Index of Industrial Production and Use-Based Index for the Month of July, 2015
Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of July, 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. 11th September, 2015.
The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of July 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 July 2015 stands at 180.3, which is 4.2% higher as compared to the level in the month of July 2014. The cumulative growth for the period April-July 2015-16 over the corresponding period of the previous year stands at 3.5%.
3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of July 2015 stand at 117.7, 190.7 and 190.3 respectively, with the corresponding growth rates of 1.3%, 4.7% and 3.5% as compared to July 2014 (Statement I). The cumulative growth in the three sectors during April-July 2015-16 over the corresponding period of 2014-15 has been 0.6%, 4.0% and 2.6% respectively.
4. In terms of industries, twelve (12) out of the twenty two (22) industry groups ( as per 2-digit NIC-2004) in the manufacturing sector h ave shown positive growth during the month of July 2015 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Furniture; manufacturing n.e.c.’ has shown the highest positive growth of 69.3%, followed by 21.7% in ‘Wearing apparel; dressing and dyeing of fur’ and 20.9% in ‘Electrical machinery & apparatus n.e.c.’. On the other hand, the industry group ‘Office, accounting & computing machinery’ has shown the highest negative growth of (-) 14.8%, followed by (-) 12.1% in ‘Food products and beverages’ and (-) 9.5% in ‘Publishing, printing & reproduction of recorded media’.
5. As per Use-based classification, the growth rates in July 2015 over July 2014 are 5.2% in Basic goods, 10.6% in Capital goods and 1.5% in Intermediate goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of 11.4% and (-) 4.6% respectively, with the overall growth in Consumer goods being 1.3%.
6. Some of the important items showing high positive growth during the current month over the same month in previous year include ‘Molasses’ (280.5%), ‘Gems and Jewellery’ (156.1%), ‘H R Sheets’ (150.9%), ‘Conductor, Aluminium’ (52.8%), ‘Rice’ (37.9%), ‘Cigarettes’ (37.8%), ‘Polypropylene (including co-polymer)’ (36.7%), ‘Propylene’ (30.9%), ‘Carbon Steel’ (25.5%), ‘Leather Garments’ (21.8%), ‘Apparels’ (21.7%) and ‘Cable, Rubber Insulated’ (20.9%).
7. Some of the other important items showing high negative growth are: ‘Instant Food Mixes (Ready to eat)’ [(-) 49.0%], ‘Air Conditioner (Room)’ [(-) 44.7%], ‘Grinding Wheel’ [(-) 40.3%], ‘Colour TV sets’ [(-) 35.4%], ‘Antibiotics & It’s Preparations’ [(-) 26.8%], ‘Furnace Oil’ [(-) 25.8%], ‘Boilers’ [(-) 24.7%], ‘Synthetic Yarn’ [(-) 22.9%] and ‘Aerated Waters and Soft Drinks’ [(-) 21.2%].
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
|
1.1029
|
|
Cable, Rubber Insulated
|
0.12
|
0.8401
|
|
Apparels
|
2.03
|
0.4121
|
|
Electricity
|
10.32
|
0.3875
|
|
Passenger Cars
|
1.97
|
0.3388
|
|
High Negative Contributors
|
||
|
Antibiotics & It's Preparations
|
2.38
|
-0.4216
|
|
Groundnut Oil
|
0.09
|
-0.4073
|
|
Air Conditioner (Room)
|
0.29
|
-0.2342
|
|
Cotton Seed Oil
|
0.08
|
-0.2295
|
|
Instant Food Mixes (Ready to eat)
|
0.13
|
-0.1641
|
9. Along with the Quick Estimates of IIP for the month of July 2015, the indices for June 2015 have undergone the first revision and those for April 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 June 2015 shall undergo final (second) revision along with the release of IIP for the month of September 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 July 2015, along with the growth rates over the corresponding month of previous year, including the cumulative indices and growth rates, are enclosed.
Note: -
This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in
Release of the index for August 2015 will be on Monday, 12 October 2015.
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
|
121.9
|
181.4
|
188.5
|
178.1
|
177.2
|
172.7
|
177.9
|
|
May
|
125.3
|
128.2
|
183.5
|
187.2
|
183.9
|
195.0
|
175.3
|
179.7
|
|
Jun
|
122.1
|
121.5
|
180.1
|
189.8
|
181.6
|
184.0
|
172.0
|
179.5
|
|
Jul*
|
116.2
|
117.7
|
182.2
|
190.7
|
183.8
|
190.3
|
173.0
|
180.3
|
|
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-Jul
|
121.6
|
122.3
|
181.8
|
189.1
|
181.9
|
186.6
|
173.3
|
179.4
|
|
|
|
|
|
|
|
|||
|
Growth over the corresponding period of previous year
|
|
|
|
|
||||
|
|
|
|
|
|
|
|||
|
Jul*
|
0.1
|
1.3
|
-0.3
|
4.7
|
11.7
|
3.5
|
0.9
|
4.2
|
|
|
|
|
|
|
|
|||
|
Apr-Jul
|
2.3
|
0.6
|
2.8
|
4.0
|
11.4
|
2.6
|
3.6
|
3.5
|
|
|
|
|
|
|
|
|
|
|
|
* Indices for July 2015 are Quick Estimates.
|
||||||||
|
NOTE : Indices for the months of Apr'15 and
Jun'15 incorporate updated production data.
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STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base : 2004-05=100)
|
|
Basic goods
|
Capital goods
|
||
|
Month
|
(456.82)
|
(88.25)
|
||
|
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
|
Apr
|
163.0
|
167.3
|
235.0
|
248.0
|
|
May
|
167.1
|
177.5
|
228.0
|
233.0
|
|
Jun
|
163.5
|
172.1
|
270.7
|
264.9
|
|
Jul*
|
162.8
|
171.2
|
263.2
|
291.0
|
|
Aug
|
164.0
|
|
220.6
|
|
|
Sep
|
161.3
|
|
260.9
|
|
|
Oct
|
167.9
|
|
239.2
|
|
|
Nov
|
168.2
|
|
252.1
|
|
|
Dec
|
174.6
|
|
269.7
|
|
|
Jan
|
175.4
|
|
270.5
|
|
|
Feb
|
164.6
|
|
254.9
|
|
|
Mar
|
180.8
|
|
331.5
|
|
|
Average
|
|
|
|
|
|
|
|
|
||
|
Apr-Jul
|
164.1
|
172.0
|
249.2
|
259.2
|
|
|
|
|
|
|
|
|
|
|
||
|
Jul*
|
7.0
|
5.2
|
-3.0
|
10.6
|
|
|
|
|
||
|
Apr-Jul
|
8.3
|
4.8
|
8.7
|
4.0
|
|
|
|
|
|
|
|
|
Intermediate goods
|
Consumer goods
|
||
|
Month
|
(156.86)
|
(298.08)
|
||
|
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
|
Apr
|
149.7
|
153.2
|
181.5
|
186.5
|
|
May
|
155.5
|
157.5
|
182.7
|
178.8
|
|
Jun
|
151.2
|
152.8
|
166.9
|
179.7
|
|
Jul*
|
155.4
|
157.8
|
171.3
|
173.5
|
|
Aug
|
151.9
|
|
161.1
|
|
|
Sep
|
151.3
|
|
172.4
|
|
|
Oct
|
145.5
|
|
149.0
|
|
|
Nov
|
151.4
|
|
165.1
|
|
|
Dec
|
159.0
|
|
192.4
|
|
|
Jan
|
158.3
|
|
202.3
|
|
|
Feb
|
151.8
|
|
199.6
|
|
|
Mar
|
164.8
|
|
202.7
|
|
|
Average
|
|
|
|
|
|
|
|
|
||
|
Apr-Jul
|
153.0
|
155.3
|
175.6
|
179.6
|
|
|
|
|
|
|
|
|
|
|
||
|
Jul*
|
2.9
|
1.5
|
-5.9
|
1.3
|
|
|
|
|
||
|
Apr-Jul
|
3.0
|
1.5
|
-3.8
|
2.3
|
|
|
|
|
|
|
|
|
Consumer durables
|
Consumer non-durables
|
||
|
Month
|
(84.60)
|
(213.47)
|
||
|
|
2014-2015
|
2015-2016
|
2014-2015
|
2015-2016
|
|
Apr
|
255.4
|
258.7
|
152.2
|
157.9
|
|
May
|
262.7
|
252.4
|
151.0
|
149.7
|
|
Jun
|
211.9
|
248.8
|
149.0
|
152.3
|
|
Jul*
|
220.9
|
246.0
|
151.7
|
144.7
|
|
Aug
|
218.8
|
|
138.3
|
|
|
Sep
|
241.5
|
|
145.0
|
|
|
Oct
|
191.8
|
|
132.0
|
|
|
Nov
|
201.6
|
|
150.6
|
|
|
Dec
|
208.0
|
|
186.2
|
|
|
Jan
|
246.6
|
|
184.8
|
|
|
Feb
|
251.2
|
|
179.2
|
|
|
Mar
|
261.9
|
|
179.3
|
|
|
Average
|
|
|
|
|
|
|
|
|
||
|
Apr-Jul
|
237.7
|
251.5
|
151.0
|
151.2
|
|
|
|
|
|
|
|
|
|
|
||
|
Jul*
|
-20.4
|
11.4
|
5.2
|
-4.6
|
|
|
|
|
||
|
Apr-Jul
|
-12.3
|
5.8
|
2.3
|
0.1
|
|
|
|
|
|
|
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