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Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of February, 2019 (BASE 2011-12=100) 

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of February 2019stands at 127.5, which is 0.1 percent higher as compared to the level in the month of February 2018. The cumulative growth for the period April-February 2018-19 over the corresponding period of the previous year stands at 4.0 percent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2019 stand at 112.3, 129.3 and 137.7 respectively, with the corresponding growth rates of 2.0 percent, (-) 0.3 percent and 1.2 percent as compared to February 2018 (Statement I). The cumulative growth in these three sectors during April-February 2018-19 over the corresponding period of 2017-18 has been 3.0 percent, 3.8 percent and 5.5 percent respectively.

3.        In terms of industries, ten 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 February 2019 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of wearing apparel’ has shown the highest positive growth of 19.3 percent followed by 13.8 percent in ‘Manufacture of food products’ and 8.3 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 ‘Manufacture of machinery and equipment n.e.c.’ has shown the highest negative growth of (-) 12.8 percent followed by (-) 10.7 percent in ‘Manufacture of fabricated metal products, except machinery and equipment’ and (-) 9.7 in ‘Manufacture of furniture’.

4.        As per Use-based classification, the growth rates in February 2019 over February 2018 are 1.2 percent in Primary goods, (-) 8.8 percent in Capital goods, (-) 4.9 percent in Intermediate goods and 2.4 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 1.2 percent and 4.3 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 February 2019, the indices for January 2019 have undergone the first revision and those for November 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 February 2019, 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 March 2019 will be on Friday, 10May 2019.
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 95.5 119.3 127.6 151.9 162.0 118.0 125.7
Aug 92.6 92.0 124.1 130.6 155.4 167.2 122.1 128.0
Sep 94.4 94.5 125.6 131.6 150.5 162.9 123.1 128.8
Oct 100.8 108.2 123.7 133.9 149.8 166.0 122.5 132.8
Nov 107.7 110.6 127.7 126.8 140.1 147.3 125.8 126.1
Dec 115.5 114.4 132.0 135.9 143.9 150.3 130.6 134.0
Jan 114.7 119.2 133.8 135.2 149.5 150.9 132.3 134.2
Feb* 110.1 112.3 129.7 129.3 136.1 137.7 127.4 127.5
Mar 131.6   140.2   156.7   140.3  
Average              
         
Apr-Feb* 102.5 105.6 125.4 130.2 148.5 156.6 123.9 128.8
             
Growth over the corresponding period of previous year        
         
Feb* -0.4 2.0 8.4 -0.3 4.5 1.2 6.9 0.1
         
Apr-Feb* 2.3 3.0 4.6 3.8 5.2 5.5 4.3 4.0
                 
* Figures for Feb 2019 are Quick Estimates.
NOTE : Indices for the months of Nov’18 and Jan’19 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     Feb’18 Feb’19* Apr-Feb* Feb’19* Apr-Feb*
          2017-18 2018-19   2018-19
10 Manufacture of food products 5.3025 125.9 143.3 106.3 119.6 13.8 12.5
11 Manufacture of beverages 1.0354 109.9 104.5 103.8 107.6 -4.9 3.7
12 Manufacture of tobacco products 0.7985 96.9 96.2 95.2 92.7 -0.7 -2.6
13 Manufacture of textiles 3.2913 115.0 113.5 116.9 118.4 -1.3 1.3
14 Manufacture of wearing apparel 1.3225 142.9 170.5 134.7 150.3 19.3 11.6
15 Manufacture of leather and related products 0.5021 125.5 122.3 123.3 123.9 -2.5 0.5
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 94.1 101.9 91.2 102.9 8.3 12.8
17 Manufacture of paper and paper products 0.8724 101.2 92.3 108.6 104.6 -8.8 -3.7
18 Printing and reproduction of recorded media 0.6798 91.2 94.1 98.6 96.4 3.2 -2.2
19 Manufacture of coke and refined petroleum products 11.7749 118.8 118.2 123.1 126.0 -0.5 2.4
20 Manufacture of chemicals and chemical products 7.8730 110.9 112.5 115.1 118.0 1.4 2.5
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 217.9 219.6 210.3 213.8 0.8 1.7
22 Manufacture of rubber and plastics products 2.4222 103.9 101.2 110.5 108.0 -2.6 -2.3
23 Manufacture of other non-metallic mineral products 4.0853 118.8 123.2 112.5 122.2 3.7 8.6
24 Manufacture of basic metals 12.8043 143.0 140.4 136.8 140.4 -1.8 2.6
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 119.2 106.4 105.6 105.9 -10.7 0.3
26 Manufacture of computer, electronic and optical products 1.5704 145.5 151.4 147.4 167.9 4.1 13.9
27 Manufacture of electrical equipment 2.9983 105.5 105.7 106.4 110.1 0.2 3.5
28 Manufacture of machinery and equipment n.e.c. 4.7653 139.1 121.3 118.0 122.0 -12.8 3.4
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 123.6 118.9 112.7 122.7 -3.8 8.9
30 Manufacture of other transport equipment 1.7763 143.0 140.8 132.4 147.7 -1.5 11.6
31 Manufacture of furniture 0.1311 216.4 195.4 189.4 211.9 -9.7 11.9
32 Other manufacturing 0.9415 87.6 91.0 105.9 91.0 3.9 -14.1
                 
05 Mining 14.3725 110.1 112.3 102.5 105.6 2.0 3.0
10-32 Manufacturing 77.6332 129.7 129.3 125.4 130.2 -0.3 3.8
35 Electricity 7.9943 136.1 137.7 148.5 156.6 1.2 5.5
                 
  General Index 100.00 127.4 127.5 123.9 128.8 0.1 4.0
* Figures for February 2019 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 115.7 123.6 96.5 98.7 119.8 121.4 124.6 136.1 117.0 133.5 128.3 135.1
Aug 117.8 120.7 101.7 112.2 123.0 126.6 128.3 138.6 128.1 135.1 131.4 140.0
Sep 117.0 120.0 107.6 115.0 123.8 125.6 125.3 137.2 129.9 136.9 136.9 145.6
Oct 122.1 129.5 97.6 114.1 122.6 125.5 132.0 143.9 119.0 139.7 132.1 143.4
Nov 120.9 124.8 104.3 100.0 125.4 120.2 129.3 135.5 122.0 118.3 149.1 148.6
Dec 128.0 126.5 110.1 115.5 131.0 129.9 134.0 147.4 119.3 123.9 153.4 162.4
Jan 129.2 131.0 111.1 107.3 130.6 126.4 138.3 147.7 125.6 128.5 153.3 158.4
Feb* 119.5 120.9 118.8 108.3 124.8 118.7 138.5 141.8 124.0 125.5 146.6 152.9
Mar 136.5   130.5   137.4   147.9   136.1   154.5  
Average                        
             
Apr-Feb* 120.5 124.8 103.3 107.7 124.0 123.6 130.6 140.7 122.5 130.3 138.5 144.2
                         
Growth over the corresponding period of previous year                
             
Feb* 3.7 1.2 16.6 -8.8 3.4 -4.9 13.0 2.4 7.5 1.2 7.4 4.3
             
Apr-Feb* 3.8 3.6 4.9 4.3 2.2 -0.3 5.3 7.7 0.3 6.4 10.2 4.1
                         
* Figures for Feb 2019 are Quick Estimates.
NOTE : Indices for the months of Nov’18 and Jan’19 incorporate updated production data.

 

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high positive growth in production
1 Soyabean Oil 0.19 153.1
2 Telephones and mobile instruments 0.19 36.3
3 Anti-pyretic, analgesic/anti-inflammatory API & formulations 0.45 35.2
4 Roller and ball bearings 0.19 32.2
5 Readymade Garments, knitted 0.23 29.9
Item Groups with high negative growth in production
1 Printing machinery 0.46 -66.0
2 Air filters 0.19 -61.4
3 T.V.set 0.31 -54.5
4 API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive 0.31 -50.5
5 Bodies of trucks, lorries and trailers 0.26 -47.4
Sl No Item Group Weights (%) Contribution to IIP Growth
High Positive Contributors
1 Sunflower Oil 0.07 0.4778
2 Mining 14.37 0.2482
3 Anti-pyretic, analgesic/anti-inflammatory API & formulations 0.45 0.2470
4 Cement- all types 2.16 0.1936
5 Galvanised products of Steel (including colour coated, tin plates, TMBP and Tin free steel) 0.79 0.1593
High Negative Contributors
1 Industrial Valves of different types- safety, relief and control valves(non-electronic, non-electrical) 0.53 -0.3480
2 Bars and Rods of Alloy and Stainless Steel 0.57 -0.2686
3 Printing machinery 0.46 -0.2658
4 Copper bars, rods & wire rods 0.64 -0.2620
5 Air filters 0.19 -0.1962

 

 

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