Index of Eight Core Industries touches 180.1 in February
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 180.1 in February, 2017, which was 1.0 % higher compared to the index of February, 2016. Its cumulative growth during April to February, 2016-17 was 4.4 %," read a government statement.
Coal
Coal production (weight: 4.38 %) increased by 7.1 % in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 2.8 % over corresponding period of previous year.
Crude Oil
Crude Oil production (weight: 5.22 %) declined by 3.4 % in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 declined by 2.8 % over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 1.71 %) declined by 1.7 % in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 declined by 1.9 % over the corresponding period of previous year.
Refinery Products (93% of Crude Throughput)
Petroleum Refinery production (weight: 5.94%) declined by 2.3 % in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 5.9 % over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 1.25%) declined by 5.3 % in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 2.1 % over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) increased by 8.7 % in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 9.1 % over the corresponding period of previous year.
Cement
Cement production (weight: 2.41%) declined by 15.8 % in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 declined by 0.7 % over the corresponding period of previous year.
Electricity
Electricity generation (weight: 10.32%) increased by 1.5 % in February, 2017 over February, 2016. Its cumulative index during April to February, 2016-17 increased by 5.0 % over the corresponding period of previous year.
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