Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of September, 2015 (Base 2004-05=100)
Quick Estimates of Index of Industrial Production
and Use-Based Index for the Month of September, 2015 (Base 2004-05=100)
This Press Release
is embargoed against publication, telecast or circulation on internet till 5.30
PM today i.e. 12th November, 2015.
The Quick Estimates of Index of Industrial
Production (IIP) with base 2004-05 for the month of September 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 September
2015 stands at 178.0, which is 3.6% higher as compared to the level in the
month of September 2014. The cumulative growth for the period April-September
2015-16 over the corresponding period of the previous year stands at 4.0%.
3. The Indices of Industrial Production for the
Mining, Manufacturing and Electricity sectors for the month of September 2015
stand at 118.8, 186.7 and 195.7 respectively, with the corresponding growth
rates of 3.0%, 2.6% and 11.4% as compared to September 2014 (Statement I). The
cumulative growth in the three sectors during April-September 2015-16 over the
corresponding period of 2014-15 has been 1.5%, 4.2% and 4.5% respectively.
4. In terms of industries, eleven (11) 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 September 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 69.9%, followed by 21.6% in ‘Electrical machinery & apparatus
n.e.c.’ and 9.8% in ‘Chemicals and chemical products’. On the other hand, the
industry group ‘Publishing, printing & reproduction of recorded media’ has
shown the highest negative growth of (-) 13.3%,
followed by (-) 12.8% in ‘Wearing apparel; dressing and dyeing of fur’ and (-)
12.8% in ‘Medical, precision & optical instruments, watches and clocks’.
5. As per Use-based classification, the growth rates
in September 2015 over September 2014 are 4.0% in Basic goods, 10.5% in Capital
goods and 2.1% in Intermediate goods (Statement III). The Consumer
durables and Consumer non-durables have recorded growth of 8.4% and (-) 4.6%
respectively, with the overall growth in Consumer goods being 0.6%.
6. Some of the important items showing high
positive growth during the current month over the same month in previous year
include ‘Gems and Jewellery’ (155.6%), ‘Single Super Phosphate (SSP)’ (86.5%),
‘Sugar Machinery’ (84.3%), ‘H R Sheets’ (46.1%), ‘Polypropylene (incl.
co-polymer)’ (44.8%), ‘Cable, Rubber Insulated’ (37.4%), ‘Generator/
Alternator’ (36.7%), ‘Propylene’ (35.6%), ‘Ethylene’ (33.7%), ‘Aluminium wires
& extrusions’ (25.0%), ‘Antibiotics & its Preparations’ (23.4%) and
‘Cigarettes’ (22.4%).
7. Some of the other important items showing high
negative growth are: ‘Polythene Bags including HDPE & LDPE Bags’ [(-)
62.9%], ‘Woollen Carpets’ [(-) 58.5%], ‘Instant Food Mixes (Ready to eat)’ [(-)
47.0%], ‘Heat Exchangers’ [(-) 38.7%], ‘Ship Building & Repairs’ [(-)
29.7%], ‘Leather Garments’ [(-) 29.3%], ‘Furnace Oil’ [(-) 26.5%] and
‘Tractors (complete)’ [(-) 23.4%].
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
|
1.4359
|
|
Electricity
|
10.32
|
1.2069
|
|
Cable, Rubber Insulated
|
0.12
|
0.9765
|
|
Commercial Vehicles
|
1.93
|
0.4391
|
|
Antibiotics & It's Preparations
|
2.38
|
0.2900
|
|
High Negative Contributors
|
||
|
Stainless/ alloy steel
|
0.64
|
-0.2440
|
|
Leather Garments
|
0.75
|
-0.2407
|
|
Telephone Instruments Including Mobile Phone And
Accessories
|
0.22
|
-0.2090
|
|
Tractors
(complete)
|
0.38
|
-0.1655
|
|
Instant Food Mixes (Ready to eat)
|
0.13
|
-0.1511
|
9. Along with the Quick Estimates of IIP for the
month of September 2015, the indices for August 2015 have undergone the first
revision and those for June 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 August 2015 shall undergo
final (second) revision along with the release of IIP for the month of November
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
September 2015, along with the growth rates over the corresponding month of
previous year, including the cumulative indices and growth rates, are enclosed.
********************
Consumer Price Index Numbers on Base 2012=100 for Rural, Urban and combined
for the Month of October 2015
This Press Release is embargoed against publication,
telecast or circulation on internet till 5.30 pm today i.e. 12th November
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 October 2015. In addition to this, Consumer Food
Price Index (CFPI) for all India Rural, Urban and Combined are also being
released for October 2015. Inflation rates (on point to point basis i.e.
October, 2015 over October 2014), based
on General Indices and CFPIs are given as follows:
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