The core infrastructure stands to 5.2% (Y-O-Y) in June 2016 in comparison to 2.8% in May, 2016. The combined Index of Eight Core Industries stands at 180.4 in June 2016 with a growth of 5.2% as compared to 3.1% in June 2015. Crude Oil and Natural gas registered a growth rate of (-)4.3% and (-)4.5% respectively in the month of June 2016.
Table 1: Sector wise trend in monthly production (% growth)
Sector
|
Weight in IIP
|
June’16
|
May’16
|
Crude Oil
|
5.22
|
-4.3
|
-3.3
|
Natural Gas
|
1.71
|
-4.5
|
-6.9
|
Petroleum Refinery Products
|
5.94
|
3.5
|
1.2
|
Coal
|
4.38
|
12
|
5.5
|
Fertilizer
|
1.25
|
9.8
|
14.8
|
Electricity
|
10.32
|
8.1
|
4.6
|
Cement
|
2.41
|
10.3
|
2.4
|
Steel
|
6.68
|
2.4
|
3.2
|
Overall
|
37.9
|
5.2
|
2.8
|
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 5.4% during April-June 2016-17 as against 2.5% during the corresponding period of the previous year.
Table 2: Sector wise trend in production (% growth)
Sector
|
Weight
|
April-June 2016-17
|
April-June 2015-16
|
Crude Oil
|
5.22
|
-3.3
|
-0.8
|
Natural Gas
|
1.71
|
-6.1
|
-4.2
|
Petroleum Refinery Products
|
5.94
|
7.1
|
4.2
|
Coal
|
4.38
|
5.4
|
7
|
Fertilizer
|
1.25
|
11
|
2.4
|
Electricity
|
10.32
|
9
|
2.3
|
Cement
|
2.41
|
5.7
|
1.4
|
Steel
|
6.68
|
3.8
|
2.1
|
Overall
|
37.9
|
5.4
|
2.5
|
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 (%)
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
Warm regards,
Dr. S P Sharma
Chief Economist & Director-Research
------------------------------------------------
PHD Chamber of Commerce and Industry
PHD House, 4/2 Siri Institutional Area
August Kranti Marg, New Delhi-110016
Ph.: + 91-11-26863801-04, 49545454 Ext (135)
Fax: +91- 26855450, 49545451
| 
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