Index of Eight Core Industries (Base: 2011-12=100) May, 2019

Press Information Bureau
Government of India
Ministry of Commerce & Industry
01 JUL 2019 5:00PM 

Index of Eight Core Industries (Base: 2011-12=100) May, 2019

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 138.7 in May, 2019, which was 5.1 per cent higher as compared to the index of May, 2018. Its cumulative growth during April to May, 2019-20 was 5.7 per cent.

Index+of+Eight+Core+Industries
Coal
  • Coal production (weight: 10.33 per cent) increased by 1.8 per cent in May, 2019 over May, 2018. Its cumulative index increased by 2.5 per cent during April to May, 2019-20 over corresponding period of the previous year.
Crude Oil
  • Crude Oil production (weight: 8.98 per cent) declined by 6.9 per cent in May, 2019 over May, 2018. Its cumulative index declined by 6.8 per cent during April to May, 2019-20 over the corresponding period of previous year.
Natural Gas
  • The Natural Gas production (weight: 6.88 per cent) growth stood at 0.0 per cent in May, 2019 over May, 2018. Its cumulative index declined by 0.4 per cent during April to May, 2019-20 over the corresponding period of previous year.
Refinery Products
  • Petroleum Refinery production (weight: 28.04 per cent) declined by 1.5 per cent in May, 2019 over May, 2018. Its cumulative index increased by 1.3 per cent during April to May, 2019-20 over the corresponding period of previous year.
Fertilizers
  • Fertilizers production (weight: 2.63 per cent) declined by 1.0 per cent in May, 2019 over May, 2018. Its cumulative index declined by 2.6 per cent during April to May, 2019-20 over the corresponding period of previous year.
Steel
  • Steel production (weight: 17.92 per cent) increased by 19.9 per cent in May, 2019 over May, 2018. Its cumulative index increased by 19.4 per cent during April to May, 2019-20 over the corresponding period of previous year.
Cement
  • Cement production (weight: 5.37 per cent) increased by 2.8 per cent in May, 2019 over May, 2018. Its cumulative index increased by 2.5 per cent during April to May, 2019-20 over the corresponding period of previous year.
Electricity
  • Electricity generation (weight: 19.85 per cent) increased by 7.2 per cent in May, 2019 over May, 2018. Its cumulative index increased by 6.6 per cent during April to May, 2019-20 over the corresponding period of previous year.
Note :
  • Data for March, 2019, April, 2019 and May, 2019 are provisional.
  • Since April, 2014, Electricity generation data from Renewable sources are also included.
  • 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.
  • Release of the index for June, 2019 will be on Wednesday, 31st July, 2019.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100

Index
Sector
Weight
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
Apr-May 2018-19
Apr- May 2019-20
Coal
10.3335
104.2
112.6
118.0
121.8
124.9
134.1
122.0
125.1
Crude Oil
8.9833
99.2
98.4
97.0
94.5
93.7
89.8
93.3
86.9
Natural Gas
6.8768
74.5
70.5
67.2
66.5
68.4
69.0
67.9
67.7
Refinery Products
28.0376
108.6
108.8
114.1
119.7
125.2
129.1
125.4
126.9
Fertilizers
2.6276
98.1
99.4
106.4
106.6
106.6
107.0
99.9
97.3
Steel
17.9166
115.8
121.7
120.2
133.1
140.5
147.1
140.4
167.7
Cement
5.3720
111.5
118.1
123.5
122.0
129.7
147.0
147.2
150.9
Electricity
19.8530
110.3
126.6
133.8
141.6
149.2
156.9
159.2
169.7
Overall Index
100.0000
106.5
111.7
115.1
120.5
125.7
131.1
128.1
135.4
Growth Rates (in per cent)
Sector
Weight
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
Apr- May 2018-19
Apr-May 2019-20
Coal
10.3335
1.0
8.0
4.8
3.2
2.6
7.4
13.6
2.5
Crude Oil
8.9833
-0.2
-0.9
-1.4
-2.5
-0.9
-4.1
-1.9
-6.8
Natural Gas
6.8768
-12.9
-5.3
-4.7
-1.0
2.9
0.8
2.0
-0.4
Refinery Products
28.0376
1.4
0.2
4.9
4.9
4.6
3.1
3.9
1.3
Fertilizers
2.6276
1.5
1.3
7.0
0.2
0.03
0.3
6.6
-2.6
Steel
17.9166
7.3
5.1
-1.3
10.7
5.6
4.7
1.4
19.4
Cement
5.3720
3.7
5.9
4.6
-1.2
6.3
13.3
17.3
2.5
Electricity
19.8530
6.1
14.8
5.7
5.8
5.3
5.2
3.1
6.6
Overall Index
100.0000
2.6
4.9
3.0
4.8
4.3
4.3
4.4
5.7
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100

Index
Sector Coal Crude Oil Natural Gas Refinery Products Fertilizers Steel Cement Electricity Overall Index
Weight
10.3335
8.9833
6.8768
28.0376
2.6276
17.9166
5.3720
19.8530
100.0000
May-18
125.2
94.8
68.7
131.6
106.6
142.8
145.3
164.7
131.9
Jun-18
120.0
90.9
67.4
133.8
108.3
143.8
150.7
159.9
131.2
Jul-18
108.1
91.2
68.5
134.1
110.0
140.3
136.0
162.1
129.2
Aug-18
103.8
91.6
70.2
127.7
109.4
144.5
134.5
167.2
128.8
Sep-18
109.8
88.1
67.6
125.8
108.0
143.2
133.9
162.9
127.2
Oct-18
132.9
90.9
70.3
133.8
103.3
150.2
148.4
166.0
134.8
Nov-18
138.4
87.6
68.9
128.9
102.7
144.8
136.5
147.2
128.3
Dec-18
144.1
90.2
72.2
126.6
109.4
152.0
151.0
150.3
131.5
Jan-19
152.5
89.7
71.8
131.9
116.6
153.0
156.1
150.7
134.5
Feb-19
153.8
80.8
64.4
120.0
104.8
148.6
149.1
137.7
125.9
Mar-19
201.7
89.9
70.7
135.9
111.5
163.4
173.2
160.1
145.2
Apr-19
122.6
85.6
66.6
124.3
89.0
164.3
152.5
162.9
132.1
May-19
127.5
88.2
68.7
129.6
105.5
171.1
149.3
176.6
138.7
Growth Rates (in per cent)
Sector Coal Crude Oil Natural Gas Refinery Products Fertilizers Steel Cement Electricity Overall Index
Weight
10.3335
8.9833
6.8768
28.0376
2.6276
17.9166
5.3720
19.8530
100.0000
May-18
12.0
-2.9
-1.4
4.9
8.4
-0.1
13.0
4.1
4.1
Jun-18
11.5
-3.4
-2.7
12.1
1.0
4.2
14.2
8.4
7.8
Jul-18
9.8
-5.4
-5.2
12.3
1.3
6.9
11.2
6.7
7.3
Aug-18
2.4
-3.7
1.0
5.1
-5.3
4.0
14.6
7.6
4.7
Sep-18
6.4
-4.2
-1.7
2.5
2.5
3.2
11.8
8.2
4.3
Oct-18
11.3
-5.0
-0.9
1.3
-11.5
2.4
18.4
10.9
4.8
Nov-18
3.7
-3.5
0.5
2.3
-8.1
5.3
8.8
5.1
3.3
Dec-18
1.1
-4.3
4.2
-4.8
-2.4
10.1
11.6
4.4
2.1
Jan-19
2.0
-4.3
6.2
-2.6
10.5
5.5
11.0
0.8
1.5
Feb-19
7.4
-6.1
3.8
-0.8
2.5
4.9
8.0
1.2
2.2
Mar-19
9.1
-6.2
1.4
4.3
4.3
6.7
15.7
2.1
4.9
Apr-19
3.2
-6.7
-0.8
4.3
-4.4
19.0
2.3
5.9
6.3
May-19
1.8
-6.9
0.0
-1.5
-1.0
19.9
2.8
7.2
5.1

Index of Eight Core Industries (Base: 2011-12=100) March, 2019


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