period of previous year.
Petroleum Refinery Products (0.93% of Crude Throughput)
Petroleum refinery production (weight: 5.94%) registered a growth of 5.1% in July, 2013 over July, 2012. While, its cumulative growth during April to July, 2013-14 was 4.7% over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 1.25%) registered a growth of 0.4% in July, 2013 over July, 2012, and it registered a cumulative growth of 1.9% during April to July, 2013-14 over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) recorded a growth rate of 7.0% in July, 2013 over July, 2012. The cumulative growth during April to July, 2013-14 was 4.1% over the corresponding period of previous year.
Cement
Cement production (weight: 2.41%) increased by 0.8% in July, 2013 over July, 2012, and its cumulative growth during April to July, 2013-14 was 2.7% over the corresponding period of previous year.
Electricity
Electricity generation (weight: 10.32%) increased by 5.2% in July, 2013 over July, 2012, and it registered a cumulative growth of 3.4% during April to July, 2013-14 over the corresponding period of previous year.
Note: Data are provisional. Revision has been made based on revised data obtained for corresponding month of previous year.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2004-05=100
(Weight in IIP: 37.90 %)
Index | |||||||||
Sector | Weight | 2007-08 | 2008-09 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | Apr-Jul 2012-13 | Apr-Jul 2013-14 |
Coal | 4.379 | 119.9 | 129.5 | 140.0 | 139.7 | 141.5 | 146.6 | 133.9 | 133.1 |
Crude Oil | 5.216 | 100.4 | 98.6 | 99.1 | 111.0 | 112.1 | 111.4 | 112.9 | 111.0 |
Natural Gas | 1.708 | 102.1 | 103.4 | 149.5 | 164.4 | 149.7 | 128.1 | 136.5 | 113.0 |
Refinery Products | 5.939 | 122.8 | 126.5 | 125.9 | 129.7 | 133.7 | 152.3 | 166.8 | 174.7 |
Fertilizers | 1.254 | 95.5 | 91.8 | 103.4 | 103.4 | 103.8 | 100.2 | 91.2 | 92.9 |
Steel | 6.684 | 128.9 | 131.4 | 139.3 | 157.7 | 174.0 | 178.4 | 174.7 | 181.9 |
Cement | 2.406 | 132.5 | 142.1 | 157.1 | 164.2 | 175.2 | 190.4 | 186.3 | 191.4 |
Electricity | 10.316 | 119.9 | 123.2 | 130.8 | 138.1 | 149.3 | 155.3 | 157.3 | 162.7 |
Overall Index | 37.903 | 118.5 | 121.8 | 129.9 | 138.4 | 145.3 | 151.0 | 151.8 | 154.7 |
Growth rate (in %) | |||||||||
Sector | Weight | 2007-08 | 2008-09 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | Apr-Jul 2012-13 | Apr-Jul 2013-14 |
Coal | 4.379 | 6.3 | 8.0 | 8.1 | -0.2 | 1.3 | 3.6 | 6.5 | -0.5 |
Crude Oil | 5.216 | 0.4 | -1.8 | 0.5 | 11.9 | 1.0 | -0.6 | -0.6 | -1.6 |
Natural Gas | 1.708 | 2.1 | 1.3 | 44.6 | 10.0 | -8.9 | -14.5 | -11.7 | -17.2 |
Refinery Products | 5.939 | 6.5 | 3.0 | -0.4 | 3.0 | 3.1 | 13.9 | 24.1 | 4.7 |
Fertilizers | 1.254 | -7.9 | -3.9 | 12.7 | 0.0 | 0.4 | -3.4 | -9.5 | 1.9 |
Steel | 6.684 | 6.8 | 1.9 | 6.0 | 13.2 | 10.3 | 2.5 | 2.8 | 4.1 |
Cement | 2.406 | 8.1 | 7.2 | 10.5 | 4.5 | 6.7 | 8.7 | 10.1 | 2.7 |
Electricity | 10.316 | 6.3 | 2.7 | 6.2 | 5.6 | 8.1 | 4.0 | 5.7 | 3.4 |
Overall Index | 37.903 | 5.2 | 2.8 | 6.6 | 6.6 | 5.0 | 3.9 | 6.3 | 1.9 |
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2004-05=100
(Weight in IIP: 37.90 %)
Index | |||||||||
Sector | Coal | Crude Oil | Natural Gas | Refinery Products | Fertilizers | Steel | Cement | Electricity | Overall Index |
Weight | 4.38 | 5.22 | 1.71 | 5.94 | 1.25 | 6.68 | 2.41 | 10.32 | 37.90 |
Jul-12 | 125.8 | 115.0 | 135.3 | 172.0 | 106.6 | 175.5 | 177.2 | 156.2 | 151.6 |
Aug-12 | 114.4 | 114.0 | 134.0 | 143.5 | 108.6 | 177.5 | 168.7 | 152.2 | 144.5 |
Sep-12 | 114.2 | 108.2 | 127.0 | 132.1 | 108.7 | 171.5 | 177.9 | 149.7 | 140.4 |
Oct-12 | 140.2 | 113.1 | 129.5 | 149.7 | 108.6 | 175.4 | 193.7 | 160.4 | 151.5 |
Nov-12 | 144.8 | 109.7 | 123.3 | 145.2 | 106.9 | 175.6 | 164.5 | 149.1 | 145.7 |
Dec-12 | 167.7 | 113.2 | 125.9 | 146.7 | 105.8 | 184.6 | 201.0 | 157.5 | 155.3 |
Jan-13 | 177.0 | 111.8 | 122.5 | 151.5 | 102.9 | 186.4 | 212.0 | 160.6 | 158.5 |
Feb-13 | 161.7 | 101.6 | 109.0 | 139.4 | 98.6 | 176.3 | 195.7 | 140.5 | 144.4 |
Mar-13 | 204.1 | 113.9 | 119.9 | 152.0 | 98.0 | 194.3 | 226.1 | 164.1 | 165.0 |
Apr-13 | 138.7 | 109.7 | 113.4 | 169.2 | 78.7 | 173.1 | 203.9 | 159.1 | 152.1 |
May-13 | 137.7 | 112.0 | 113.7 | 176.6 | 85.5 | 185.7 | 198.9 | 172.3 | 159.2 |
Jun-13 | 128.9 | 110.3 | 111.2 | 172.2 | 100.6 | 180.9 | 184.2 | 154.9 | 151.2 |
Jul-13 | 127.2 | 112.3 | 113.6 | 180.7 | 107.1 | 187.9 | 178.7 | 164.4 | 156.4 |
Growth rates (in %) | |||||||||
Sector | Coal | Crude Oil | Natural Gas | Refinery Products | Fertilizers | Steel | Cement | Electricity | Overall Index |
Weight | 4.38 | 5.22 | 1.71 | 5.94 | 1.25 | 6.68 | 2.41 | 10.32 | 37.90 |
Jul-12 | 2.0 | -0.7 | -13.5 | 26.0 | -2.2 | 1.1 | 3.2 | 2.7 | 4.5 |
Aug-12 | 11.0 | -0.6 | -13.5 | 8.4 | -2.1 | 2.9 | 4.7 | 1.9 | 2.9 |
Sep-12 | 21.4 | -1.7 | -14.8 | 10.3 | 5.7 | 1.3 | 18.3 | 3.9 | 5.1 |
Oct-12 | 10.9 | -0.4 | -14.9 | 20.3 | 2.0 | -4.7 | 11.1 | 5.6 | 4.5 |
Nov-12 | -4.4 | 0.8 | -15.2 | 6.6 | 5.0 | 7.8 | -0.4 | 2.4 | 2.2 |
Dec-12 | -0.2 | 1.0 | -14.9 | 5.0 | -3.8 | 3.6 | 9.5 | 5.2 | 2.9 |
Jan-13 | 2.3 | -0.2 | -16.8 | 10.5 | -9.1 | 1.9 | 10.2 | 6.3 | 3.7 |
Feb-13 | -8.0 | -4.0 | -20.1 | 4.3 | -4.0 | 0.5 | 3.1 | -3.7 | -2.4 |
Mar-13 | 0.3 | 0.2 | -17.7 | 5.6 | 3.6 | 6.6 | 8.3 | 3.5 | 3.2 |
Apr-13 | 3.1 | -1.2 | -17.4 | 6.1 | -2.4 | 1.9 | 5.2 | 3.5 | 2.3 |
May-13 | -3.3 | -2.4 | -18.7 | 5.5 | -2.0 | 4.0 | 2.4 | 6.2 | 2.3 |
Jun-13 | -3.0 | -0.6 | -16.7 | 2.3 | 11.3 | 3.4 | 2.3 | -1.2 | 0.1 |
Jul-13 | 1.2 | -2.3 | -16.1 | 5.1 | 0.4 | 7.0 | 0.8 | 5.2 | 3.1 |
Core industries growth shows year on year improvement with mixed sectoral performance, including notable declines in natural gas. The combined Index of Eight Core Industries (weight 37.90% in the IIP) rose to 156.4 in July 2013, a 3.1% year on year increase. Monthly and cumulative April-July comparisons show mixed sectoral outcomes: electricity, steel, and refinery products led growth; coal and cement rose modestly; crude oil moderated; and natural gas registered substantial declines. Detailed weighted indices and growth rates for the eight sectors are tabulated in the annexure. Data are provisional and subject to revision.
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