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June 2016 IIP up by 5.2% over June 2015

By Niranjan Mudholkar,

Added 02 August 2016

Cumulative growth during April to June, 2016-17 was 5.4 %.

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 180.4 in June, 2016, which was 5.2 % higher compared to the index of June, 2015. Its cumulative growth during April to June, 2016-17 was 5.4 %.

Coal: Coal production (weight: 4.38 %) increased by 12.0 % in June, 2016 over June, 2015. Its cumulative index during April to June, 2016-17 increased by 5.4 % over corresponding period of previous year.

Crude Oil: Crude Oil production (weight: 5.22 %) decreased by 4.3 % in June, 2016 over June, 2015. Its cumulative index during April to June, 2016-17 decreased by 3.3 % over the corresponding period of previous year.

Natural Gas: The Natural Gas production (weight: 1.71 %) decreased by 4.5 % in June, 2016 over June, 2015. Its cumulative index during April to June, 2016-17 declined by 6.1 % over the corresponding period of previous year.

Refinery Products (93% of Crude Throughput): Petroleum Refinery production (weight: 5.94%) increased by 3.5 % in June, 2016 over June, 2015. Its cumulative index during April to June, 2016-17 increased by 7.1 % over the corresponding period of previous year.

Fertilizers: Fertilizer production (weight: 1.25%) increased by 9.8 % in June, 2016 over June, 2015. Its cumulative index during April to June, 2016-17 increased by 11.0 % over the corresponding period of previous year.

Steel (Alloy + Non-Alloy): Steel production (weight: 6.68%) increased by 2.4 % in June, 2016 over June, 2015. Its cumulative index during April to June, 2016-17 increased by 3.8 % over the corresponding period of previous year.

Cement: Cement production (weight: 2.41%) increased by 10.3 % in June, 2016 over June, 2015. Its cumulative index during April to June, 2016-17 increased by 5.7 % over the corresponding period of previous year.

Electricity: Electricity generation (weight: 10.32%) increased by 8.1 % in June, 2016 over June, 2015. Its cumulative index during April to June, 2016-17 increased by 9.0 % over the corresponding period of previous year.

Note 1: Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Product, Steel, Cement and Electricity. Accordingly, indices for the month June, 2015 have been revised.

Note 2: Release of the index for July, 2016 will be on Wednesday, 31st August, 2016.

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