Index of Eight Core Industries (Base: 2004-05=100), October, 2013

2-12-2013

Contents

Index of Eight Core Industries (Base: 2004-05=100), October, 2013

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 155.2 in October, 2013, which was 0.6 % lower compared to the index of October, 2012.

Coal

Coal production (weight: 4.38 %) declined by 3.9 % in October, 2013 over October, 2012. However, its cumulative index during April to October, 2013-14 increased by 1.3 % over corresponding period of previous year.

Crude Oil

Crude Oil production (weight: 5.22 %) moderated by 0.8 % in October, 2013 over October, 2012. The cumulative index of Crude Oil during April to October, 2013-14 moderated by 1.2 % over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 1.71 %) declined by 13.6 % in October, 2013 over October, 2012. Its cumulative index during April to October, 2013-14 declined by 16.1 % over the corresponding period of previous year.

Petroleum Refinery Products (0.93 % of Crude Throughput)

Petroleum refinery production (weight: 5.94 %) moderated by 4.8 % in October, 2013 over October, 2012. Its cumulative index during April to October, 2013-14 increased by 3.7 % over the corresponding period of previous year.

Fertilizers

Fertilizer production (weight: 1.25 %) registered a growth of 4.1 % in October, 2013 over October, 2012 and it registered a cumulative growth of 2.7 % during April to October, 2013-14 over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68 %) recorded a growth rate of 3.5 % in October, 2013 over October, 2012. The cumulative growth during April to October, 2013-14 was 4.4 % over the corresponding period of previous year.

Cement

Cement production (weight: 2.41 %) increased by 1.0 % in October, 2013 over October, 2012 and its cumulative growth during April to October, 2013-14 was 4.0 % over the corresponding period of previous year.

Electricity

Electricity generation (weight: 10.32 %) increased by 1.3 % in October, 2013 over the period of October, 2012 and it registered a cumulative growth of 4.8 % during April to October, 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 and Cement.

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2004-05=100

(Weight in IIP: 37.90 %)

Index
Sector	Weight	2007-08	2008-09	2009-10	2010-11	2011-12	2012-13	Apr-Oct 2012-13	Apr-Oct 2013-14
Coal	4.379	119.9	129.5	140.0	139.7	141.5	146.8	129.5	131.3
Crude Oil	5.216	100.4	98.6	99.1	111.0	112.1	111.4	112.4	111.1
Natural Gas	1.708	102.1	103.4	149.5	164.4	149.7	128.1	133.8	112.2
Refinery Products	5.939	122.8	126.5	125.9	129.7	133.7	160.0	169.3	175.7
Fertilizers	1.254	95.5	91.8	103.4	103.4	103.8	100.2	98.7	101.4
Steel	6.684	128.9	131.4	139.3	157.7	174.0	178.4	174.7	182.4
Cement	2.406	132.5	142.1	157.1	164.2	175.2	188.6	180.6	187.9
Electricity	10.316	119.9	123.2	130.8	138.1	149.3	155.3	155.9	163.4
Overall Index	37.903	118.5	121.8	129.9	138.4	145.3	152.1	151.0	155.0

Growth Rate (in %)
Sector	Weight	2007-08	2008-09	2009-10	2010-11	2011-12	2012-13	Apr-Oct 2012-13	Apr-Oct 2013-14
Coal	4.379	6.3	8.0	8.1	-0.2	1.3	3.8	9.7	1.3
Crude Oil	5.216	0.4	-1.8	0.5	11.9	1.0	-0.6	-0.7	-1.2
Natural Gas	1.708	2.1	1.3	44.6	10.0	-8.9	-14.5	-12.8	-16.1
Refinery Products	5.939	6.5	3.0	-0.4	3.0	3.1	19.6	29.7	3.7
Fertilizers	1.254	-7.9	-3.9	12.7	0.0	0.4	-3.4	-4.5	2.7
Steel	6.684	6.8	1.9	6.0	13.2	10.3	2.5	1.4	4.4
Cement	2.406	8.1	7.2	10.5	4.5	6.7	7.7	8.8	4.0
Electricity	10.316	6.3	2.7	6.2	5.6	8.1	4.0	4.9	4.8
Overall Index	37.903	5.2	2.8	6.6	6.6	5.0	4.7	6.8	2.6

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2004-05=100

(Weight in IIP: 37.90 %)

Index
Sector	Coal	Crude Oil	Natural Gas	Refinery Products	Fertilizers	Steel	Cement	Electricity	Overall Index
Weight	4.38	5.22	1.71	5.94	1.25	6.68	2.41	10.32	37.90
Oct-12	141.0	113.1	129.5	182.2	108.6	175.4	186.2	160.4	156.2
Nov-12	144.8	109.7	123.3	145.2	106.9	175.6	164.5	149.1	145.7
Dec-12	167.7	113.2	125.9	146.7	105.8	184.6	201.0	157.5	155.3
Jan-13	177.0	111.8	122.5	151.5	102.9	186.4	212.0	160.6	158.5
Feb-13	161.7	101.6	109.0	139.4	98.6	176.3	195.7	140.5	144.4
Mar-13	204.1	113.9	119.9	152.0	98.0	194.3	226.1	164.1	165.0
Apr-13	138.7	109.7	113.4	169.2	78.7	173.1	203.9	159.1	152.1
May-13	137.7	112.0	113.7	176.6	85.5	185.7	198.9	172.3	159.2
Jun-13	128.9	110.3	111.2	172.2	100.6	180.9	184.2	154.9	151.2
Jul-13	127.2	112.3	113.6	180.7	107.1	187.9	178.7	164.4	156.4
Aug-13	121.5	112.3	112.5	182.9	110.5	185.1	170.6	162.3	154.5
Sep-13	129.4	108.8	109.1	174.5	114.4	182.8	190.8	168.5	156.2
Oct-13	135.5	112.3	111.9	173.5	113.0	181.5	188.0	162.5	155.2

Growth Rate (in %)
Sector	Coal	Crude Oil	Natural Gas	Refinery Products	Fertilizers	Steel	Cement	Electricity	Overall Index
Weight	4.38	5.22	1.71	5.94	1.25	6.68	2.41	10.32	37.90
Oct-12	11.6	-0.4	-14.9	46.3	2.0	-4.7	6.8	5.6	7.8
Nov-12	-4.4	0.8	-15.2	6.6	5.0	7.8	-0.4	2.4	2.2
Dec-12	-0.2	1.0	-14.9	5.0	-3.8	3.6	9.5	5.2	2.9
Jan-13	2.3	-0.2	-16.8	10.5	-9.1	1.9	10.2	6.3	3.7
Feb-13	-8.0	-4.0	-20.1	4.3	-4.0	0.5	3.1	-3.7	-2.4
Mar-13	0.3	0.2	-17.7	5.6	3.6	6.6	8.3	3.5	3.2
Apr-13	3.1	-1.2	-17.4	6.1	-2.4	1.9	5.2	3.5	2.3
May-13	-3.3	-2.4	-18.7	5.5	-2.0	4.0	2.4	6.2	2.3
Jun-13	-3.0	-0.6	-16.7	2.3	11.3	3.4	2.3	-1.2	0.1
Jul-13	1.2	-2.3	-16.1	5.1	0.4	7.0	0.8	5.2	3.1
Aug-13	5.5	-1.5	-16.1	4.9	1.7	4.3	5.5	6.7	3.7
Sep-13	12.5	0.6	-14.1	8.0	5.3	6.6	11.5	12.6	8.0
Oct-13	-3.9	-0.8	-13.6	-4.8	4.1	3.5	1.0	1.3	-0.6