June eight core industries' output slows down
" The Eight Core Industries comprise 40.27 % of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 121.0 in June, 2017, which was 0.4 % higher compared to the index of June, 2016. Its cumulative growth during April to June, 2017-18 was 2.4 %," read a government statement.
Coal
Coal production (weight: 10.33 %) declined by 6.7% in June, 2017 over June, 2016. Its cumulative index declined by 4.4% during April to June, 2017-18 over corresponding period of the previous year.
Crude Oil
Crude Oil production (weight: 8.98 %) increased by 0.6 % in June, 2017 over June, 2016. Its cumulative index increased by 0.2 % during April to June, 2017-18 over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 6.88 %) increased by 6.4 % in June, 2017 over June, 2016. Its cumulative index increased by 4.3 % during April to June, 2017-18 over the corresponding period of previous year.
Refinery Products
Petroleum Refinery production (weight: 28.04%) declined by 0.2 % in June, 2017 over June, 2016. Its cumulative index increased by 1.8 % during April to June, 2017-18 over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 2.63 %) declined by 3.6 % in June, 2017 over June, 2016. Its cumulative index declined by 1.9 % during April to June, 2017-18 over the corresponding period of previous year.
Steel
Steel production (weight: 17.92 %) increased by 5.8 % in June, 2017 over June, 2016. Its cumulative index increased by 6.2 % during April to June, 2017-18 over the corresponding period of previous year.
Cement
Cement production (weight: 5.37%) declined by 5.8 % in June, 2017 over June, 2016. Its cumulative index declined by 2.9 % during April to June, 2017-18 over the corresponding period of previous year.
Electricity
Electricity generation (weight: 19.85%) increased by 0.7 % in June, 2017 over June, 2016. Its cumulative index increased by 4.9 % during April to June, 2017-18 over the corresponding period of previous year.
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