Index of Eight Core Industries rises 3.2% in August

Index of Eight Core Industries comprising 38% of weight of items included in Index of Industrial Production (IIP) rose 3.2% in August 2016 as againt the same month of last year. 

According to data released by Ministry of Commerce & Industry, 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

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

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)

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.

Fertilisers

Fertiliser 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)

Steel production (weight: 6.68%) decreased 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

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

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.