Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of April, 2015

Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of April, 2015 (Base 2004-05=100)

EMBARGO ADVISORY
This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 PM today i.e. 12th June, 2015.

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of April 2015 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 16 source agencies viz. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant Committee; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner; Department of Chemicals & Petrochemicals; Directorate of Sugar; Department of Fertilizers; Directorate of Vanaspati, Vegetable Oils & Fats; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board; Office of Salt Commissioner and Coffee Board.

2. The General Index for the month of April 2015 stands at 179.7, which is 4.1% higher as compared to the level in the month of April 2014. The cumulative growth for the period April-March 2014-15 over the corresponding period of the previous year stands at 2.8%.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2015 stand at 123.3, 190.6 and 177.2 respectively, with the corresponding growth rates of 0.6%, 5.1% and (-) 0.5% as compared to April 2014 (Statement I). The cumulative growth in the three sectors during April-March 2014-15 over the corresponding period of 2013-14 has been 1.4%, 2.3% and 8.4% respectively.

4. In terms of industries, sixteen (16) out of the twenty two (22) industry groups (as per 2-digit NIC-2004) in the manufacturing sec tor have shown positive growth during the month of April 2015 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Machinery and equipment n.e.c.’ has shown the highest positive growth of 20.6%, followed by 16.2% in ‘Wood and products of wood & cork except furniture; articles of straw & plating materials’ and 13.4% in ‘Electrical machinery and apparatus n.e.c.’. On the other hand, the industry group ‘Office, accounting & computing machinery’ has shown the highest negative growth of (-) 36.5%, followed by (-) 34.0% in ‘Radio, TV and communication equipment & apparatus’ and (-) 26.7% in ‘Tobacco products’.

5. As per Use-based classification, the growth rates in April 2015 over April 2014 are 2.8% in Basic goods, 11.1% in Capital goods and 3.3% in Intermediate goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of 1.3% and 4.4% respectively, with the overall growth in Consumer goods being 3.1%.

6. Some of the important items showing high positive growth during the current month over the same month in previous year include ‘Plastic machinery including moulding machinery’ (266.4%), ‘H R Sheets’ (157.5%), ‘Paraxylene’ (95.0%), ‘Conductor, Aluminium’ (92.0%), ‘Cashew Karnels’ (52.4%), ‘Vitamins’ (48.3%), ‘Boilers’ (40.3%), ‘Air Conditioner (Room)’ (34.4%), ‘Copper and Copper Products’ (33.4%), ‘Tea’ (33.2%), ‘Carbon Steel’ (32.5%), ‘Block Board’ (26.3%), ‘Three-Wheelers (Including passenger and goods carrier)’ (24.0%) and ‘Sugar’ (22.9%).

7. Some of the other important items showing high negative growth are: ‘Cigarettes’ [(-) 52.8%], ‘Grinding Wheels’ [(-) 46.5%], ‘Computers’ [(-) 46.4%], ‘Telephone Instruments (incl. Mobile Phones & Accessories)’ [(-) 43.0%], ‘Cement Machinery’ [(-) 38.9%], ‘Tractors (complete)’ [(-) 35.2%], ‘Aviation Turbine Fuel’ [(-) 29.3%] and ‘Aerated Waters and Soft Drinks’ [(-) 23.5%].

8. However, growth rates in respect of individual items may not reflect their actual contribution in the overall growth rate of IIP. Taking into account the weights of different items, the overall growth rate of IIP can be decomposed into positive and negative contributions of different items. Such contributions of top five items with positive contribution and top five items with negative contribution are given below:

9. Along with the Quick Estimates of IIP for the month of April 2015, the indices for March 2015 have undergone the first revision and those for January 2015 have undergone the final revision in the light of the updated data received from the source agencies. It may be noted that these revised indices (first revision) in respect of March 2015 shall undergo final (second) revision along with the release of IIP for the month of June 2015.

10. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2004) and by Use-based classification for the month of April 2015, along with the growth rates over the corresponding month of previous year, including the cumulative indices and growth rates, are enclosed.

STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)
(Base: 2004-05=100)
Industry	Description	Weight	Index		Cumulative Index		Percentage growth
code			Apr'14	Apr'15	Apr-Mar		Apr'15	Apr-Mar
					2013-14	2014-15		2014-15
15	Food products and beverages	72.76	172.6	181.0	167.7	175.6	4.9	4.7
16	Tobacco products	15.70	97.3	71.3	110.2	111.2	-26.7	0.9
17	Textiles	61.64	150.1	156.7	148.3	152.4	4.4	2.8
18	Wearing apparel; dressing and dyeing of fur	27.82	187.4	206.3	171.6	180.5	10.1	5.2
19	Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products	5.82	147.0	155.0	133.7	147.1	5.4	10.0
20	Wood and products of wood & cork except furniture; articles of straw & plating materials	10.51	140.6	163.4	144.6	150.8	16.2	4.3
21	Paper and paper products	9.99	137.1	144.2	138.6	143.1	5.2	3.2
22	Publishing, printing & reproduction of recorded media	10.78	170.8	181.2	183.4	175.9	6.1	-4.1
23	Coke, refined petroleum products & nuclear fuel	67.15	136.4	132.5	143.5	144.6	-2.9	0.8
24	Chemicals and chemical products	100.59	127.9	140.1	138.6	138.4	9.5	-0.1
25	Rubber and plastics products	20.25	182.0	192.9	181.1	189.6	6.0	4.7
26	Other non-metallic mineral products	43.14	178.1	166.1	163.3	167.5	-6.7	2.6
27	Basic metals	113.35	210.9	226.2	196.4	221.4	7.3	12.7
28	Fabricated metal products, except machinery & equipment	30.85	159.8	163.8	180.2	179.0	2.5	-0.7
29	Machinery and equipment n.e.c.	37.63	236.2	284.8	219.2	227.8	20.6	3.9
30	Office, accounting & computing machinery	3.05	66.0	41.9	108.0	67.0	-36.5	-38.0
31	Electrical machinery & apparatus n.e.c.	19.80	493.8	560.2	422.6	511.5	13.4	21.0
32	Radio, TV and communication equipment & apparatus	9.89	432.7	285.5	730.1	333.1	-34.0	-54.4
33	Medical, precision & optical instruments, watches and clocks	5.67	88.3	86.9	111.1	108.6	-1.6	-2.3
34	Motor vehicles, trailers & semi-trailers	40.64	218.5	233.6	221.3	226.8	6.9	2.5
35	Other transport equipment	18.25	236.5	249.3	249.5	265.5	5.4	6.4
36	Furniture; manufacturing n.e.c.	29.97	129.1	140.2	113.3	121.6	8.6	7.3

10	Mining & Quarrying	141.57	122.6	123.3	124.7	126.5	0.6	1.4
15-36	Manufacturing	755.27	181.4	190.6	181.9	186.1	5.1	2.3
40	Electricity	103.16	178.1	177.2	164.7	178.6	-0.5	8.4

	General Index	1000	172.7	179.7	172.0	176.9	4.1	2.8
*Industry codes are as per National Industrial Classification 2004

	Consumer durables			Consumer non-durables
Month	(84.60)			(213.47)
	2013-14	2014-15	2015-16	2013-14	2014-15	2015-16
Apr*	276.8	255.4	258.7	156.4	152.2	158.9
May	253.5	262.7		143.5	151.0
Jun	276.1	211.9		146.2	149.0
Jul	277.6	220.9		144.2	151.7
Aug	257.4	218.8		137.8	138.3
Sep	271.6	241.5		143.1	145.0
Oct	295.8	191.8		137.0	132.0
Nov	235.8	201.6		140.8	150.6
Dec	229.1	208.0		176.3	186.2
Jan	261.6	246.6		184.2	184.8
Feb	261.2	252.3		162.1	179.2
Mar	274.4	261.3		175.9	180.1
Average

Apr-Mar	264.2	231.1	--	154.0	158.3	--



Apr	-9.6	-7.7	1.3	11.3	-2.7	4.4

Apr-Mar	-12.3	-12.5	--	4.8	2.8	--

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Consumer Price Index Numbers on Base 2012=100 for Rural, Urban and Combined for the Month of May 2015

This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 pm today i.e. 12th June 2015.

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has revised the Base Year of the Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the release of indices for the month of January 2015.

2. In this press note, the CPI (Rural, Urban, Combined) on Base 2012=100 is being released for the month of May 2015. In addition to this, Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined are also being released for May 2015. Inflation rates (on point to point basis i.e. May, 2015 over May 2014), based on General Indices and CFPIs are given as follows:

Inflation rates based on CPI (General) and CFPI

3. Provisional indices for the month of May 2015 and also the final indices for April 2015 are being released with this note for all-India and for State/UTs. All-India provisional General (all- groups), Group and Sub-group level CPI and CFPI numbers for May, 2015 for Rural, Urban and Combined are given in Annexure I. The General Indices (Provisional) for the month of May 2015 for Rural, Urban and Combined are 122.4, 120.7 and 121.6, respectively. The CFPI for Rural, Urban and Combined for the same month are 123.8, 125.7 and 124.5 respectively. The inflation rates of important categories of items are given in Annexure II.

4. State/UT-wise General provisional CPI numbers for Rural, Urban and Combined are given in Annexure III. Inflation rates of major States, having population more than 50 lakhs as per population Census 2011, are given in Annexure IV. State/UT–wise Group CPIs are available on the Ministry’s website (www.mospi.gov.in).

5. Price data are collected from selected towns by the Field Operations Division of NSSO and from selected villages by the Department of Posts. Price data are received through web portals, maintained by the National Informatics Centre.

Next date of release: 13th July 2015 (Monday) for June 2015

Annexure I

All India Consumer Price Indices

(Base: 2012=100)

Note:

1. Prov. : Provisional

2. - : CPI (Rural) for housing is not compiled.

3. The weights are indicative to show relative importance of groups and sub-groups. However, all India indices have been compiled as weighted average of State indices.

Annexure II

All India annual inflation rates (%) for May 2015 (Provisional)