Index of Eight Core Industries eases to 2.4% December 2014

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 172.7 in December, 2014, which was 2.4% higher compared to the index of December, 2013. Its cumulative growth during April to December, 2014-15 was 4.4%.

Coal

Coal production (weight: 4.38%) increased by 7.5% in December, 2014 over December, 2013. Its cumulative index during April to December, 2014-15 increased by 9.1% over corresponding period of previous year.

Crude Oil

Crude Oil production (weight: 5.22%) declined by 1.4% in December, 2014 over December, 2013. The cumulative index of Crude Oil during April to December, 2014-15 declined by 0.9 % over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 1.71%) declined by 3.5% in December, 2014. Its cumulative index during April to December, 2014-15 declined by 5.1% over the corresponding period of previous year.

Refinery Products (0.93% of Crude Throughput)

Petroleum Refinery production (weight: 5.94%) increased by 6.1 % in December, 2014. Its cumulative index during April to December, 2014-15 increased by 0.2 % over the corresponding period of previous year.

Fertilizers

Fertilizer production (weight: 1.25%) declined by 1.6 % in December, 2014. Its cumulative index during April to December, 2014-15 declined by 1.4 % over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) declined by 2.4 % in December, 2014. Its cumulative index during April to December, 2014-15 increased by 1.6 % over the corresponding period of previous year.

Cement

Cement production (weight: 2.41%) increased by 3.8% in December, 2014. Its cumulative growth during April to December, 2014-15 was 7.9% over the corresponding period of previous year.

Electricity

Electricity generation (weight: 10.32%) increased by 3.7% in December, 2014 and it registered a cumulative growth of 9.7% during April to December, 2014-15 over the corresponding period of previous year.

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