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The mixed Index of Eight Core Industries (ICI) elevated by 8.2 per cent (provisional) in June 2023 as in comparison with the Index of June 2022. The manufacturing of Metal, Coal, Cement, Refinery Merchandise, Pure Fuel, Fertilizers and Electrical energy elevated in June 2023 over the corresponding month of final yr. ICI measures mixed and particular person efficiency of manufacturing of eight core industries viz. Coal, Crude Oil, Pure Fuel, Refinery Merchandise, Fertilizers, Metal, Cement and Electrical energy. The Eight Core Industries comprise 40.27 p.c of the burden of things included within the Index of Industrial Manufacturing (IIP). Particulars of annual and month-to-month indices and development charges are offered at Annex I & II respectively.
Remaining development fee of Index of Eight Core Industries for March 2023 is revised to 4.2 per cent from its provisional degree 3.6 per cent. The cumulative development fee of ICI throughout the quarter April to June, 2023-24 reported 5.8 per cent (provisional) as in comparison with the corresponding interval of final yr.
The abstract of the Index of Eight Core Industries is given beneath:
Coal – Coal manufacturing (weight: 10.33 per cent) elevated by 9.8 per cent in June, 2023 over June, 2022. Its cumulative index elevated by 8.7 per cent throughout the quarter April to June, 2023-24 over corresponding interval of the earlier yr.
Crude Oil – Crude Oil manufacturing (weight: 8.98 per cent) declined by 0.6 per cent in June, 2023 over June, 2022. Its cumulative index declined by 2.0 per cent throughout the quarter April to June, 2023-24 over the corresponding interval of earlier yr.
Pure Fuel – Pure Fuel manufacturing (weight: 6.88 per cent) elevated by 3.6 per cent in June, 2023 over June, 2022. Its cumulative index elevated by 0.1 per cent throughout the quarter April to June, 2023-24 over the corresponding interval of earlier yr.
Petroleum Refinery Merchandise – Petroleum Refinery manufacturing (weight: 28.04 per cent) elevated by 4.6 per cent in June, 2023 over June, 2022. Its cumulative index elevated by 1.9 per cent throughout the quarter April to June, 2023-24 over the corresponding interval of earlier yr.
Fertilizers – Fertilizer manufacturing (weight: 2.63 per cent) elevated by 3.4 per cent in June, 2023 over June, 2022. Its cumulative index elevated by 11.3 per cent throughout the quarter April to June, 2023-24 over the corresponding interval of earlier yr.
Metal – Metal manufacturing (weight: 17.92 per cent) elevated by 21.9 per cent in June, 2023 over June, 2022. Its cumulative index elevated by 15.9 per cent throughout the quarter April to June, 2023-24 over the corresponding interval of earlier yr.
Cement – Cement manufacturing (weight: 5.37 per cent) elevated by 9.4 per cent in June, 2023 over June, 2022. Its cumulative index elevated by 12.2 per cent throughout the quarter April to June, 2023-24 over the corresponding interval of earlier yr.
Electrical energy – Electrical energy technology (weight: 19.85 per cent) elevated by 3.3 per cent in June, 2023 over June, 2022. Its cumulative index elevated by 1.0 per cent throughout the quarter April to June, 2023-24 over the corresponding interval of earlier yr.
Be aware 1: Knowledge for April 2023, Might 2023 and June 2023 are provisional. Index numbers of Core Industries are revised/ finalized as per up to date knowledge from supply companies.
Be aware 2: Since April 2014, Electrical energy technology knowledge from Renewable sources are additionally included.
Be aware 3: The industry-wise weights indicated above are particular person {industry} weight derived from IIP and blown up on professional rata foundation to a mixed weight of ICI equal to 100.
Be aware 4: Since March 2019, a brand new metal product referred to as Scorching Rolled Pickled and Oiled (HRPO) below the merchandise ‘Chilly Rolled (CR) coils’ inside the manufacturing of completed metal has additionally been included.
Be aware 5: Launch of the index for July, 2023 will probably be on Thursday 31stAugust, 2023.
Efficiency of Eight Core Industries
Yearly Index & Development Price
Base Yr: 2011-12=100
Index
Sector | Coal | Crude Oil | Pure Fuel | Refinery Merchandise | Fertilizers | Metal | Cement | Electrical energy | General Index | |
Weight | 10.33 | 8.98 | 6.88 | 28.04 | 2.63 | 17.92 | 5.37 | 19.85 | 100.00 | |
2012-13 | 103.2 | 99.4 | 85.6 | 107.2 | 96.7 | 107.9 | 107.5 | 104.0 | 103.8 | |
2013-14 | 104.2 | 99.2 | 74.5 | 108.6 | 98.1 | 115.8 | 111.5 | 110.3 | 106.5 | |
2014-15 | 112.6 | 98.4 | 70.5 | 108.8 | 99.4 | 121.7 | 118.1 | 126.6 | 111.7 | |
2015-16 | 118.0 | 97.0 | 67.2 | 114.1 | 106.4 | 120.2 | 123.5 | 133.8 | 115.1 | |
2016-17 | 121.8 | 94.5 | 66.5 | 119.7 | 106.6 | 133.1 | 122.0 | 141.6 | 120.5 | |
2017-18 | 124.9 | 93.7 | 68.4 | 125.2 | 106.6 | 140.5 | 129.7 | 149.2 | 125.7 | |
2018-19 | 134.1 | 89.8 | 69.0 | 129.1 | 107.0 | 147.7 | 147.0 | 156.9 | 131.2 | |
2019-20 | 133.6 | 84.5 | 65.1 | 129.4 | 109.8 | 152.6 | 145.7 | 158.4 | 131.6 | |
2020-21 | 131.1 | 80.1 | 59.8 | 114.9 | 111.6 | 139.4 | 130.0 | 157.6 | 123.2 | |
2021-22 | 142.3 | 77.9 | 71.3 | 125.1 | 112.4 | 163.0 | 156.9 | 170.1 | 136.1 | |
2022-23 | 163.5 | 76.6 | 72.4 | 131.2 | 125.1 | 178.1 | 170.6 | 185.2 | 146.7 | |
Apr-Jun 22-23* | 150.7 | 78.3 | 71.8 | 134.1 | 116.2 | 164.7 | 171.2 | 197.1 | 146.0 | |
Apr-Jun 23-24* | 163.7 | 76.8 | 71.9 | 136.7 | 129.2 | 190.9 | 192.1 | 199.1 | 154.5 | |
*Provisional
Development Charges (on Y-o-Y foundation in per cent)
Sector | Coal | Crude Oil | Pure Fuel | Refinery Merchandise | Fertilizers | Metal | Cement | Electrical energy | General Development |
Weight | 10.33 | 8.98 | 6.88 | 28.04 | 2.63 | 17.92 | 5.37 | 19.85 | 100.00 |
2012-13 | 3.2 | -0.6 | -14.4 | 7.2 | -3.3 | 7.9 | 7.5 | 4.0 | 3.8 |
2013-14 | 1.0 | -0.2 | -12.9 | 1.4 | 1.5 | 7.3 | 3.7 | 6.1 | 2.6 |
2014-15 | 8.0 | -0.9 | -5.3 | 0.2 | 1.3 | 5.1 | 5.9 | 14.8 | 4.9 |
2015-16 | 4.8 | -1.4 | -4.7 | 4.9 | 7.0 | -1.3 | 4.6 | 5.7 | 3.0 |
2016-17 | 3.2 | -2.5 | -1.0 | 4.9 | 0.2 | 10.7 | -1.2 | 5.8 | 4.8 |
2017-18 | 2.6 | -0.9 | 2.9 | 4.6 | 0.03 | 5.6 | 6.3 | 5.3 | 4.3 |
2018-19 | 7.4 | -4.1 | 0.8 | 3.1 | 0.3 | 5.1 | 13.3 | 5.2 | 4.4 |
2019-20 | -0.4 | -5.9 | -5.6 | 0.2 | 2.7 | 3.4 | -0.9 | 0.9 | 0.4 |
2020-21 | -1.9 | -5.2 | -8.2 | -11.2 | 1.7 | -8.7 | -10.8 | -0.5 | -6.4 |
2021-22 | 8.5 | -2.6 | 19.2 | 8.9 | 0.7 | 16.9 | 20.8 | 8.0 | 10.4 |
2022-23 | 14.8 | -1.7 | 1.6 | 4.8 | 11.3 | 9.3 | 8.7 | 8.9 | 7.8 |
Apr-Jun 22-23* | 31.9 | 0.6 | 4.8 | 13.5 | 13.3 | 6.9 | 17.2 | 17.1 | 13.9 |
Apr-Jun 23-24* | 8.7 | -2.0 | 0.1 | 1.9 | 11.3 | 15.9 | 12.2 | 1.0 | 5.8 |
*Provisional. YoY is calculated over the corresponding monetary yr of earlier yr
Efficiency of Eight Core Industries
Month-to-month Index & Development Price
Base Yr: 2011-12=100
Index
Sector | Coal | Crude Oil | Pure Fuel | Refinery Merchandise | Fertilizers | Metal | Cement | Electrical energy | General Index |
Weight | 10.33 | 8.98 | 6.88 | 28.04 | 2.63 | 17.92 | 5.37 | 19.85 | 100.00 |
Jun-22 | 148.0 | 76.9 | 70.9 | 130.3 | 126.4 | 158.2 | 177.4 | 196.9 | 143.9 |
Jul-22 | 132.7 | 77.3 | 72.6 | 129.8 | 127.6 | 166.8 | 155.4 | 188.9 | 141.1 |
Aug-22 | 127.5 | 76.7 | 73.0 | 123.6 | 130.9 | 170.5 | 152.0 | 191.3 | 139.9 |
Sep-22 | 127.5 | 75.2 | 72.1 | 120.2 | 127.0 | 172.8 | 158.7 | 187.4 | 138.6 |
Oct-22 | 145.8 | 77.4 | 73.0 | 123.5 | 129.5 | 177.3 | 155.2 | 169.3 | 138.8 |
Nov-22 | 167.5 | 75.8 | 71.8 | 119.7 | 129.2 | 175.5 | 164.3 | 166.7 | 139.4 |
Dec-22 | 184.4 | 78.2 | 74.5 | 139.3 | 129.9 | 190.9 | 184.8 | 179.4 | 153.4 |
Jan-23 | 198.6 | 78.3 | 75.2 | 142.0 | 135.8 | 199.5 | 184.7 | 186.6 | 158.8 |
Feb-23 | 190.1 | 68.1 | 67.0 | 129.1 | 125.2 | 185.4 | 180.2 | 174.0 | 147.3 |
Mar-23 | 235.5 | 77.3 | 74.6 | 144.7 | 118.1 | 204.4 | 198.4 | 188.0 | 164.7 |
Apr-23* | 161.2 | 75.1 | 69.0 | 132.7 | 118.7 | 189.2 | 191.4 | 192.3 | 150.8 |
Might-23* | 167.6 | 78.8 | 73.3 | 141.1 | 138.2 | 190.7 | 190.8 | 201.6 | 157.1 |
Jun-23* | 162.4 | 76.4 | 73.4 | 136.2 | 130.8 | 192.9 | 194.0 | 203.4 | 155.7 |
*Provisional
Development Charges (on Y-o-Y foundation in per cent)
Sector | Coal | Crude Oil | Pure Fuel | Refinery Merchandise | Fertilizers | Metal | Cement | Electrical energy | General Development |
Weight | 10.33 | 8.98 | 6.88 | 28.04 | 2.63 | 17.92 | 5.37 | 19.85 | 100.00 |
Jun-22 | 32.1 | -1.7 | 1.2 | 15.1 | 8.2 | 3.3 | 19.7 | 16.5 | 13.1 |
Jul-22 | 11.4 | -3.8 | -0.3 | 6.2 | 6.2 | 7.5 | 0.7 | 2.3 | 4.8 |
Aug-22 | 7.7 | -3.3 | -0.9 | 7.0 | 11.9 | 5.8 | 2.1 | 1.4 | 4.2 |
Sep-22 | 12.1 | -2.3 | -1.7 | 6.6 | 11.8 | 7.7 | 12.4 | 11.6 | 8.3 |
Oct-22 | 3.8 | -2.2 | -4.2 | -3.1 | 5.4 | 5.8 | -4.2 | 1.2 | 0.7 |
Nov-22 | 12.3 | -1.1 | -0.7 | -9.3 | 6.4 | 11.5 | 29.1 | 12.7 | 5.7 |
Dec-22 | 12.3 | -1.2 | 2.6 | 3.7 | 7.3 | 12.3 | 9.5 | 10.4 | 8.3 |
Jan-23 | 13.6 | -1.1 | 5.2 | 4.5 | 17.9 | 14.3 | 4.7 | 12.7 | 9.7 |
Feb-23 | 9.0 | -4.9 | 3.1 | 3.3 | 22.2 | 12.4 | 7.4 | 8.2 | 7.4 |
Mar-23 | 11.7 | -2.8 | 2.7 | 1.5 | 9.7 | 12.1 | -0.2 | -1.6 | 4.2 |
Apr-23* | 9.1 | -3.5 | -2.8 | -1.5 | 23.5 | 15.3 | 12.0 | -1.1 | 4.3 |
Might-23* | 7.2 | -1.9 | -0.3 | 2.8 | 9.7 | 10.9 | 15.3 | 0.8 | 5.0 |
Jun-23* | 9.8 | -0.6 | 3.6 | 4.6 | 3.4 | 21.9 | 9.4 | 3.3 | 8.2 |
*Provisional. YoY is calculated over the corresponding month of earlier yr
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