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Tuesday, September 30, 2014

Eight core infrastructure growth accelerates to 5.8% in August 2014

Growth figure for August 2013 revised upwards to 4.7% from 3.8% reported earlier 

The Eight Core Industries, comprising nearly 38% of the weight of items included in the Index of Industrial Production (IIP), has shown accelerated pace of growth at 5.8% in August 2014 up from 2.7% growth posted in July 2014. Meanwhile, the growth figure for August 2013 has been revised upwards to 4.7% from 3.8% reported earlier. 

The Eight Core Industries has recorded a growth of 4.4% in April-August 2014. 

1. Coal production increased 13.4% in August 2014 over August 2013, while moved up 7.2% in April-August 2014 over corresponding period of previous year. 

2. Crude Oil production declined 4.9% in August 2014 and 1.2% in April-August 2014. 

3. The Natural Gas production declined 8.3% in August 2014 and 5.8% in April-August 2014. 

4. Petroleum refinery production fell 4.3% in August 2014 and 2.7% in April-August 2014. 

5. Fertilizer production declined 4.3% in August 2014, while showed an increase of 2.8% in  April-August 2014. 

6. Steel production increased 9.1% in August 2014, while also rose 2.0% in April-August 2014. 

7. Cement production increased by 10.3% in August 2014, while jumped 11.0% in April-August 2014. 

8. Electricity generation jumped 12.6% in August 2014, while surged 11.3% in April-August 2014.
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