August 2017 core infra grows at 4.9%

The core infrastructure grows at 4.9% in August 2017 as against 2.6% in July 2017. The combined Index of Eight Core Industries stands at 123.6 in August, 2017, which was 4.9 % higher compared to the index of August, 2016. Crude Oil and Natural Gas growth stands at -1.6% and 4.2% respectively in the month of August 2017.

Table 1: Sector wise trend in monthly production  (% growth)

Sector

Weight

Aug 17

July’17

Crude Oil

8.98

-1.6

-0.5

Natural Gas

6.88

4.2

6.6

Petroleum Refinery Products

28.04

2.4

-2.7

Coal

10.33

15.3

0.6

Fertilizer

2.63

-0.7

0.2

Electricity

19.85

10.3

6.5

Cement

5.37

-1.3

-2.0

Steel

17.92

3.0

9.2

Overall

100

4.9

2.6

             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 3% during April-August 2017-18 as against 5.4% during the corresponding period of the previous year.

Table 2: Sector wise trend in production  (% growth)

Sector

Weight

April to August 2018

April to August 2017

Crude Oil

8.98

-0.3

-3.1

Natural Gas

6.88

4.8

-3.9

Petroleum Refinery Products

28.04

1.0

7.4

Coal

10.33

-0.2

2.3

Fertilizer

2.63

-1.1

1.7

Electricity

19.85

6.5

6.8

Cement

5.37

-3.3

4.3

Steel

17.92

6.0

8.7

Overall

100

3.0

5.4

              Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India

Trend in growth of steel, cement, electricity, coal and overall  (%)

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