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Index of Eight Core Industries up by 3.2 percent

By Niranjan Mudholkar,

Added 02 October 2016

Cumulative growth during April to August, 2016-17 was 4.5%.

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: 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.

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