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

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

The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure.

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 126.3 in November, 2019, which declined by 1.5 per centas compared to the index of November,2018. Its cumulative growth during April to November,2019-20 was 0.0 per cent.
Index+of+Eight+Core+Industries
Coal

Coal production (weight: 10.33 per cent) declined by 2.5 per cent in November,2019 over November,2018. Its cumulative index declined by 5.3 per cent during April to November,2019-20 over corresponding period of the previous year.

Crude Oil

Crude Oil production (weight: 8.98 per cent) declined by 6.0 per cent in November,2019 over November,2018. Its cumulative index declined by 5.9 per cent during April to November,2019-20 over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 6.88 per cent) declined by 6.4 per cent in November,2019 over November,2018. Its cumulative index declined by 3.1 per cent during April to November,2019-20 over the corresponding period of previous year.

Refinery Products

Petroleum Refinery production (weight: 28.04 per cent)increased by 3.1 per cent in November,2019 over November,2018. Its cumulative index declined by 1.1 per cent during April to November,2019-20 over the corresponding period of previous year.

Fertilizers

Fertilizers production (weight: 2.63 per cent) increased by 13.6 per cent in November,2019 over November,2018. Its cumulative index increased by 4.0 per cent during April to November,2019-20 over the corresponding period of previous year.

Steel

Steel production (weight: 17.92 per cent)declined by 3.7 per cent in November,2019 over November,2018. Its cumulative index increased by 5.2 per cent during April to November,2019-20 over the corresponding period of previous year.

Cement

Cement production (weight: 5.37 per cent) increased by 4.1 per cent in November, 2019 over November,2018. Its cumulative index declined by 0.02 per cent during April to November,2019-20 over the corresponding period of previous year.

Electricity

Electricity generation (weight: 19.85 per cent) declined by 5.7 per cent in November, 2019 over November,2018. Its cumulative index increased by 0.7 per cent during April to November,2019-20 over the corresponding period of previous year.
  • Note 1: Data for September, 2019, October, 2019 and November, 2019 are provisional.
  • Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
  • Note 3: 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.
  • Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.
  • Note 5: Release of the index for December, 2019 will be on Friday, 31st January, 2020.

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-Nov 2018-19
Apr-Nov 2019-20
Coal
10.3335
104.2
112.6
118.0
121.8
124.9
134.1
119.6
113.3
Crude Oil
8.9833
99.2
98.4
97.0
94.5
93.7
89.8
90.9
85.6
Natural Gas
6.8768
74.5
70.5
67.2
66.5
68.4
69.0
68.6
66.5
Refinery Products
28.0376
108.6
108.8
114.1
119.7
125.2
129.1
129.4
128.0
Fertilizers
2.6276
98.1
99.4
106.4
106.6
106.6
107.0
105.2
109.4
Steel
17.9166
115.8
121.7
120.2
133.1
140.5
147.7
143.5
150.9
Cement
5.3720
111.5
118.1
123.5
122.0
129.7
147.0
141.8
141.8
Electricity
19.8530
110.3
126.6
133.8
141.6
149.2
156.9
160.5
161.6
Overall Index
100.0000
106.5
111.7
115.1
120.5
125.7
131.2
129.5
129.4
Growth Rates(in per cent)
Sector
Weight
2013-
14
2014-
15
2015-
16
2016-
17
2017-
18
2018-
19
Apr-Nov 2018-19
Apr-Nov 2019-20
Coal
10.3335
1.0
8.0
4.8
3.2
2.6
7.4
9.0
-5.3
Crude Oil
8.9833
-0.2
-0.9
-1.4
-2.5
-0.9
-4.1
-3.6
-5.9
Natural Gas
6.8768
-12.9
-5.3
-4.7
-1.0
2.9
0.8
-0.7
-3.1
Refinery Products
28.0376
1.4
0.2
4.9
4.9
4.6
3.1
5.3
-1.1
Fertilizers
2.6276
1.5
1.3
7.0
0.2
0.03
0.3
-1.3
4.0
Steel
17.9166
7.3
5.1
-1.3
10.7
5.6
5.1
3.6
5.2
Cement
5.3720
3.7
5.9
4.6
-1.2
6.3
13.3
14.2
-0.02
Electricity
19.8530
6.1
14.8
5.7
5.8
5.3
5.2
6.6
0.7
Overall Growth
100.0000
2.6
4.9
3.0
4.8
4.3
4.4
5.1
0.0
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
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
170.7
173.2
160.1
146.5
Apr-19
122.6
85.6
66.6
124.3
89.0
156.4
152.5
162.8
130.7
May-19
127.3
88.2
68.7
129.6
105.5
161.8
149.3
176.8
137.0
Jun-19
123.5
84.7
66.0
121.4
110.0
159.3
147.9
173.6
132.8
Jul-19
106.4
87.2
68.1
132.9
111.7
151.7
146.5
170.5
132.6
Aug-19
94.8
86.6
67.4
131.0
112.6
150.0
127.7
165.7
128.5
Sep-19
87.3
83.4
64.3
117.5
113.9
141.1
131.3
158.7
120.7
Oct-19
109.6
86.3
66.3
134.2
115.5
147.4
137.0
145.8
127.0
Nov-19
134.9
82.4
64.4
133.0
116.7
139.4
142.0
138.8
126.3

Growth Rates (in per cent)
Sector Coal Crude Oil Natural Gas Refinery Products Fertilizers Steel Cement Electricity Overall Growth
Weight
10.3335
8.9833
6.8768
28.0376
2.6276
17.9166
5.3720
19.8530
100.0000
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
11.5
15.7
2.1
5.8
Apr-19
3.2
-6.7
-0.8
4.3
-4.4
13.3
2.3
5.9
5.2
May-19
1.7
-6.9
-0.1
-1.5
-1.0
13.3
2.8
7.4
3.8
Jun-19
2.9
-6.8
-2.1
-9.3
1.5
10.8
-1.9
8.6
1.2
Jul-19
-1.6
-4.4
-0.5
-0.9
1.5
8.1
7.7
5.2
2.6
Aug-19
-8.6
-5.4
-3.9
2.6
2.9
3.8
-5.1
-0.9
-0.2
Sep-19
-20.5
-5.4
-4.9
-6.6
5.4
-1.5
-2.0
-2.6
-5.1
Oct-19
-17.6
-5.1
-5.7
0.4
11.8
-1.9
-7.7
-12.2
-5.8
Nov-19
-2.5
-6.0
-6.4
3.1
13.6
-3.7
4.1
-5.7
-1.5

Source PIB
*****

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