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IIP of eight core industries up by 5.3 % in Feb 2018

By Niranjan Mudholkar,

Added 03 April 2018

Cumulative growth during April to February 2017-18 was 4.3 per cent.

The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stands at 123.1 in February 2018, which was 5.3 per cent higher as compared to the index of February, 2017. Its cumulative growth during April to February 2017-18 was 4.3 per cent. 

Coal: Coal production (weight: 10.33 per cent) increased by 1.4 per cent in February, 2018 over February, 2017. Its cumulative index increased by 1.6 per cent during April to February, 2017-18 over corresponding period of the previous year.

Crude Oil: Crude Oil production (weight: 8.98 per cent) declined by 2.4 per cent in February 2018 over February, 2017. Its cumulative index declined by 0.8 per cent during April to February 2017-18 over the corresponding period of previous year.

Natural Gas: The Natural Gas production (weight: 6.88 per cent) declined by 1.5 per cent in February, 2018 over February, 2017. Its cumulative index increased by 3.1 per cent during April to February, 2017-18 over the corresponding period of previous year.

Refinery Products: Petroleum Refinery production (weight: 28.04 per cent) increased by 7.8 per cent in February, 2018 over February, 2017. Its cumulative index increased by 4.9 per cent during April to February, 2017-18 over the corresponding period of previous year.

Fertilizers: Fertilizers production (weight: 2.63 per cent) increased by 5.3 per cent in February, 2018 over February, 2017. Its cumulative index declined by 0.2 per cent during April to February, 2017-18 over the corresponding period of previous year.

Steel: Steel production (weight: 17.92 per cent) increased by 5.0 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.9 per cent during April to February, 2017-18 over the corresponding period of previous year.

Cement: Cement production (weight: 5.37 per cent) increased by 22.9 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.7 per cent during April to February, 2017-18 over the corresponding period of previous year.

Electricity: Electricity generation (weight: 19.85 per cent) increased by 4.0 per cent in February, 2018 over February, 2017. Its cumulative index increased by 5.2 per cent during April to February, 2017-18 over the corresponding period of previous year.

END

Note 1: Data for December, 2017, January, 2018 and February, 2018 are provisional.

Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.

Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.

Note 4: Release of the index for March, 2018 will be on Tuesday, 1st May, 2018.

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