India's eight core sectors grow by 5.1% in May

India's eight core sectors grow by 5.1% in May

India's eight core sectors grow by 5.1% in May

The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

The combined Index of Eight Core Industries stood at 138.7 in May, 2019, which was 5.1 per cent higher as compared to the index of May, 2018. Its cumulative growth during April to May, 2019-20 was 5.7 per cent.

Coal

Coal production (weight: 10.33 per cent) increased by 1.8 per cent in May, 2019 over May, 2018. Its cumulative index increased by 2.5 per cent during April to May, 2019-20 over corresponding period of the previous year.

Crude Oil

Crude Oil production (weight: 8.98 per cent) declined by 6.9 per cent in May, 2019 over May, 2018. Its cumulative index declined by 6.8 per cent during April to May, 2019-20 over the corresponding period of the previous year.

Natural Gas

The Natural Gas production (weight: 6.88 per cent) growth stood at 0.0 per cent in May, 2019 over May, 2018. Its cumulative index declined by 0.4 per cent during April to May, 2019-20 over the corresponding period of the previous year.

Refinery Products

Petroleum Refinery production (weight: 28.04 per cent) declined by 1.5 per cent in May, 2019 over May, 2018. Its cumulative index increased by 1.3 per cent during April to May, 2019-20 over the corresponding period of the previous year.

Fertilizers

Fertilizer production (weight: 2.63 per cent) declined by 1.0 per cent in May, 2019 over May, 2018. Its cumulative index declined by 2.6 per cent during April to May, 2019-20 over the corresponding period of the previous year. 

Steel

Steel production (weight: 17.92 per cent) increased by 19.9 per cent in May, 2019 over May, 2018. Its cumulative index increased by 19.4 per cent during April to May, 2019-20 over the corresponding period of the previous year.

Cement

Cement production (weight: 5.37 per cent) increased by 2.8 per cent in May, 2019 over May, 2018. Its cumulative index increased by 2.5 per cent during April to May, 2019-20 over the corresponding period of the previous year.

Electricity

Electricity generation (weight: 19.85 per cent) increased by 7.2 per cent in May, 2019 over May, 2018. Its cumulative index increased by 6.