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Dear All,

June core infra grows at 3%


The core infrastructure grows to 3% (Y-O-Y) in June 2015 as compared to 4.4% (Y-O-Y) in May 2015. The combined index of Eight Core Industries stands at 171.2 in June 2015 with a growth rate of 3.0% in June 2015 as compared to 4.4% in May 2014. Crude oil and Natural gas registered a growth rate of (-)0.7% and (-)5.9% respectively in the month of June 2015.

   Sector wise trend in monthly production                                                            (% growth)
Sector
Weight in IIP
June’15
May’15
Crude Oil
5.22
-0.7
0.8
Natural Gas
1.71
-5.9
-3.1
Petroleum Refinery Products
5.94
7.5
7.9
Coal
4.38
6.3
7.8
Fertilizer
1.25
5.8
1.3
Electricity
10.32
0.2
5.5
Cement
2.41
2.6
2.6
Steel
6.68
4.9
2.6
Overall
37.90
3.0
4.4
  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 2.4% during April- June 2015-16 as against 6.0% during the corresponding period of the previous year.

    
    Sector wise trend in production                                                                                   (% growth)  
Sector
Weight
Apr-June 2015-16
Apr- June 2014-15
Crude Oil
5.22
-0.9
-0.1
Natural Gas
1.71
-4.2
-3.9
Petroleum Refinery Products
5.94
4.2
-1.3
Coal
4.38
7.3
6.6
Fertilizer
1.25
2.4
8.6
Electricity
10.32
1.5
11.3
Cement
2.41
0.9
9.6
Steel
6.68
2.8
7.2
Overall
37.90
2.4
6.0
   Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India

Electricity generation grew by 1.5% during Apr–June2015-16 as against 11.3% growth during Apr– June 2014-15, while steel production grew by 2.8% during Apr– June 2015-16 as against 7.2% during Apr- June 2014-15. The production in crude oil grew by (-)0.9% during Apr– June2015-16 as compared to its growth at (-)0.1% during Apr–June 2014-15, whereas petroleum refinery production registered a growth of 4.2% during Apr–June 2015-16 as compared to (-)1.3% during Apr– June 2014-15. Fertilizer production grew by 2.4% during Apr– June 2015-16 compared to its growth at 8.6% during Apr–June 2014-15 and cement production grew by 0.9% during Apr– June 2015-16 compared to its growth at 9.6% during Apr– June 2014-15.


 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

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