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Index Core Industries Monthly

The monthly Index of Eight Core Industries (ICI) is a production volume index. ICI measures collective and individual performance of production in selected eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.

It is compiled and released by Office of the Economic Adviser (OEA), Department of Industrial Policy & Promotion (DIPP), and Ministry of Commerce & Industry. The inter-se weights of these eight industries are largely in alignment with the respective weight of these industries in the Index of Industrial Production (IIP)

The base year of the ICI has been revised to 2011-12 from 2004-05 in alignment with the new series of IIP. Combined weight of these eight core industries is 40.27 percent of IIP with base 2011-12. The ICI with base 2004-05 had a weight of 37.90 percent in the IIP (2004-05).

The ICI series was initially compiled with base 1980-81 and subsequent revisions were done with base 1993-94 and 2004-05. Prior to the 2004-05 series six core industries namely Coal, Cement, Finished Steel, Electricity, Crude petroleum and Refinery products constituted the index basket. Two more industries i.e. Fertilizer and Natural Gas were added to the index basket in 2004-05 series

The choice of the base year of ICI is according to the choice of base year for the IIP.

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Table below captures weights of these eight core industries in ICI (adding up to 100%) and in IIP (adding up to 40.266%)


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MonthOverall Index Base 2011 12 equal to 100Index of CoalIndex of Crude OilIndex of Natural GasIndex of Petroleum Refinery ProductsIndex of FertilizersIndex of SteelIndex of CementIndex of Electricity
Sep-25160.1150.071.172.9129.2137.0230.5188.3211.3
Aug-25166.5153.977.575.7138.0143.8234.6186.9221.1
Jul-25168.9143.075.675.5141.7141.6239.1194.8228.4
Jun-25167.3173.773.573.7138.6132.4223.8214.7220.1
May-25170.2189.876.575.9143.3127.9225.3209.0218.5
Apr-25163.3179.374.274.1131.7112.9219.2204.5215.7
Mar-25182.9260.277.469.2147.3126.9238.9246.2219.5
Feb-25163.0215.669.770.0133.5124.9216.8215.1194.0
Jan-25173.8229.877.978.1147.2139.0228.1219.7201.7
Dec-24169.4215.177.978.1149.1139.8221.8211.7192.8
Nov-24159.1199.673.975.7138.4136.2212.9177.0184.1
Oct-24162.4186.074.679.3135.5136.9212.9187.2207.8
Sep-24155.4151.872.075.8134.1134.8202.0178.8206.9
Aug-24156.3138.275.777.4134.0137.5206.6177.4212.3
Jul-24162.8163.076.678.0143.3138.8205.1174.6220.2
Jun-24163.7186.474.475.8134.1134.0204.0198.5222.8
May-24168.2184.777.978.7141.8135.9209.7190.6229.3
Apr-24161.7173.376.374.8137.9117.8210.0192.3212.0
Mar-24175.0256.078.979.3147.0116.6219.8219.4204.2
Feb-24157.7212.173.574.5132.5113.3202.9194.3187.2
Jan-24165.4219.678.879.3135.9135.0217.8192.2197.2
Dec-23161.2204.377.479.5145.0137.5206.7191.9181.6
Nov-23150.4185.775.577.2134.5133.5192.6156.5176.3
Oct-23156.4172.678.480.3128.8136.4201.4181.5203.8
Sep-23151.7147.974.976.8126.8132.3198.4166.2205.9
Aug-23158.6150.378.480.3135.4133.3198.4182.0220.5
Jul-23153.2152.678.979.0134.4131.8191.7166.1204.0
Jun-23155.9162.476.473.4136.2130.8191.9195.0205.2
May-23157.4167.678.873.2141.1138.2192.5191.8201.6
Apr-23151.2161.275.068.9132.7118.7191.2192.0192.3
Mar-23164.7235.577.374.6144.7118.1204.4198.4188.0
Feb-23147.3190.168.167.0129.1125.2185.4180.2174.0
Jan-23158.8198.678.375.2142.0135.8199.5184.7186.6
Dec-22153.4184.478.274.5139.3129.9190.9184.8179.4
Nov-22139.4167.575.871.8119.7129.2175.5164.3166.7
Oct-22138.8145.877.473.0123.5129.5177.3155.2169.3
Sep-22138.6127.575.272.1120.2127.0172.8158.7187.4
Aug-22139.9127.576.773.0123.6130.9170.5152.0191.3
Jul-22141.1132.777.372.6129.8127.6166.8155.4188.9
Jun-22143.9148.076.970.9130.3126.4158.2177.4196.9
May-22149.6156.380.373.5137.3126.0172.0165.4199.9
Apr-22144.6147.777.870.9134.796.1164.0170.9194.5
Mar-22158.0210.879.672.6142.5107.7182.4198.8191.0
Feb-22137.1174.471.664.9124.9102.4165.0167.7160.8
Jan-22144.8174.879.171.4135.8115.2174.5176.4165.6
Dec-21141.7164.379.172.7134.4121.1169.9168.8162.5
Nov-21131.8149.276.672.2131.9121.4157.4127.3147.9
Oct-21137.8140.479.276.3127.5122.9167.6161.9167.3
Sep-21128.0113.877.073.3112.7113.6160.5141.1167.9
Aug-21134.2118.479.473.7115.5117.0161.1148.8188.7
Jul-21134.7119.280.372.8122.2120.1155.2154.3184.7
Jun-21127.2112.178.270.0113.2116.9153.1148.2169.1
May-21125.4117.176.868.7117.7102.5149.4131.1161.9
Apr-21132.0113.578.566.7123.488.3160.0159.0174.0
Mar-21150.8210.382.467.5134.493.4175.2182.5180.0
Feb-21129.6163.673.257.7114.8103.9156.3160.9153.9
Jan-21139.2161.681.164.0130.9117.5168.1154.6164.2
Dec-20136.1156.280.560.8126.9117.0170.9147.8157.9
Nov-20127.7137.978.358.4126.5118.5156.0132.1144.8
Oct-20126.7122.480.960.6111.5122.8158.4141.3162.2
Sep-20121.4105.678.357.5106.3113.5149.9126.8166.4
Aug-20119.798.281.261.0105.9120.8150.7109.1162.7
Jul-20122.5100.383.061.2114.5119.4141.9126.8166.3
Jun-20116.3104.379.658.1110.6114.6122.3137.8156.2
May-20107.7109.482.057.2102.0113.496.4117.3150.6
Apr-2081.2103.780.253.394.285.026.922.5125.6
Mar-20134.0209.785.060.1135.398.3133.2129.8146.9
Feb-20134.0171.175.658.3128.9107.8152.9160.7153.6
Jan-20137.4164.785.065.3134.4116.5155.4164.1155.6
Dec-19135.5152.983.565.5130.5120.5165.2159.2150.2
Nov-19129.2133.682.464.4133.0116.7154.9142.4139.9
Oct-19127.4109.686.366.3134.2115.5149.5137.0145.8
Sep-19120.787.383.464.3117.5113.9141.2131.3158.7
Aug-19128.594.886.667.4131.0112.6150.0127.7165.7
Jul-19132.6106.487.268.1132.9111.7151.7146.5170.5
Jun-19132.8123.584.766.0121.4110.0159.3147.9173.6
May-19137.0127.388.268.7129.6105.5161.8149.3176.8
Apr-19130.7122.685.666.6124.389.0156.4152.5162.8
Mar-19146.5201.789.970.7135.9111.5170.7173.2160.1
Feb-19125.9153.880.864.4120.0104.8148.6149.1137.7
Jan-19134.5152.589.771.8131.9116.6153.0156.1150.7
Dec-18131.5144.190.272.2126.6109.4152.0151.0150.3
Nov-18128.3138.487.668.9128.9102.7144.8136.5147.2
Oct-18134.8132.990.970.3133.8103.3150.2148.4166.0
Sep-18127.2109.888.167.6125.8108.0143.2133.9162.9
Aug-18128.8103.891.670.2127.7109.4144.5134.5167.2
Jul-18129.2108.191.268.5134.1110.0140.3136.0162.1
Jun-18131.2120.090.967.4133.8108.3143.8150.7159.9
May-18131.9125.294.868.7131.6106.6142.8145.3164.7
Apr-18124.3118.891.867.1119.193.1138.1149.1153.7
Mar-18138.5184.995.869.8130.3107.0153.2149.6156.7
Feb-18123.2143.286.162.1120.9102.2141.7138.0136.1
Jan-18132.5149.593.867.6135.4105.5145.0140.6149.5
Dec-17128.8142.694.269.2133.1112.1138.0135.3143.9
Nov-17124.1133.590.868.5126.0111.8137.5125.4140.1
Oct-17128.7119.495.771.0132.1116.8146.7125.2149.8
Sep-17122.0103.192.068.8122.7105.3138.7119.8150.5
Aug-17123.0101.395.169.5121.6115.4139.0117.3155.4
Jul-17120.498.596.472.2119.4108.6131.3122.4151.9
Jun-17121.7107.694.169.3119.4107.3138.0132.0147.4
May-17126.8111.897.669.7125.498.3142.9128.6158.1
Apr-17118.7103.192.663.5116.089.0134.1122.3150.6
Mar-17132.5169.597.469.1128.9103.6146.2131.8147.9
Feb-17116.9141.488.163.2112.197.2134.9112.2130.2
Jan-17124.8144.196.968.4122.0107.2142.6117.6138.9
Dec-16124.1142.096.268.4124.9108.8137.5115.0137.8
Nov-16116.1132.590.666.9116.5111.5120.1107.3134.9
Oct-16122.5114.996.169.0122.9113.4135.1126.9145.1
Sep-16116.593.491.964.7113.5114.1133.8119.7145.6
Aug-16117.887.896.666.6118.7116.2136.1116.5143.5
Jul-16117.097.997.067.7122.6108.4120.0121.1142.5
Jun-16120.5115.493.565.1119.6110.3130.2136.5144.3
May-16122.0115.496.966.7119.0104.5137.6130.4146.1
Apr-16115.7106.693.262.2115.883.8123.0129.0143.0
Mar-16125.9153.396.563.0126.4106.8131.7141.4139.3
Feb-16116.3132.791.264.6115.3101.3124.2133.3128.6
Jan-16120.7139.295.761.3122.0108.5128.2135.6132.1
Dec-15117.5137.197.068.7118.4112.0118.7126.1129.5
Nov-15112.5124.995.868.3117.3107.0113.9106.7123.2
Oct-15114.4117.099.370.1109.1112.6115.1119.4140.9
Sep-15110.6100.195.868.7106.2113.7115.3112.1138.5
Aug-15114.397.2100.670.8115.9113.3116.6113.0140.5
Jul-15113.594.098.765.1113.5112.0119.9120.3139.6
Jun-15112.7102.997.767.8113.1104.1119.6123.5131.4
May-15115.9108.9100.371.4115.298.4121.3127.0137.6
Apr-15106.4108.595.366.897.286.4117.7123.7124.9
Mar-15116.9151.3101.771.0112.790.5122.2125.3124.5
Feb-15108.0128.190.663.7104.193.3117.0117.4117.4
Jan-15115.8127.2100.472.7112.3108.7128.1124.1124.4
Dec-14115.4123.5101.273.3115.3109.5122.5121.1125.2
Nov-14112.3121.199.071.2111.5106.1122.2108.5121.9
Oct-14113.0109.9101.471.5112.3106.7121.8106.4130.1
Sep-14108.097.795.968.7107.3100.0116.4114.0125.4
Aug-14109.896.495.368.8107.4101.6120.7107.3133.1
Jul-14110.293.499.168.7104.799.9122.4118.7134.1
Jun-14111.1100.798.473.1107.097.2121.9121.6130.6
May-14113.2100.999.574.3109.195.7130.5125.2128.6
Apr-14107.0100.597.869.8102.283.4115.3127.0124.3
Mar-14116.9144.3100.072.7115.188.4130.7130.1115.8
Feb-14104.8115.892.369.7104.392.1117.8114.9104.9
Jan-14112.5126.3102.777.8109.1102.6123.9123.9114.6
Dec-13111.7120.2102.675.8111.5107.5122.4116.6113.6
Nov-13102.7104.899.173.1103.4103.9111.198.2106.1
Oct-13103.894.4100.474.5108.7112.6106.7107.7108.9
Sep-13104.590.797.073.1108.9110.6109.1110.0113.1
Aug-13104.185.1100.275.3112.7106.9110.397.5109.2
Jul-13105.888.6100.175.7110.6104.0119.2101.8110.1
Jun-13101.389.798.474.4105.993.5108.4105.9105.1
May-13107.695.099.876.1109.881.4120.9114.1115.4
Apr-13101.995.297.976.1103.673.8109.4116.9106.6
Mar-13113.6143.9101.680.5113.693.9116.9129.6109.9
Feb-1399.9114.190.672.9103.389.9105.7112.294.1
Jan-13109.7125.299.782.1113.297.3111.8121.5107.6
Dec-12108.6119.1101.084.3113.3101.4110.9115.2105.5
Nov-12102.1102.797.982.1108.4104.4106.194.699.8
Oct-12104.898.5100.986.4113.0109.5100.6106.7107.5
Sep-1296.880.796.584.4100.9106.199.198.1100.3
Aug-1299.980.4101.789.7107.0104.9102.192.8101.9
Jul-12103.587.8102.690.6106.7104.1112.3101.6104.6
Jun-12101.392.798.989.3104.093.4104.3103.2105.1
May-12106.099.4102.493.1104.284.1119.1107.1108.7
Apr-1299.593.899.091.698.471.4106.1106.8103.0
Mar-12109.3142.7101.497.1107.391.7104.8119.7106.2
Feb-12100.1124.494.490.895.395.2100.9108.897.7
Jan-12104.5122.4100.098.3101.6105.7105.2110.3101.2
Dec-11104.2119.0100.098.5105.1105.6102.4105.3100.3
Nov-1199.3107.097.197.1103.0103.893.794.497.5
Oct-1199.389.1101.4101.795.1107.2105.899.6101.9
Sep-1192.267.098.299.891.999.897.485.996.5
Aug-1197.573.1102.3103.8100.9104.899.292.0100.0
Jul-1199.386.8103.3104.299.2105.199.897.5101.8
Jun-1196.986.599.7100.299.799.896.793.496.6
May-11100.091.7101.9104.4101.297.998.995.6102.6
Apr-1197.590.4100.4104.099.983.495.597.797.7

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