August core infra grows at 5.8%
The core infrastructure grows to 5.8% (Y-O-Y) in August 2014 as compared to 2.7% (Y-O-Y) in July 2014. The combined index of Eight Core Industries stands at 165.1 in August 2014 with a growth rate of 5.8% in August 2014 as compared to 4.7% in August 2013. Crude oil and Natural gas registered a growth rate of (-) 4.9% and (-) 8.3% respectively in the month of August 2014.
Sector wise trend in monthly production (% growth)
| Sector | Weight in IIP | August’14 | Jul’14 |
| Crude Oil | 5.22 | -4.9 | (-)1 |
| Natural Gas | 1.71 | -8.3 | (-)9 |
| Petroleum Refinery Products | 5.94 | -4.3 | (-)5.5 |
| Coal | 4.38 | 13.4 | 6.2 |
| Fertilizer | 1.25 | -4.3 | (-)4.2 |
| Electricity | 10.32 | 12.6 | 11.2 |
| Cement | 2.41 | 10.3 | 16.5 |
| Steel | 6.68 | 9.1 | (-)3.4 |
| Overall | 37.90 | 5.8 | 2.7 |
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 4.4% during April-August 2014-15 as against 4.2% during the corresponding period of the previous year.
Sector wise trend in production (% growth)
| Sector | Weight | Apr-August 2014-15 | Apr- August2013-14 |
| Crude Oil | 5.22 | (-)1.2 | (-)1.6 |
| Natural Gas | 1.71 | (-)5.8 | (-)17.0 |
| Petroleum Refinery Products | 5.94 | (-)2.7 | 4.6 |
| Coal | 4.38 | 7.2 | 0.2 |
| Fertilizer | 1.25 | 2.8 | 1.8 |
| Electricity | 10.32 | 11.3 | 4.4 |
| Cement | 2.41 | 11.0 | 3.1 |
| Steel | 6.68 | 2.0 | 13.3 |
| Overall | 37.90 | 4.4 | 4.2 |
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
Electricity generation grew by 11.3% during Apr–August 2014-15 as against 4.4% growth during Apr–August 2013-14, while steel production grew by 2.0% during Apr– August 2014-15 as against 13.3% during Apr- August 2013-14. The production in crude oil grew by (-)1.2% during Apr– August 2014-15 as compared to its growth at (-) 1.6% during Apr– August 2013-14, whereas petroleum refinery production registered a growth of (-)2.7% during Apr– August 2014-15 as compared to 4.6% during Apr– August 2013-14. Fertilizer production grew by 2.8% during Apr– August 2014-15 compared to its growth at 1.8% during Apr– August 2013-14 and cement production grew by 11.0% during Apr– August 2014-15 compared to its growth at 3.1% during Apr– August 2013-14.
Trend in growth of steel, cement, electricity, coal and overall (%)
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