India’s eight core sector output slips to 2.1% in July

The combined Index of Eight Core Industries stood at 131.9 in July 2019, which was 2.1% higher as compared to the index of July 2018. Its cumulative growth during April to July, 2019-20 was 3%.

Sep 03, 2019 07:09 IST India Infoline News Service

Eight Core Industries
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 stood at 131.9 in July 2019, which was 2.1% higher as compared to the index of July 2018. Its cumulative growth during April to July, 2019-20 was 3%.

Coal production (weight: 10.33%) declined by 1.4% in July, 2019 over July, 2018. Its cumulative index increased by 1.8% during April to July, 2019-20 over corresponding period of the previous year.

Crude Oil production (weight: 8.98%) declined by 4.4% in July, 2019 over July, 2018. Its cumulative index declined by 6.2% during April to July, 2019-20 over the corresponding period of previous year.

The Natural Gas production (weight: 6.88%) declined by 0.5% in July, 2019 over July, 2018. Its cumulative index declined by 0.8% during April to July, 2019-20 over the corresponding period of previous year.

Petroleum Refinery production (weight: 28.04%) declined by 0.9% in July, 2019 over July, 2018. Its cumulative index declined by 2% during April to July, 2019-20 over the corresponding period of previous year.

Fertilizers production (weight: 2.63%) increased by 1.5% in July, 2019 over July, 2018. Its cumulative index declined by 0.4% during April to July, 2019-20 over the corresponding period of previous year.

Steel production (weight: 17.92%) increased by 6.6% in July, 2019 over July, 2018. Its cumulative index increased by 10.9% during April to July, 2019-20 over the corresponding period of previous year.

Cement production (weight: 5.37%) increased by 7.9% in July, 2019 over July, 2018. Its cumulative index increased by 2.7% during April to July, 2019-20 over the corresponding period of previous year.

Electricity generation (weight: 19.85%) increased by 4.2% in July, 2019 over July, 2018. Its cumulative index increased by 6.4% during April to July, 2019-20 over the corresponding period of previous year.

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