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Index of eight core industries up by 6.6%

By Niranjan Mudholkar,

Added 01 December 2016

Cumulative growth during April to October, 2016-17 was 4.9 %.

The Eight Core Industries, which are included in the Index of Industrial Production (IIP), comprise nearly 38 % of the weight of items. The combined Index of these Eight Core Industries stands at 188.1 in October, 2016, which was 6.6 % higher compared to the index of October, 2015. Its cumulative growth during April to October, 2016-17 was 4.9 %.

Coal: Coal production (weight: 4.38 %) declined by 1.6 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 0.7 % over corresponding period of previous year.

Crude Oil: Crude Oil production (weight: 5.22 %) declined by 3.2 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 declined by 3.3 % over the corresponding period of previous year.

Natural Gas: The Natural Gas production (weight: 1.71 %) declined by 1.4 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 declined by 4.0 % over the corresponding period of previous year.

Refinery Products (93% of Crude Throughput): Petroleum Refinery production (weight: 5.94%) increased by 15.1 % in October, 2016 over October, 2015. Its cumulative index during April to October, 2016-17 increased by 8.9 % over the corresponding period of previous year.

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