Eight core sector recorded 2.1% growth in April-July 2015
The Eight Core Industries, carrying 38% weight in the Index of Industrial Production (IIP), recorded 1.1% growth in July 2015, showing moderation from 3% growth recorded in the previous month. Its cumulative growth during April to July, 2015-16 was 2.1%.Coal production (weight: 4.38%) increased by 0.3% in July, 2015 over July, 2014. Its cumulative index during April to July, 2015-16 increased by 5.7% over corresponding period of previous year.
Crude Oil production (weight: 5.22%) declined by 0.4% in July, 2015 over July, 2014. Its cumulative index during April to July, 2015-16 declined by 0.7% over the corresponding period of previous year.
The Natural Gas production (weight: 1.71%) declined by 4.4% in July, 2015. Its cumulative index during April to July, 2015-16 declined by 4.2% over the corresponding period of previous year.
Petroleum Refinery production (weight: 5.94%) increased by 2.9% in July, 2015. Its cumulative index during April to July, 2015-16 increased by 3.9% over the corresponding period of previous year.
Fertilizer production (weight: 1.25%) increased by 8.6% in July, 2015. Its cumulative index during April to July, 2015-16 increased by 4.1% over the corresponding period of previous year.
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Steel production (weight: 6.68%) declined by 2.6% in July, 2015. Its cumulative index during April to July, 2015-16 increased by 1.4% over the corresponding period of previous year.
Cement production (weight: 2.41%) increased by 1.3% in July, 2015. Its cumulative index during April to July, 2015-16 increased by 1.0% over the corresponding period of previous year.
Electricity generation (weight: 10.32%) increased by 3.5% in July, 2015. Its cumulative index during April to July, 2015-16 increased by 2.0% over the corresponding period of previous year.
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