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Index Of Eight Core Industries Grows By 0.6% This Fiscal

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Capital Market

The combined Index of Eight Core Industries stood at 137.5 in January, 2020, which increased by 2.2 % as compared to the index of January, 2019. Its cumulative growth during April, 2019 to January, 2020 was 0.6 %. The Eight Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).

Coal

Coal production (weight: 10.33%) increased by 8% in January, 2020 over January, 2019. Its cumulative index declined by 2.4% during April to January, 2019-20 over corresponding period of the previous year.

Crude Oil

Crude Oil production (weight: 8.98%) declined by 5.3% in January, 2020 over January, 2019. Its cumulative index declined by 6% during April to January, 2019-20 over the corresponding period of previous year.

 

Natural Gas

The Natural Gas production (weight: 6.88%) declined by 9.1% in January, 2020 over January, 2019. Its cumulative index declined by 4.3% during April to January, 2019-20 over the corresponding period of previous year.

Refinery Products

Petroleum Refinery production (weight: 28.04%) increased by 1.9% in January, 2020 over January, 2019. Its cumulative index declined by 0.4% during April to January, 2019-20 over the corresponding period of previous year.

Fertilizers

Fertilizers production (weight: 2.63 %) declined by 0.1 % in January, 2020 over January, 2019. Its cumulative index increased by 4.2 % during April to January, 2019-20 over the corresponding period of previous year.

Steel

Steel production (weight: 17.92%) increased by 2.2% in January, 2020 over January, 2019. Its cumulative index increased by 5.3% during April to January, 2019-20 over the corresponding period of previous year.

Cement

Cement production (weight: 5.37%) increased by 5.0% in January, 2020 over January, 2019. Its cumulative index increased by 1.1% during April to January, 2019-20 over the corresponding period of previous year.

Electricity

Electricity generation (weight: 19.85 %) increased by 2.8 % in January, 2020 over January,2019. Its cumulative index increased by 0.9 % during April to January, 2019-20 over the corresponding period of previous year.

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First Published: Feb 28 2020 | 5:57 PM IST

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