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Index of Industrial Production of Eight Core Industries for April 2016 released

Jun 1, 2016 16:05 IST

The Index of Industrial Production (IIP) of eight Core Industries for April 2016 was released on 31 May 2016. These eight industries comprise nearly 38 percent of the weight of items included in the Index.

The total of Indices of Eight Core Industries stands at 176.4 in April 2016 which is 8.5 percent more than that of April 2015. Its cumulative growth during April to March 2015-16 was 2.7 percent.

Production & Cumulative Index of Eight Core Industries

Coal:  The production with a weight of 4.38 percent was decreased by 0.9 percent in April 2016 over April 2015. Its cumulative index increased by 4.6 percent.    

Crude Oil: The production with a weight of 5.22 percent was decreased by 2.3 percent in April 2016 over April 2015. Its cumulative index decreased by 1.4 percent.  

Natural Gas: The production with a weight of 1.71 percent was decreased by 6.8 percent in April 2016 over April 2015. Its cumulative index was declined by 4.2 percent.

Refinery Products (93 percent of Crude Throughput): The production with a weight of 5.94 percent was increased by 17.9 percent in April 2016 over April, 2015. Its cumulative index increased by 3.8 percent.

Fertilizers: The production with a weight of 1.25 percent was increased by 7.8 percent in April 2016 over April 2015. Its cumulative index increased by 11.3 percent.

Steel (Alloy + Non-Alloy): The production with a weight of 6.68 percent was increased by 6.1 percent in April 2016 over April 2015. Its cumulative index was declined by 1.4 percent.  

Cement: The production with a weight of 2.41 percent was increased by 4.4 percent in April 2016 over April 2015. Its cumulative index was increased by 4.7 percent.

Electricity: The generation of Electricity with a weight of 10.32 percent was increased by 14.7 percent in April 2016 over April 2015. Its cumulative index increased by 5.2 percent.

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Quick Digest

Who: Index of Industrial Production

What: Released

When: 31 May 2016

Is this article important for exams ? Yes5 People Agreed

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