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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 163.9 in July, 2014, which was 2.7 % higher compared to the index of July, 2013. Its cumulative growth during April to July, 2014-15 was 4.1 %.
Coal
Coal production (weight: 4.38 %) increased by 6.2 % in July, 2014 over July, 2013. Its cumulative index during April to July, 2014-15 increased by 5.7 % over corresponding period of previous year.
Crude Oil
Crude Oil production (weight: 5.22 %) declined by 1.0 % in July, 2014 over July, 2013. The cumulative index of Crude Oil during April to July, 2014-15 declined by 0.3 % over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 1.71 %) declined by 9.0 % in July, 2014 over July, 2013. Its cumulative index during April to July, 2014-15 declined by 5.2 % over the corresponding period of previous year.
Petroleum Refinery Products (0.93% of Crude Throughput)
Petroleum refinery production (weight: 5.94%) declined by 5.5 % in July, 2014 over July, 2013. Its cumulative index during April to July, 2014-15 declined by 2.2 % over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 1.25%) declined by 4.2 % in July, 2014 over July, 2013. It registered a cumulative growth of 4.9 % during April to July, 2014-15 over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) decreased by 3.4 % in July, 2014 over July, 2013. While, its cumulative index during April to July, 2014-15 increased by 0.3 % over the corresponding period of previous year.
Cement
Cement production (weight: 2.41%) increased by 16.5 % in July, 2014 over July, 2013. Its cumulative growth during April to July, 2014-15 was 11.1 % over the corresponding period of previous year.
Electricity
Electricity generation (weight: 10.32%) increased by 11.2 % in July, 2014 over the period of July, 2013 and it registered a cumulative growth of 11.0 % during April to July, 2014-15 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 in respect of Coal, Crude Oil, Natural Gas, Refinery Products, Steel and Cement.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2004-05=100
(Weight in IIP: 37.90 %)
INDEX
Sector | Weight | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 | Apr-Jul 13-14 | Apr-Jul 14-15 |
Coal | 4.379 | 140.0 | 139.7 | 141.5 | 148.1 | 149.0 | 132.4 | 140.0 |
Crude Oil | 5.216 | 99.1 | 111.0 | 112.1 | 111.4 | 111.2 | 111.0 | 110.7 |
Natural Gas | 1.708 | 149.5 | 164.4 | 149.7 | 128.1 | 111.4 | 113.0 | 107.2 |
Refinery Products* | 5.939 | 125.9 | 129.7 | 133.7 | 172.5 | 175.2 | 174.3 | 170.4 |
Fertilizers | 1.254 | 103.4 | 103.4 | 103.8 | 100.2 | 101.8 | 92.9 | 97.5 |
Steel | 6.684 | 139.3 | 157.7 | 174.0 | 181.1 | 195.0 | 200.3 | 200.9 |
Cement | 2.406 | 157.1 | 164.2 | 175.2 | 188.7 | 194.3 | 191.3 | 212.6 |
Electricity | 10.316 | 130.8 | 138.1 | 149.3 | 155.3 | 164.2 | 163.2 | 181.1 |
Overall Index | 37.903 | 129.9 | 138.4 | 145.3 | 154.7 | 159.8 | 157.9 | 164.4 |
GROWTH RATE (in %)
Sector | Weight | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 | Apr-Jul 13-14 | Apr-Jul 14-15 |
Coal | 4.379 | 8.1 | -0.2 | 1.3 | 4.6 | 0.7 | -1.1 | 5.7 |
Crude Oil | 5.216 | 0.5 | 11.9 | 1.0 | -0.6 | -0.2 | -1.6 | -0.3 |
Natural Gas | 1.708 | 44.6 | 10.0 | -8.9 | -14.5 | -13.0 | -17.2 | -5.2 |
Refinery Products* | 5.939 | -0.4 | 3.0 | 3.1 | 29.0# | 1.6 | 4.5 | -2.2 |
Fertilizers | 1.254 | 12.7 | 0.0 | 0.4 | -3.4 | 1.5 | 1.9 | 4.9 |
Steel | 6.684 | 6.0 | 13.2 | 10.3 | 4.1 | 7.7 | 14.6 | 0.3 |
Cement | 2.406 | 10.5 | 4.5 | 6.7 | 7.7 | 3.0 | 2.7 | 11.1 |
Electricity | 10.316 | 6.2 | 5.6 | 8.1 | 4.0 | 5.7 | 3.8 | 11.0 |
Overall Index | 37.903 | 6.6 | 6.6 | 5.0 | 6.5 | 3.3 | 4.1 | 4.1 |
*Note: RIL (SEZ) production figures for July, 2014 are on prorated basis.
# Refinery Products’ yearly growth rates of 2012-13 are not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.
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 | 4.379 | 5.216 | 1.708 | 5.939 | 1.254 | 6.684 | 2.406 | 10.316 | 37.903 |
Jul-13 | 127.0 | 112.3 | 113.7 | 180.7 | 107.1 | 207.3 | 177.7 | 164.4 | 159.7 |
Aug-13 | 121.5 | 112.3 | 112.5 | 182.9 | 110.5 | 185.1 | 170.6 | 162.3 | 154.5 |
Sep-13 | 129.4 | 108.8 | 109.1 | 174.5 | 114.4 | 182.8 | 190.8 | 168.5 | 156.2 |
Oct-13 | 135.5 | 112.3 | 111.9 | 173.5 | 113.0 | 181.5 | 188.0 | 162.5 | 155.2 |
Nov-13 | 150.5 | 110.9 | 109.3 | 168.1 | 107.4 | 182.5 | 172.0 | 157.8 | 153.5 |
Dec-13 | 170.1 | 115.0 | 113.4 | 175.9 | 110.2 | 199.0 | 203.3 | 168.1 | 165.6 |
Jan-14 | 178.7 | 115.1 | 116.1 | 176.9 | 104.2 | 201.2 | 215.0 | 169.8 | 168.2 |
Feb-14 | 165.1 | 103.5 | 104.2 | 169.6 | 97.9 | 192.5 | 200.2 | 155.1 | 156.7 |
Mar-14 | 208.3 | 112.1 | 108.8 | 183.8 | 92.1 | 214.2 | 226.2 | 172.9 | 175.4 |
Apr-14 | 140.5 | 109.6 | 104.7 | 165.8 | 87.4 | 192.8 | 217.5 | 176.9 | 160.9 |
May-14 | 145.2 | 111.6 | 111.2 | 171.6 | 100.5 | 214.3 | 216.4 | 183.2 | 168.7 |
Jun-14 | 139.2 | 110.4 | 109.4 | 173.3 | 99.5 | 196.1 | 209.7 | 181.5 | 163.9 |
Jul-14 | 134.9 | 111.1 | 103.5 | 170.8 | 102.5 | 200.4 | 206.9 | 182.8 | 163.9 |
GROWTH RATE (in %) | |||||||||
Sector | Coal | Crude Oil | Natural Gas | Refinery Products* | Fertilizers | Steel | Cement | Electricity | Overall Index |
Weight | 4.379 | 5.216 | 1.708 | 5.939 | 1.254 | 6.684 | 2.406 | 10.316 | 37.903 |
Jul-13 | 1.0 | -2.3 | -16.0 | 5.0 | 0.4 | 18.1 | 0.2 | 5.2 | 5.3 |
Aug-13 | 5.5 | -1.5 | -16.1 | 4.9 | 1.7 | 4.3 | 5.5 | 6.7 | 3.7 |
Sep-13 | 12.5 | 0.6 | -14.1 | 8.0 | 5.3 | 6.6 | 11.5 | 12.6 | 8.0 |
Oct-13 | -3.9 | -0.8 | -13.6 | -4.8 | 4.1 | 3.5 | 1.0 | 1.3 | -0.6 |
Nov-13 | 2.3 | 1.1 | -11.3 | -5.0 | 0.6 | 3.9 | 4.2 | 5.9 | 1.7 |
Dec-13 | -0.6 | 1.6 | -9.9 | -1.7 | 4.1 | 3.1 | 1.1 | 6.7 | 2.1 |
Jan-14 | -0.7 | 3.0 | -5.2 | -4.5 | 1.2 | 3.4 | 1.5 | 5.7 | 1.6 |
Feb-14 | 0.1 | 1.9 | -4.4 | 3.2 | -0.7 | 4.8 | 2.3 | 10.4 | 4.5 |
Mar-14 | 0.7 | -1.6 | -9.3 | 2.8 | -6.1 | 5.4 | 0.0 | 5.4 | 2.5 |
Apr-14 | 3.3 | -0.1 | -7.7 | -2.2 | 11.1 | 3.1 | 6.7 | 11.2 | 4.2 |
May-14 | 5.5 | -0.3 | -2.2 | -2.3 | 17.6 | -2.0 | 8.7 | 6.3 | 2.3 |
Jun-14 | 8.1 | 0.1 | -1.7 | 1.2 | -1.0 | 4.2 | 13.6 | 15.7 | 7.3 |
Jul-14 | 6.2 | -1.0 | -9.0 | -5.5 | -4.2 | -3.4 | 16.5 | 11.2 | 2.7 |
*Note: RIL (SEZ) production figures for July, 2014 are on prorated basis.
Industrial production growth: core industries show mixed July performance with gains in coal, electricity and cement. The Index of Eight Core Industries (weight 37.90% of IIP) stood at 163.9 in July 2014, with the combined index rising year on year and showing positive cumulative growth for April-July 2014 15. Coal, electricity and cement recorded notable monthly and cumulative gains, while crude oil, natural gas, refinery products, fertilizers and steel displayed mixed or weaker monthly performance; detailed monthly and annual indices and growth rates are annexed and certain refinery figures are prorated and subject to revision. of Press 'Enter' after typing page number.
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