Index Of Infrastructure Output
In India, Infrastructure Output is a measure of production in a range of sectors related to infrastructure (referred to as Eight Core Industries). These are refinery production (weight: 28%), electricity generation (19.9%), steel production (17.9%), coal production (10.3%), crude oil production (8.9%), natural gas production (6.9%), cement production (5.4%) and fertilizers production (2.6%).
Infrastructure accounts for nearly 40% of India's industrial output monitored through the Index of Industrial Production (see IIP). A slowdown in the infrastructure output serves as a strong indicator of nation's overall economic performance. The data is released monthly by the Office of Economic Advisor and is used by economists and analysts to effect necessary corrective and policy measures.
In India, Infrastructure Output is a measure of production in a range of sectors related to infrastructure (referred to as Eight Core Industries). These are refinery production (weight: 28%), electricity generation (19.9%), steel production (17.9%), coal production (10.3%), crude oil production (8.9%), natural gas production (6.9%), cement production (5.4%) and fertilizers production (2.6%).
Infrastructure accounts for nearly 40% of India's industrial output monitored through the Index of Industrial Production (see IIP). A slowdown in the infrastructure output serves as a strong indicator of nation's overall economic performance. The data is released monthly by the Office of Economic Advisor and is used by economists and analysts to effect necessary corrective and policy measures.
SUBJECT Variables
COMBINED (8 CORE INDUSTRIES)
- Infrastructure output, gauged by the Index of Infrastructure Production, comprising the 8 core industries (coal, crude oil, natural gas, petroleum, fertilizers, steel, cement, electricity) increased by 2.1% year-over-year (YoY) in Sep'24. The highest production growth was recorded in cement (7.1%) while production of petroleum refinery products increased by 5.7% in Sep'24.
- Annual production growth across the 8 core industries rose by 7.6% YoY in 2023-24 in comparison to 7.8% in 2022-23.
COAL
- Coal production recorded a 2.6% YoY growth in Sep'24 compared to a de-growth of 8.1% in Aug'24.
- Annual coal production rose by 11.8% YoY in 2023-24 in comparison to 14.8% in 2022-23.
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