Index of Eight Core Industries November 2018 | Labour Law News

Index of Eight Core Industries November 2018

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Index of Eight Core Industries (Base: 2011-12=100) November, 2018

1.       The summary of the Index of Eight Core Industries (base: 2011-12).

2.     The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stood at 128.5 in November, 2018, which was 3.5per centhigheras compared to the index of November, 2017. Its cumulative growth during April to November, 2018-19was 5.1per cent.

Coal

3.       Coal production (weight: 10.33per cent)increased by 3.7 per cent in November, 2018 over November, 2017. Its cumulative index increased by 9.0 per centduring April to November, 2018-19over corresponding period of the previous year.

Crude Oil

4.     Crude Oil production (weight: 8.98per cent) declinedby 3.5 per cent in November, 2018 over November, 2017. Its cumulative index declined by 3.6 per centduring April to November, 2018-19over the corresponding period of previous year.

Natural Gas

5.       The Natural Gas production (weight: 6.88per cent) increased by 0.5per cent in November, 2018 over November, 2017. Its cumulative index declined by 0.7 per centduring April to November, 2018-19 over the corresponding period of previous year.

Refinery Products

6.       Petroleum Refinery production (weight: 28.04per cent) increased by 2.3 per cent in November, 2018 over November, 2017. Its cumulative index increased by 5.3 per centduring April to November, 2018-19over the corresponding period of previous year.

Fertilizers

7.       Fertilizers production (weight: 2.63 per cent) declined by 8.1 per cent in November, 2018 over November, 2017. Its cumulative index declined by 1.3 per centduring April to November, 2018-19 over the corresponding period of previous year.

Steel

8.       Steel production (weight: 17.92per cent)increasedby 6.0 per cent in November, 2018 over November, 2017. Its cumulative index increased by 3.7per centduring April to November, 2018-19 over the corresponding period of previous year.

Cement

9.       Cement production (weight: 5.37per cent) increasedby 8.8per cent in November, 2018over November, 2017. Its cumulative index increased by 14.2per centduring April to November, 2018-19over the corresponding period of previous year.

Electricity

10.     Electricity generation (weight: 19.85per cent) increased by5.4 per centin November, 2018over November, 2017. Its cumulative indexincreased by6.7per cent duringApril to November, 2018-19over the corresponding period of previous year.

Note 1: Data for September, 2018, October, 2018 and November, 2018are provisional.

Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.

Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.

Note 4: Release of the index for December, 2018 will be on Thursday, 31st January, 2019.

Source: PIB

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