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Eight core industries output rises 5.5% in February 2020

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Capital Market

Cumulative production Rises 1% in April to February 2019-20

The output of Eight Core Industries carrying 40.27% weight in the Index of Industrial Production (IIP) increased by 5.5% in February 2020 while output increased 1% in April to February 2019-20.

Coal production (weight: 10.33%) increased by 10.3% in February 2020 over February 2019. Its cumulative index declined by 1.2% during April to February 2019-20 over corresponding period of the previous year.

Crude Oil production (weight: 8.98%) declined by 6.4% in February 2020 over February 2019. Its cumulative index declined by 6.0%during April to February 2019-20 over the corresponding period of previous year.

 

The Natural Gas production (weight: 6.88%) declinedby9.6% in February 2020 over February 2019. Its cumulative index declined by 4.8%during April to February 2019-20 over the corresponding period of the previous year.

Petroleum Refinery production (weight: 28.04%) increased by7.4% in February 2020 over February 2019. Its cumulative index increased by 0.3%during April to February 2019-20 over the corresponding period of previous year.

Fertilizers production (weight: 2.63%) increased by 2.9% in February 2020 over February 2019. Its cumulative index increased by 4.1% during April to February 2019-20 over the corresponding period of the previous year.

Steel production (weight: 17.92%)declined by 0.4% in February 2020 over February 2019. Its cumulative index increased by 5.0% during April to February 2019-20 over the corresponding period of previous year.

Cement production (weight: 5.37%) increased by 8.6 percent in February 2020 over February 2019. Its cumulative index increased by 1.8 percent during April to February 2019-20 over the corresponding period of previous year.

Electricity generation (weight: 19.85%) increased by11.0% in February 2020 over February 2019. Its cumulative index increased by1.8per percent during April to February 2019-20 over the corresponding period of previous year.

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First Published: Mar 31 2020 | 6:52 PM IST

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