The core infrastructure grows to 3% (Y-O-Y) in June 2015 as compared to 4.4% (Y-O-Y) in May 2015. The combined index of Eight Core Industries stands at 171.2 in June 2015 with a growth rate of 3.0% in June 2015 as compared to 4.4% in May 2014. Crude oil and Natural gas registered a growth rate of (-)0.7% and (-)5.9% respectively in the month of June 2015.
Sector wise trend in monthly production (% growth) Sector | Weight in IIP | June’15 | May’15 | Crude Oil | 5.22 | -0.7 | 0.8 | Natural Gas | 1.71 | -5.9 | -3.1 | Petroleum Refinery Products | 5.94 | 7.5 | 7.9 | Coal | 4.38 | 6.3 | 7.8 | Fertilizer | 1.25 | 5.8 | 1.3 | Electricity | 10.32 | 0.2 | 5.5 | Cement | 2.41 | 2.6 | 2.6 | Steel | 6.68 | 4.9 | 2.6 | Overall | 37.90 | 3.0 | 4.4 |
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
In cumulative terms, core infrastructure industries registered a growth of 2.4% during April- June 2015-16 as against 6.0% during the corresponding period of the previous year.
Sector wise trend in production (% growth) Sector | Weight | Apr-June 2015-16 | Apr- June 2014-15 | Crude Oil | 5.22 | -0.9 | -0.1 | Natural Gas | 1.71 | -4.2 | -3.9 | Petroleum Refinery Products | 5.94 | 4.2 | -1.3 | Coal | 4.38 | 7.3 | 6.6 | Fertilizer | 1.25 | 2.4 | 8.6 | Electricity | 10.32 | 1.5 | 11.3 | Cement | 2.41 | 0.9 | 9.6 | Steel | 6.68 | 2.8 | 7.2 | Overall | 37.90 | 2.4 | 6.0 |
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
Electricity generation grew by 1.5% during Apr–June2015-16 as against 11.3% growth during Apr– June 2014-15, while steel production grew by 2.8% during Apr– June 2015-16 as against 7.2% during Apr- June 2014-15. The production in crude oil grew by (-)0.9% during Apr– June2015-16 as compared to its growth at (-)0.1% during Apr–June 2014-15, whereas petroleum refinery production registered a growth of 4.2% during Apr–June 2015-16 as compared to (-)1.3% during Apr– June 2014-15. Fertilizer production grew by 2.4% during Apr– June 2015-16 compared to its growth at 8.6% during Apr–June 2014-15 and cement production grew by 0.9% during Apr– June 2015-16 compared to its growth at 9.6% during Apr– June 2014-15.
Trend in growth of steel, cement, electricity, coal and overall (%) Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
|