Index of Industrial Production Estimation for the month of September, 2018





Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of September, 2018 (Base 2011-12=100) 
The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of September 2018 stands at 128.6, which is 4.5 percent higher as compared to the level in the month of September 2017. The cumulative growth for the period April-September 2018 over the corresponding period of the previous year stands at 5.1 percent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2018 stand at 94.6, 131.4 and 162.9 respectively, with the corresponding growth rates of 0.2 percent, 4.6 percent and 8.2 percent as compared to September 2017 (Statement I). The cumulative growth in these three sectors during April-September 2018 over the corresponding period of 2017 has been 3.3 percent, 5.3 percent and 6.2 percent respectively.
3.        In terms of industries, seventeen out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of September 2018 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of furniture’ has shown the highest positive growth of 32.8 percent followed by 20.9 percent in ‘Manufacture of wearing apparel’ and 20.6 percent in ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’. On the other hand, the industry group ‘Printing and reproduction of recorded media’ have shown the highest negative growth of (-) 12.9 percent followed by (-) 10.7 percent in ‘Other manufacturing’ and (-) 7.3 percent in ‘Manufacture of tobacco products’.
4.        As per Use-based classification, the growth rates in September 2018 over September 2017 are 2.6 percent in Primary goods, 5.8 percent in Capital goods, 1.4 percent in Intermediate goods and 9.5 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 5.2 percent and 6.1 percent respectively.
5.        Details of item groups exhibiting larger variations in production in absolute terms and weighted terms in Statement IV.

6.        Along with the Quick Estimates of IIP for the month of September 2018, the indices for August 2018 have undergone the first revision and those for June 2018 have undergone the final revision in the light of the updated data received from the source agencies.

7.        Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification for the month of September 2018, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.

8.        Release of the Index for October 2018 will be on Wednesday, 12th December 2018.




 
Note: -
  1. This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in
  2. Press release in Hindi follows and shall be available at: http://mospi.nic.in/hi


STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL
(Base : 2011-12=100)
Month
Mining
Manufacturing
Electricity
General
(14.372472)
(77.63321)
(7.994318)
(100)
2017-18
2018-19
2017-18
2018-19
2017-18
2018-19
2017-18
2018-19
Apr
98.8
102.6
117.3
123.1
150.6
153.7
117.3
122.6
May
101.7
107.6
125.6
130.1
158.1
164.7
124.8
129.6
Jun
98.5
104.9
120.3
128.6
147.4
159.9
119.3
127.7
Jul
92.4
95.5
119.3
127.6
151.9
162.1
118.0
125.7
Aug
92.6
92.1
124.1
130.4
155.4
167.2
122.1
127.8
Sep*
94.4
94.6
125.6
131.4
150.5
162.9
123.1
128.6
Oct
100.8

123.7

149.8

122.5

Nov
107.7

127.7

140.1

125.8

Dec
115.5

132.0

143.9

130.6

Jan
114.7

133.8

149.5

132.3

Feb
110.1

129.7

136.1

127.4

Mar
131.6

140.2

156.7

140.3

Average

















Apr-Sep
96.4
99.6
122.0
128.5
152.3
161.8
120.8
127.0









Growth over the corresponding period of previous year













Sep*
7.6
0.2
3.8
4.6
3.4
8.2
4.1
4.5









Apr-Sep
3.9
3.3
2.0
5.3
5.7
6.2
2.6
5.1









* Indices for Sep 2018 are Quick Estimates.





NOTE : Indices for the months of Jun'18 and Aug'18 incorporate updated production data.


STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)
(Base: 2011-12=100)
Industry
Description
Weight
Index
Cumulative Index
Percentage growth
code


Sep'17
Sep'18*
Apr-Sep
Sep'18*
Apr-Sep





2017-18
2018-19

2018-19
10
Manufacture of food products
5.3025
95.0
111.1
92.7
102.9
16.9
11.0
11
Manufacture of beverages
1.0354
99.4
104.5
104.3
113.2
5.1
8.5
12
Manufacture of tobacco products
0.7985
98.6
91.4
97.6
87.4
-7.3
-10.5
13
Manufacture of textiles
3.2913
115.2
121.4
116.1
119.6
5.4
3.0
14
Manufacture of wearing apparel
1.3225
118.8
143.6
138.7
143.7
20.9
3.6
15
Manufacture of leather and related products
0.5021
115.6
118.7
125.6
128.0
2.7
1.9
16
Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
0.1930
91.1
109.9
92.2
102.8
20.6
11.5
17
Manufacture of paper and paper products
0.8724
105.9
105.4
110.6
108.3
-0.5
-2.1
18
Printing and reproduction of recorded media
0.6798
103.4
90.1
102.0
94.2
-12.9
-7.6
19
Manufacture of coke and refined petroleum products
11.7749
121.4
121.7
119.7
125.9
0.2
5.2
20
Manufacture of chemicals and chemical products
7.8730
118.5
120.0
113.3
118.6
1.3
4.7
21
Manufacture of pharmaceuticals, medicinal chemical and botanical products
4.9810
213.1
225.3
201.5
207.3
5.7
2.9
22
Manufacture of rubber and plastics products
2.4222
107.5
112.2
111.7
109.0
4.4
-2.4
23
Manufacture of other non-metallic mineral products
4.0853
103.2
114.9
109.3
120.7
11.3
10.4
24
Manufacture of basic metals
12.8043
133.1
138.7
133.8
137.9
4.2
3.1
25
Manufacture of fabricated metal products, except machinery and equipment
2.6549
110.3
111.6
100.6
107.7
1.2
7.1
26
Manufacture of computer, electronic and optical products
1.5704
184.2
182.4
145.8
172.7
-1.0
18.4
27
Manufacture of electrical equipment
2.9983
114.1
110.4
103.3
107.5
-3.2
4.1
28
Manufacture of machinery and equipment n.e.c.
4.7653
126.1
133.4
114.3
119.6
5.8
4.6
29
Manufacture of motor vehicles, trailers and semi-trailers
4.8573
116.3
127.4
107.5
125.7
9.5
16.9
30
Manufacture of other transport equipment
1.7763
149.8
166.9
135.8
153.4
11.4
13.0
31
Manufacture of furniture
0.1311
182.1
241.9
171.6
216.0
32.8
25.9
32
Other manufacturing
0.9415
108.4
96.8
120.4
93.4
-10.7
-22.4









05
Mining
14.3725
94.4
94.6
96.4
99.6
0.2
3.3
10-32
Manufacturing
77.6332
125.6
131.4
122.0
128.5
4.6
5.3
35
Electricity
7.9943
150.5
162.9
152.3
161.8
8.2
6.2










General Index
100.00
123.1
128.6
120.8
127.0
4.5
5.1
* Figures for September 2018 are Quick Estimates.








STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base :2011-12=100)

Primary goods
Capital goods
Intermediate goods
Infrastructure/ Construction goods
Consumer durables
Consumer non-durables
Month
(34.048612)
(8.223043)
(17.221487)
(12.338363)
(12.839296)
(15.329199)

2017-18
2018-19
2017-18
2018-19
2017-18
2018-19
2017-18
2018-19
2017-18
2018-19
2017-18
2018-19
Apr
116.5
119.7
88.9
97.6
119.6
120.1
125.2
135.9
119.7
124.4
123.5
132.8
May
122.0
129.0
99.7
106.1
123.3
123.4
130.8
140.8
125.1
133.5
140.9
138.6
Jun
116.4
127.1
99.8
109.5
120.0
121.8
130.2
142.4
117.6
133.6
128.2
128.5
Jul
115.7
123.5
96.5
99.2
119.8
121.0
124.6
136.1
117.0
133.7
128.3
135.4
Aug
117.8
120.7
101.7
111.2
123.0
126.4
128.3
138.5
128.1
134.9
131.4
139.9
Sep*
117.0
120.0
107.6
113.8
123.8
125.5
125.3
137.2
129.9
136.7
136.9
145.3
Oct
122.1

97.6

122.6

132.0

119.0

132.1

Nov
120.9

104.3

125.4

129.3

122.0

149.1

Dec
128.0

110.1

131.0

134.0

119.3

153.4

Jan
129.2

111.1

130.6

138.3

125.6

153.3

Feb
119.5

118.8

124.8

138.5

124.0

146.6

Mar
136.5

130.5

137.4

147.9

136.1

154.5

Average

























Apr-Sep
117.6
123.3
99.0
106.2
121.6
123.0
127.4
138.5
122.9
132.8
131.5
136.8













Growth over the corresponding period of previous year





















Sep*
6.6
2.6
8.7
5.8
2.1
1.4
0.5
9.5
-4.1
5.2
10.5
6.1













Apr-Sep
3.7
4.8
0.3
7.3
0.3
1.2
2.1
8.7
-1.0
8.1
7.5
4.0


























* Indices for Sep 2018 are Quick Estimates.









NOTE : Indices for the months of Jun'18 and Aug'18 incorporate updated production data.






STATEMENT IV

Sl No
Item Group
Weights (%)
Production Growth (%)
Item Groups with high positive growth in production
1
Antidiabetic drugs excl. Insulin (Metformin, Pioglitazone, Glimepiride, etc.)
0.12
57.5
2
Cement Clinkers
0.51
45.6
3
Commercial Vehicles
0.94
40.8
4
Roller and ball bearings
0.19
39.8
5
Separators including decanter centrifuge
0.16
34.5
Item Groups with high negative growth in production
1
T.V.set
0.31
-52.9
2
Air filters
0.19
-46.7
3
Pig iron
0.40
-43.3
4
Steroids and hormonal preparations (including anti-fungal preparations)
0.72
-41.3
5
Bodies of trucks, lorries and trailers
0.26
-40.7








Sl No
Item Group
Weights (%)
Contribution to IIP Growth
High Positive Contributors
1
Digestive enzymes and antacids (incl. PPI drugs)
0.22
0.8212
2
Electricity
7.99
0.8053
3
Sunflower Oil
0.07
0.3514
4
Commercial Vehicles
0.94
0.2977
5
Cement- all types
2.16
0.2565
High Negative Contributors
1
Anti-pyretic, analgesic/anti-inflammatory API & formulations
0.45
-0.3998
2
Pig iron
0.40
-0.2407
3
T.V.set
0.31
-0.2276
4
Steroids and hormonal preparations (including anti-fungal preparations)
0.72
-0.2119
5
Copper bars, rods & wire rods
0.64
-0.1982



No comments

Powered by Blogger.