Index of 8 Core Industries up by 3.2 % in Aug, 2016 from Aug,2015

Index of 8 Core Industries up by 3.2 % in Aug, 2016 from Aug,2015. Growth from April to Aug, 2016-17 was 4.5 %. Index of 8 Core Industries up by 3.2 % in Aug, 2016 from Aug,2015. The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure. The Eight Core Industries comprise nearly 38 % of the weight of items included in
the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 176.0 in August, 2016, which was 3.2 % higher compared to the index of August, 2015. Its cumulative growth during April to August, 2016-17 was 4.5 %.

Coal

  Coal production (weight: 4.38 %) declined by 9.2 % in August, 2016 over August, 2015. Its cumulative index during April to August, 2016-17 increased by 2.6 % over corresponding period of previous year.

Crude Oil

4.         Crude Oil production (weight: 5.22 %) declined by 3.9 % in August, 2016 over August, 2015. Its cumulative index during April to August, 2016-17 declined by 3.1 % over the corresponding period of previous year.

Natural Gas

5.         The Natural Gas production (weight: 1.71 %) declined by 5.7 % in August, 2016 over August, 2015. Its cumulative index during April to August, 2016-17 declined by 4.2 % over the corresponding period of previous year.





Refinery Products (93% of Crude Throughput)

6.         Petroleum Refinery production (weight: 5.94%) increased by 3.5 % in August, 2016 over August, 2015. Its cumulative index during April to August, 2016-17 increased by 7.6 % over the corresponding period of previous year.

Fertilizers

7.         Fertilizer production (weight: 1.25%) increased by 5.7 % in August, 2016 over August, 2015. Its cumulative index during April to August, 2016-17 increased by 6.4 % over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

8.         Steel production (weight: 6.68%) increased by 17.0 % in August, 2016 over August, 2015. Its cumulative index during April to August, 2016-17 increased by 5.5 % over the corresponding period of previous year.

Cement

9.         Cement production (weight: 2.41%) increased by 3.1 % in August, 2016 over August, 2015. Its cumulative index during April to August, 2016-17 increased by 4.4 % over the corresponding period of previous year.

Electricity

10.       Electricity generation (weight: 10.32%) increased by 0.1 % in August, 2016 over August, 2015. Its cumulative index during April to August, 2016-17 increased by 5.7 % over the corresponding period of previous year.


Note 1: Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Product, Fertilizer, Steel, Cement and Electricity and for July, 2015 in respect of Fertilizer. Accordingly, indices for the month July, 2015 and August, 2015 have been revised.

Note 2: Release of the index for September, 2016 will be on Monday, 31st October, 2016.