Core Industries Index Overhauled with 2022-23 Base Year and Expanded Industry Coverage



Quick Summary
The Office of Economic Adviser is set to release an updated Index of Core Industries (ICI) series on 20 July 2026. This revised series will feature a new base year of 2022-23, replacing the previous 2011-12 base. A significant change includes the expansion of core industries from eight to nine with the addition of Iron Ore. The release will also provide provisional data for June 2026 and backdated figures from April 2023 to May 2026.

Office of Economic Adviser to Release Revised Index of Core Industries Series with Base Year 2022-23 Revised ICI Release to Include Provisional Index for June 2026 and Back Series from April 2023 to May 2026 Revised ICI Series Expands Core Industries to Nine with Inclusion of Iron Ore The Office o
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FAQ :

The revised ICI series will be released on 20 July 2026 at 5:00 PM.

The new base year for the revised ICI series is 2022-23.

Yes, the number of core industries has increased from eight to nine with the inclusion of Iron Ore.

The release will include the provisional ICI for June 2026 and a back series from April 2023 to May 2026.

Iron Ore has been included due to its extensive use in industrial production and significant contribution to industrial development.

In the revised ICI series, only Raw Coal is retained. Coal Middlings and Washed Coal have been excluded to avoid double counting.




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