Tuesday, 1 April 2014

Index of Eight Core Industries (Base: 2004-05=100), February, 2014

The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.
The Eight Core Industries have a combined weight of 37.90 % in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 156.7 in February, 2014, which was 4.5 % higher compared to the index of February, 2013. Its cumulative growth during April-February, 2013-14 was 2.6 %.
Coal
Coal production (weight: 4.38 %) increased by 0.1 % in February, 2014 over February, 2013. Its cumulative index during April to February, 2013-14 increased by 0.9 % over corresponding period of previous year.
Crude Oil
Crude Oil production (weight: 5.22 %) increased by 1.9 % in February, 2014 over February, 2013. The cumulative index of Crude Oil during April to February, 2013-14 declined by 0.1 % over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 1.71 %) declined by 4.4 % in February, 2014 over February, 2013. Its cumulative index during April to February, 2013-14 declined by 13.3 % over the corresponding period of previous year.
Petroleum Refinery Products (0.93% of Crude Throughput)[1]
Petroleum refinery production (weight: 5.94%) registered a growth of 3.2 % in February, 2014 over February, 2013 and its cumulative index during April to February, 2013-14 increased by 1.6 % over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 1.25%) declined by 0.7 % in February, 2014 over February, 2013. However, it registered a cumulative growth of 2.2 % during April to February, 2013-14 over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) recorded a growth rate of 4.8 % in February, 2014 over February, 2013. The cumulative growth during April to February, 2013-14 was 4.2 over the corresponding period of previous year.
Cement
Cement production (weight: 2.41%) increased by 2.3 % in February, 2014 over February, 2013 and its cumulative growth during April to February, 2013-14 was 3.3 % over the corresponding period of previous year.
Electricity
Electricity generation (weight: 10.32%) increased by 10.4 % in February, 2014 over the period of February, 2013 and it registered a cumulative growth of 5.7 % during April to February, 2013-14 over the corresponding period of previous year.
Note: Data are provisional. Revision has been made based on revised data obtained for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Products, Steel and Cement.

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