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Wednesday, March 2, 2011

Macroeconomic indicators - Index of six core industries for January 2011

Wednesday, 02 Mar 2011
The Index of Six core industries having a combined weight of 26.7% in the Index of Industrial Production with base 1993-94 stood at 295.6 (provisional) in January 2011 and registered a growth of 7.1% (provisional) compared to 9.8% registered in January 2010. During April-January 2010-11, six core industries registered a growth of 5.6% (provisional) as against 5.5% during the corresponding period of the previous year.
Crude Oil
Crude Oil production (weight of 4.17% in the IIP) registered a growth of 10.8% (provisional) in January 2011 compared to a growth rate of 9.8% in January 2010. The Crude Oil production registered a growth of 11.9% (provisional) during April to January 2010-11 compared to (-) 0.1% during the same period of 2009-10.
Petroleum Refinery Products
Petroleum refinery production (weight of 2.00% in the IIP) registered a growth of 8.7% (provisional) in January 2011 compared to growth of 3.8% in January 2010. The Petroleum refinery production registered a growth of 2.4% (provisional) during April to January 2010-11 compared to (-) 0.5% during the same period of 2009-10.
Coal
Coal production (weight of 3.2% in the IIP) registered a growth of (-) 1.2% (provisional) in January 2011 compared to growth rate of 5.4% in January 2010. Coal production grew by 0.8% (provisional) during April to January 2010-11 compared to an increase of 8.0% during the same period of 2009-10.
Electricity
Electricity generation (weight of 10.17% in the IIP) registered a growth of 9.3 % (provisional) in January 2011 compared to growth rate of 6.4% in January 2010. Electricity generation grew by 5.0% (provisional) during April to January 2010-11 compared to 5.9% during the same period of 2009-10.
Cement
Cement production (weight of 1.99% in the IIP) registered a growth of 1.8% (provisional) in January 2011 compared to 12.4% in January 2010. Cement Production grew by 4.1% (provisional) during April-January 2010-11 compared to an increase of 11.1% during the same period of 2009-10.
Finished (carbon) steel
Finished (carbon) Steel production (weight of 5.13% in the IIP) registered a growth of 8.2% (provisional) in January 2011 compared to 16.8% (estimated) in January 2010. Finished (carbon) Steel production grew by 7.8% (provisional) during April-January 2010-11 compared to an increase of 5.7% during the same period of 2009-10.

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