Index of Industrial Production and Use-Based Index for the Month of June, 2015
Quick Estimates of Index of Industrial Production and Use-Based Index
for the Month of June, 2015
(Base 2004-05=100)
(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 August,
2015.
The Quick Estimates of Index of Industrial Production (IIP) with base
2004-05 for the month of June 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 June 2015 stands at 178.5, which
is 3.8% higher as compared to the level in the month of June 2014. The
cumulative growth for the period April-June 2015-16 over the corresponding
period of the previous year stands at 3.2%.
3. The Indices of Industrial Production for the Mining, Manufacturing
and Electricity sectors for the month of June 2015 stand at 121.7, 188.4 and
184.0 respectively, with the corresponding growth rates of (-) 0.3%, 4.6% and
1.3% as compared to June 2014 (Statement I). The cumulative growth in the three
sectors during April-June 2015-16 over the corresponding period of 2014-15 has
been 0.7%, 3.6% and 2.3% 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 torhave
shown positive growth during the month of June 2015 as compared to the
corresponding month of the previous year (Statement II). The industry
group ‘Furniture; manufacturing n.e.c.’ has shown the highest positive
growth of 83.7%, followed by 27.6% in ‘Wearing apparel; dressing and dyeing of
fur’ and 21.0% in ‘Wood and products of wood & cork except furniture;
articles of straw & plating material’. On the other hand, the industry
group ‘Publishing, printing & reproduction of recorded media’ has shown the
highest negative growth of (-)
11.4%, followed by (-) 10.0% in ‘Electrical machinery & apparatus n.e.c.’
and (-) 8.7% in ‘Radio, TV and communication equipment & apparatus’.
5. As per Use-based classification, the growth rates in June 2015 over
June 2014 are 5.1% in Basic goods, (-) 3.6% in Capital goods and 0.8% in
Intermediate goods (Statement III). The Consumer durables and Consumer
non-durables have recorded growth of 16.0% and 1.3% respectively, with the
overall growth in Consumer goods being 6.6%.
6. Some of the important items showing high positive growth during the
current month over the same month in previous year include ‘H R Sheets’
(191.3%), ‘Gems and Jewellery’ (156.8%), ‘Conductor, Aluminium’ (111.6%),
‘Woollen Carpets’ (97.1%), ‘Wood furniture’ (63.5%), ‘Transformers (small)’
(52.4%), ‘Plastic machinery including moulding machinery’ (40.1%), ‘Stainless/
alloy steel’ (37.9%), ‘Pens of all kind’ (34.5%), ‘Apparels’ (29.0%), ‘Block Board’
(24.9%), ‘Carbon Steel’ (23.8%) and ‘Leather Garments’ (22.1%).
7. Some of the other important items showing high negative growth are:
‘Air & Gas Compressors’ [(-) 51.3%], ‘Instant Food Mixes (Ready to eat)’
[(-) 42.7%], ‘Grinding Wheels’ [(-) 35.5%], ‘Linear Alkyl Benzene’ [(-) 35.1%],
‘Cable, Rubber Insulated’ [(-) 28.0%], ‘Aerated Waters and Soft Drinks’ [(-)
26.0%], ‘Tractors (complete)’ [(-) 23.4%] and ‘Furnace Oil’ [(-) 22.5%].
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:
Item Group
|
Weights (%)
|
Contribution
|
High Positive Contributors
|
||
Gems And Jewellery
|
1.77
|
1.1856
|
Stainless/ alloy steel
|
0.64
|
0.6293
|
Apparels
|
2.03
|
0.5645
|
Conductor, Aluminium
|
0.20
|
0.4633
|
Carbon steel
|
0.78
|
0.3073
|
High Negative Contributors
|
||
Cable, Rubber Insulated
|
0.12
|
-1.3274
|
Castor oil
|
0.04
|
-0.1842
|
Tractors
(complete)
|
0.38
|
-0.1574
|
Cotton Seed Oil
|
0.08
|
-0.1425
|
Instant Food Mixes (Ready to eat)
|
0.13
|
-0.1354
|
9. Along with the Quick Estimates of IIP for the month of June 2015, the
indices for May 2015 have undergone the first revision and those for March 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 May 2015 shall undergo final (second) revision along
with the release of IIP for the month of August 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 June
2015, along with the growth rates over the corresponding month of previous
year, including the cumulative indices and growth rates, are enclosed.
Note: -
- Release
of the index for July 2015 will be on Friday, 11 September 2015.
- Press release in Hindi follows and shall be
available at http://mospi.nic.in/Mospi_New/site/Home_H.aspx
STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION -
SECTORAL
|
||||||||
(Base : 2004-05=100)
|
||||||||
Month
|
Mining
|
Manufacturing
|
Electricity
|
General
|
||||
(141.57)
|
(755.27)
|
(103.16)
|
(1000.00)
|
|||||
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
|
Apr
|
122.6
|
122.8
|
181.4
|
189.1
|
178.1
|
177.2
|
172.7
|
178.5
|
May
|
125.3
|
128.2
|
183.5
|
187.2
|
183.9
|
195.0
|
175.3
|
179.7
|
Jun*
|
122.1
|
121.7
|
180.1
|
188.4
|
181.6
|
184.0
|
172.0
|
178.5
|
Jul
|
116.2
|
|
182.2
|
|
183.8
|
|
173.0
|
|
Aug
|
115.0
|
|
173.4
|
|
184.1
|
|
166.2
|
|
Sep
|
115.3
|
|
181.9
|
|
175.6
|
|
171.8
|
|
Oct
|
124.2
|
|
170.0
|
|
184.9
|
|
165.1
|
|
Nov
|
128.6
|
|
179.9
|
|
174.3
|
|
172.1
|
|
Dec
|
133.6
|
|
196.8
|
|
177.6
|
|
185.9
|
|
Jan
|
136.7
|
|
200.7
|
|
176.7
|
|
189.2
|
|
Feb
|
129.6
|
|
192.7
|
|
166.0
|
|
181.0
|
|
Mar
|
149.0
|
|
210.3
|
|
176.4
|
|
198.1
|
|
Average
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Apr-Jun
|
123.3
|
124.2
|
181.7
|
188.2
|
181.2
|
185.4
|
173.3
|
178.9
|
|
|
|
|
|
|
|||
Growth
over the corresponding period of previous year
|
|
|
|
|
||||
|
|
|
|
|
|
|||
Jun*
|
4.8
|
-0.3
|
2.9
|
4.6
|
15.7
|
1.3
|
4.3
|
3.8
|
|
|
|
|
|
|
|||
Apr-Jun
|
2.9
|
0.7
|
3.9
|
3.6
|
11.3
|
2.3
|
4.5
|
3.2
|
|
|
|
|
|
|
|
|
|
*
Indices for June 2015 are Quick Estimates.
|
||||||||
NOTE
: Indices for the months of Mar'15 and May'15 incorporate updated
production data.
|
(Base: 2004-05=100)
|
||||||||
Industry
|
Description
|
Weight
|
Index
|
Cumulative Index
|
Percentage growth
|
|||
code
|
|
|
Jun'14
|
Jun'15
|
Apr-Jun
|
Jun'15
|
Apr-Jun
|
|
|
|
|
|
|
2014-15
|
2015-16
|
|
2015-16
|
15
|
Food products and beverages
|
72.76
|
156.3
|
143.4
|
162.5
|
156.4
|
-8.3
|
-3.8
|
16
|
Tobacco products
|
15.70
|
106.0
|
115.2
|
108.8
|
100.4
|
8.7
|
-7.7
|
17
|
Textiles
|
61.64
|
150.9
|
152.6
|
151.7
|
153.9
|
1.1
|
1.5
|
18
|
Wearing apparel; dressing and dyeing of fur
|
27.82
|
152.6
|
194.7
|
169.7
|
199.0
|
27.6
|
17.3
|
19
|
Luggage, handbags, saddlery, harness & footwear; tanning and
dressing of leather products
|
5.82
|
145.9
|
152.6
|
148.4
|
153.6
|
4.6
|
3.5
|
20
|
Wood and products of wood & cork except furniture; articles of
straw & plating materials
|
10.51
|
133.5
|
161.5
|
140.6
|
158.0
|
21.0
|
12.4
|
21
|
Paper and paper products
|
9.99
|
137.1
|
144.8
|
139.8
|
144.9
|
5.6
|
3.6
|
22
|
Publishing, printing & reproduction of recorded media
|
10.78
|
175.2
|
155.2
|
173.8
|
165.2
|
-11.4
|
-4.9
|
23
|
Coke, refined petroleum products & nuclear fuel
|
67.15
|
138.6
|
150.7
|
137.9
|
145.8
|
8.7
|
5.7
|
24
|
Chemicals and chemical products
|
100.59
|
140.7
|
143.3
|
136.2
|
142.1
|
1.8
|
4.3
|
25
|
Rubber and plastics products
|
20.25
|
191.8
|
192.0
|
190.4
|
194.9
|
0.1
|
2.4
|
26
|
Other non-metallic mineral products
|
43.14
|
170.3
|
169.4
|
175.2
|
169.6
|
-0.5
|
-3.2
|
27
|
Basic metals
|
113.35
|
209.2
|
232.0
|
211.1
|
230.5
|
10.9
|
9.2
|
28
|
Fabricated metal products, except machinery & equipment
|
30.85
|
175.2
|
176.4
|
169.1
|
168.6
|
0.7
|
-0.3
|
29
|
Machinery and equipment n.e.c.
|
37.63
|
216.5
|
224.9
|
231.7
|
242.4
|
3.9
|
4.6
|
30
|
Office, accounting & computing machinery
|
3.05
|
65.3
|
76.3
|
66.3
|
57.7
|
16.8
|
-13.0
|
31
|
Electrical machinery & apparatus n.e.c.
|
19.80
|
604.0
|
543.5
|
515.1
|
520.9
|
-10.0
|
1.1
|
32
|
Radio, TV and communication equipment & apparatus
|
9.89
|
346.1
|
316.1
|
397.5
|
305.0
|
-8.7
|
-23.3
|
33
|
Medical, precision & optical instruments, watches and clocks
|
5.67
|
107.0
|
98.1
|
98.3
|
91.3
|
-8.3
|
-7.1
|
34
|
Motor vehicles, trailers & semi-trailers
|
40.64
|
204.8
|
222.4
|
214.7
|
228.7
|
8.6
|
6.5
|
35
|
Other transport equipment
|
18.25
|
248.5
|
250.7
|
247.7
|
252.1
|
0.9
|
1.8
|
36
|
Furniture; manufacturing n.e.c.
|
29.97
|
96.4
|
177.1
|
120.4
|
156.1
|
83.7
|
29.7
|
|
|
|
|
|
|
|
|
|
10
|
Mining & Quarrying
|
141.57
|
122.1
|
121.7
|
123.3
|
124.2
|
-0.3
|
0.7
|
15-36
|
Manufacturing
|
755.27
|
180.1
|
188.4
|
181.7
|
188.2
|
4.6
|
3.6
|
40
|
Electricity
|
103.16
|
181.6
|
184.0
|
181.2
|
185.4
|
1.3
|
2.3
|
|
|
|
|
|
|
|
|
|
|
General Index
|
1000
|
172.0
|
178.5
|
173.3
|
178.9
|
3.8
|
3.2
|
STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base : 2004-05=100)
|
Basic goods
|
Capital goods
|
Intermediate goods
|
|||
Month
|
(456.82)
|
(88.25)
|
(156.86)
|
|||
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
Apr
|
163.0
|
167.5
|
235.0
|
251.0
|
149.7
|
153.5
|
May
|
167.1
|
177.5
|
228.0
|
233.0
|
155.5
|
157.5
|
Jun*
|
163.5
|
171.9
|
270.7
|
260.9
|
151.2
|
152.4
|
Jul
|
162.8
|
|
263.2
|
|
155.4
|
|
Aug
|
164.0
|
|
220.6
|
|
151.9
|
|
Sep
|
161.3
|
|
260.9
|
|
151.3
|
|
Oct
|
167.9
|
|
239.2
|
|
145.5
|
|
Nov
|
168.2
|
|
252.1
|
|
151.4
|
|
Dec
|
174.6
|
|
269.7
|
|
159.0
|
|
Jan
|
175.4
|
|
270.5
|
|
158.3
|
|
Feb
|
164.6
|
|
254.9
|
|
151.8
|
|
Mar
|
180.8
|
|
331.5
|
|
164.8
|
|
Average
|
|
|
|
|
|
|
|
|
|
|
|||
Apr-Jun
|
164.5
|
172.3
|
244.6
|
248.3
|
152.1
|
154.5
|
|
|
|
|
|
|
|
Growth
over the corresponding period of previous year
|
||||||
|
|
|
|
|||
Jun*
|
10.2
|
5.1
|
23.3
|
-3.6
|
2.6
|
0.8
|
|
|
|
|
|||
Apr-Jun
|
8.7
|
4.7
|
13.7
|
1.5
|
3.0
|
1.6
|
|
|
|
|
|
|
|
|
Consumer goods
|
Consumer durables
|
Consumer non-durables
|
|||
Month
|
(298.08)
|
(84.60)
|
(213.47)
|
|||
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
Apr
|
181.5
|
187.0
|
255.4
|
258.6
|
152.2
|
158.6
|
May
|
182.7
|
178.8
|
262.7
|
252.4
|
151.0
|
149.7
|
Jun*
|
166.9
|
177.9
|
211.9
|
245.8
|
149.0
|
151.0
|
Jul
|
171.3
|
|
220.9
|
|
151.7
|
|
Aug
|
161.1
|
|
218.8
|
|
138.3
|
|
Sep
|
172.4
|
|
241.5
|
|
145.0
|
|
Oct
|
149.0
|
|
191.8
|
|
132.0
|
|
Nov
|
165.1
|
|
201.6
|
|
150.6
|
|
Dec
|
192.4
|
|
208.0
|
|
186.2
|
|
Jan
|
202.3
|
|
246.6
|
|
184.8
|
|
Feb
|
199.6
|
|
251.2
|
|
179.2
|
|
Mar
|
202.7
|
|
261.9
|
|
179.3
|
|
Average
|
|
|
|
|
|
|
|
|
|
|
|||
Apr-Jun
|
177.0
|
181.2
|
243.3
|
252.3
|
150.7
|
153.1
|
|
|
|
|
|
|
|
|
|
|
|
|||
Jun*
|
-8.8
|
6.6
|
-23.3
|
16.0
|
1.9
|
1.3
|
|
|
|
|
|||
Apr-Jun
|
-3.2
|
2.4
|
-9.5
|
3.7
|
1.3
|
1.6
|
|
|
|
|
|
|
|
* Indices for June 2015 are Quick Estimates.
NOTE : Indices for the months of Mar'15 and May'15 incorporate updated production data.
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