Core sectors output increased 3.3% in April-May 2014
The output of Eight Core Industries, having a combined weight of 37.90% in the Index of Industrial Production (IIP), has recorded an increase of 2.3% in May 2013. The output has shown an increase of 3.3% for April-May 2014.Coal production (weight: 4.38%) increased 5.5% in May 2014 over May 2013. Its cumulative index during April-May 2014 increased 4.4% over corresponding period of previous year.
Crude Oil production (weight: 5.22%) declined 0.3% in May 2014 over May 2013. The cumulative production of Crude Oil declined 0.2% during April-May 2014 over the corresponding period of previous year.
The Natural Gas production (weight: 1.71%) declined 2.2% in May 2014 over May 2013. Its cumulative index declined 5.0% during April-May 2014 over the corresponding period of previous year.
Petroleum refinery production (weight: 5.94%) declined 2.3% in May 2014 over May 2013. Its cumulative index declined 2.2% during April-May 2014 over the corresponding period of previous year.
Fertilizer production (weight: 1.25%) surged 17.6% in May 2014 over May 2013. It registered a cumulative growth of 14.5% during April-May 2014 over the corresponding period of previous year.
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Steel production (weight: 6.68%) declined 2.0% in May 2014 over May 2013. While, its cumulative index increased 0.3% during April-May 2014 over the corresponding period of previous year.
Cement production (weight: 2.41%) increased 8.7% in May 2014 over May 2013. Its cumulative growth was 7.7% during April-May 2014 over the corresponding period of previous year.
Electricity generation (weight: 10.32%) increased 6.3% in May 2014 over the period of May 2013 and it registered a cumulative growth of 8.7% during April-May 2014 over the corresponding period of previous year.
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