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India’s Mar core sector index down 0.1% y-o-y

04 May 2015

May 4: The index of eight core industries, which have a combined weightage of 37.90% in the Index of Industrial Production (IIP), stood at 177.8 in March, 2015, down 0.1% compared to the index of March, 2014.

On a cumulative basis, the eight core sectors during April to March, 2014-15 grew 3.5% over the same period last fiscal.

Coal production (weight: 4.38%) increased by 6.0% in March, 2015 over March, 2014. Its cumulative index during April to March, 2014-15 increased by 8.2% over the corresponding period of the previous year.

Crude oil production (weight: 5.22%) increased by 1.7% in March 2015 over March 2014. Its cumulative index during April to March, 2014-15 declined by 0.9% over the corresponding period of the previous year.

The natural gas production (weight: 1.71%) declined by 1.5% in March 2015. Its cumulative index during April to March, 2014-15 declined by 5.2% over the corresponding period of the previous year.

Petroleum refinery production (weight: 5.94%) declined by 1.3% in March, 2015. Its cumulative index during April to March, 2014-15 increased by 0.4% over the corresponding period of the previous year.

Fertiliser production (weight: 1.25%) increased by 5.2% in March, 2015. Its cumulative index during April to March, 2014-15 declined by 0.1% over the corresponding period of the previous year.

Steel production (weight: 6.68%) declined by 4.4% in March, 2015. Its cumulative index during April to March, 2014-15 increased by 0.5%over the corresponding period of the previous year.

Cement production (weight: 2.41%) declined by 4.2% in March, 2015. Its cumulative index during April to March, 2014-15increased by 5.6% over the corresponding period of the previous year.

Electricity generation (weight: 10.32%) increased by 1.7% in March, 2015. Its cumulative index during April to March, 2014-15 increased by 8.0% over the corresponding period of the previous year.