Eight core industries output up 1% in February 2017

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Capital Market
Last Updated : Mar 31 2017 | 5:28 PM IST

Cumulative output growth stood at 4.4% in April to February 2016-17

The output of eight Core Industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP) rose at moderated pace of 1.0% in February 2017, compared with 3.4% growth recorded in January 2017. The cumulative output growth stood at 4.4% in April to February 2016-17.

Coal production (weight: 4.38%) increased by 7.1% in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 2.8% over corresponding period of previous year.

Crude Oil production (weight: 5.22%) declined by 3.4% in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 declined by 2.8% over the corresponding period of previous year.

The Natural Gas production (weight: 1.71%) declined by 1.7% in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 declined by 1.9% over the corresponding period of previous year.

Petroleum Refinery production (weight: 5.94%) declined by 2.3% in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 5.9% over the corresponding period of previous year.

Fertilizer production (weight: 1.25%) declined by 5.3% in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 2.1% over the corresponding period of previous year.

Steel production (weight: 6.68%) increased by 8.7% in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 9.1% over the corresponding period of previous year.

Cement production (weight: 2.41%) declined by 15.8% in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 declined by 0.7% over the corresponding period of previous year.

Electricity generation (weight: 10.32%) increased by 1.5% in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 5.0% over the corresponding period of previous year.

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First Published: Mar 31 2017 | 5:05 PM IST

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