Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of December, 2015 (Base 2004-05=100)
Quick Estimates of Index of Industrial Production and Use-Based Index
for the Month of December, 2015 (Base 2004-05=100)
EMBARGO
ADVISORY: This Press
Release is embargoed against publication, telecast or circulation on internet
till 5.30 PM 12th February, 2016.
The Quick Estimates of Index of
Industrial Production (IIP) with base 2004-05 for the month of December 2015
have been released by the Central Statistics Office of the Ministry of
Statistics and Programme Implementation. IIP is compiled using data received
from 15 source agencies viz. Department of Industrial Policy & Promotion
(DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant
Committee, Ministry of Steel; Ministry of Petroleum & Natural Gas; Office
of Textile Commissioner; Department of Chemicals & Petrochemicals;
Directorate of Sugar & Vegetable Oils; Department of Fertilizers; 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
December 2015 stands at 183.4, which is 1.3 percent lower as compared to the
level in the month of December 2014. The cumulative growth for the period
April-December 2015 over the corresponding period of the previous year stands
at 3.1 percent.
3. The Indices of Industrial Production
for the Mining, Manufacturing and Electricity sectors for the month of December
2015 stand at 137.5, 192.0 and 183.2 respectively, with the corresponding
growth rates of 2.9 percent, (-) 2.4 percent and 3.2 percent as compared to
December 2014 (Statement I). The cumulative growth in three sectors during
April-December 2015 over the corresponding period of 2014 has been 2.3 percent,
3.1 percent and 4.5 percent respectively.
4. In terms of industries, ten out of
the twenty two industry groups (as per 2-digit NIC-2004) in the manufacturing
sector have shown negative growth during the month of December 2015 as compared
to the corresponding month of the previous year (Statement II). The industry
group ‘Electrical machinery & apparatus n.e.c.’ has shown the highest
negative growth of (-) 44.9 percent, followed by (-) 10.7 percent in
‘Publishing, printing & reproduction of recorded media’ and (-) 8.2 percent
in ‘Tobacco Products’. On the other hand, the industry group ‘Radio, TV and
communication equipment & apparatus’ has shown the highest positive growth
of 82.0 percent, followed by 17.5 percent in ‘Office, accounting &
computing machinery’ and 16.6 percent in ‘Furniture;
manufacturing n.e.c.’.
5. As per Use-based classification, the
growth rates in December 2015 over December 2014 are 0.5 percent in Basic
goods, (-) 19.7 percent in Capital goods and 0.9 percent in Intermediate goods
(Statement III). The Consumer durables and Consumer non-durables have
recorded growth of 16.5 percent and (-) 3.2 percent respectively, with the
overall growth in Consumer goods being 2.8 percent.
6. Some important items showing high
negative growth during the current month over the same month in previous year
include ‘Cable, Rubber Insulated’
[(-) 85.2%], ‘Heat Exchangers’ [(-) 68.8%], ‘Cement Machinery’ [(-) 60.2%],
‘Soyabean oil’ [(-) 59.0%], ‘Polythene Bags including HDPE & LDPE
Bags’ [(-) 53.9%],
‘Grinding Wheels’ [(-) 37.4%], ‘Ayurvedic Medicaments’ [(-) 24.4%],
‘Boilers’ [(-) 22.7%] and ‘Sponge Iron’ [(-) 22.5%].
7. Some other important items that have
registered high positive growth include ‘Woollen Carpets’ (184.1%), ‘Telephone
Instruments including Mobile Phone and Accessories’ (141.1%), ‘Di Ammonium
Phosphate (DAP)’ (46.8%), ‘Transformers (small)’ (38.8%), ‘Wood Furniture’
(36.9%), ‘Paraxylene’ (32.3%), ‘Commercial Vehicles’ (28.7%), ‘Gems and
Jewellery’ (27.1%), ‘PVC Pipes and Tubes’ (24.6%) and ‘Polypropylene
(including co-polymer)’ (22.2%).
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 Negative Contributors
|
||
|
Cable, Rubber Insulated
|
0.12
|
-2.5736
|
|
sponge iron
|
0.99
|
-0.2854
|
|
Stainless/ alloy steel
|
0.64
|
-0.2197
|
|
Conductor, Aluminium
|
0.20
|
-0.1742
|
|
Heat Exchangers
|
0.10
|
-0.1655
|
|
High Positive Contributors
|
||
|
Telephone Instruments Including
Mobile Phone And Accessories
|
0.22
|
0.7190
|
|
Commercial Vehicles
|
1.93
|
0.5224
|
|
Gems And Jewellery
|
1.77
|
0.3784
|
|
Electricity
|
10.32
|
0.3108
|
|
Mineral index
|
14.16
|
0.2971
|
9. Along with the Quick Estimates of
IIP for the month of December 2015, the indices for November 2015 have
undergone the first revision and those for September 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 November 2015 may undergo final (second) revision along with the
release of IIP for the month of February 2016.
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 December 2015, along with the growth rates over the
corresponding month of the previous year including the cumulative indices and
growth rates are enclosed.
|
|
|
|
|
|
STATEMENT
I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL
|
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|
(Base :
2004-05=100)
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|
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|
|
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|
|
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|
|
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|
Month
|
Mining
|
Manufacturing
|
Electricity
|
General
|
||||
|
(141.57)
|
(755.27)
|
(103.16)
|
(1000.00)
|
|||||
|
2014-15
|
2015-16
|
2014-15
|
2015-16
|
2014-15
|
2015-16
|
2014-15
|
2015-16
|
|
|
Apr
|
122.6
|
121.9
|
181.4
|
188.5
|
178.1
|
177.2
|
172.7
|
177.9
|
|
May
|
125.3
|
127.9
|
183.5
|
187.3
|
183.9
|
195.0
|
175.3
|
179.7
|
|
Jun
|
122.1
|
121.6
|
180.1
|
189.5
|
181.6
|
183.7
|
172.0
|
179.3
|
|
Jul
|
116.2
|
117.7
|
182.2
|
190.9
|
183.8
|
190.3
|
173.0
|
180.5
|
|
Aug
|
115.0
|
120.2
|
173.4
|
184.8
|
184.1
|
194.4
|
166.2
|
176.6
|
|
Sep
|
115.3
|
119.3
|
181.9
|
186.9
|
175.6
|
195.7
|
171.8
|
178.2
|
|
Oct
|
124.2
|
130.6
|
170.0
|
188.1
|
184.9
|
201.6
|
165.1
|
181.4
|
|
Nov
|
128.6
|
131.0
|
179.9
|
171.5
|
174.3
|
175.6
|
172.1
|
166.2
|
|
Dec*
|
133.6
|
137.5
|
196.8
|
192.0
|
177.6
|
183.2
|
185.9
|
183.4
|
|
Jan
|
136.7
|
|
200.7
|
|
176.7
|
|
189.2
|
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Feb
|
129.6
|
|
192.7
|
|
166.0
|
|
181.0
|
|
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Mar
|
149.0
|
|
210.3
|
|
176.4
|
|
198.1
|
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|
Average
|
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Apr-Dec
|
122.5
|
125.3
|
181.0
|
186.6
|
180.4
|
188.5
|
172.7
|
178.1
|
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Growth over the corresponding period of previous
year
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Dec*
|
-1.7
|
2.9
|
4.1
|
-2.4
|
4.8
|
3.2
|
3.6
|
-1.3
|
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Apr-Dec
|
1.8
|
2.3
|
1.8
|
3.1
|
10.0
|
4.5
|
2.6
|
3.1
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* Indices for Dec 2015 are Quick Estimates.
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NOTE : Indices for the months of Sep'15 and
Nov'15 incorporate updated production data.
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Consumer Price Index Numbers on base 2012=100 for Rural, Urban and
Combined for the Month of January 2016
This Press Release is embargoed against
publication, telecast or circulation on internet till 5.30 pm today
i.e. 12th February 2016.
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 January 2016. In addition
to this, Consumer Food Price Index (CFPI) for all India Rural, Urban and
Combined are also being released for January 2016. Inflation rates (on point
to point basis i.e. January 2016 over January 2015), based
on General Indices and CFPIs are given as follows:
Inflation rates based on CPI (General)
and CFPI
|
Indices
|
January
2016 (Prov.)
|
December
2015 (Final)
|
January
2015 (Final)
|
||||||
|
Rural
|
Urban
|
Combd.
|
Rural
|
Urban
|
Combd.
|
Rural
|
Urban
|
Combd.
|
|
|
CPI (General)
|
6.48
|
4.81
|
5.69
|
6.32
|
4.73
|
5.61
|
5.34
|
4.96
|
5.19
|
|
CFPI
|
6.93
|
6.50
|
6.85
|
6.41
|
6.31
|
6.40
|
5.78
|
7.05
|
6.14
|
Note: Prov. – Provisional, Combd.
- Combined
3.
Provisional indices for the month of January 2016 and also the
final indices for December 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 January 2016 for Rural, Urban and
Combined are given in Annexure I. The General Indices (Provisional) for the
month of January 2016 for Rural, Urban and Combined are 128.1, 124.2 and
126.3 respectively. The CFPI for Rural, Urban and Combined for the same
month are 131.1, 131.0 and 131.1 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: 14th March
2016 (Monday) for February 2016
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