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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.

 

 

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

 

 

 

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