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

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of June 2019stands at 130.2, which is 2.0 percent higher as compared to the level in the month of June 2018. The cumulative growth for the period April-June 2019 over the corresponding period of the previous year stands at 3.6 percent.

2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of June 2019 stand at 106.6, 130.1 and 173.0 respectively, with the corresponding growth rates of 1.6 percent, 1.2 percent and 8.2 percent as compared to June 2018 (Statement I). The cumulative growth in these three sectors during April-June 2019 over the corresponding period of 2018 has been 3.0 percent, 3.1 percent and 7.2 percent respectively.

3. In terms of industries, eight 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 June 2019 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of basic metals’ has shown the highest positive growth of 17.7 percent followed by 16.5 percent in ‘Manufacture of food products’ and 10.3 percent in‘Manufacture of tobacco products’.On the other hand, the industry group ‘Manufacture of paper and paper products’ has shown the highest negative growth of (-) 19.9 percent followed by (-) 14.3 percent in ‘Manufacture of furniture’ and (-) 13.9 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’.

4. As per Use-based classification, the growth rates in June 2019 over June 2018 are 0.5 percent in Primary goods, (-) 6.5 percent in Capital goods, 12.4 percent in Intermediate goods and (-) 1.8 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 5.5 percent and 7.8 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 June 2019, the indices for May 2019 have undergone the first revision and those for March 2019 have undergone the final revision in the light of the updated data received from the source agencies. The increase in first and final revisions is mainly due to increase in production related to steel items reported by concerned source agency.

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 June 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 July 2019 will be on Thursday, 12 September 2019.

 

STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL
(Base : 2011-12=100)
Month Mining Manufacturing Electricity General
(14.372472) (77.63321) (7.994318) (100)
2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20
Apr 102.6 107.8 123.1 128.0 153.7 162.9 122.6 127.9
May 107.6 110.2 130.1 135.9 164.7 176.9 129.6 135.5
Jun* 104.9 106.6 128.6 130.1 159.9 173.0 127.7 130.2
Jul 95.5   127.6   162.0   125.7  
Aug 92.0   130.6   167.2   128.0  
Sep 94.5   131.6   162.9   128.8  
Oct 108.2   133.9   166.0   132.8  
Nov 110.6   126.8   147.3   126.1  
Dec 114.4   135.8   150.4   133.9  
Jan 119.1   135.5   150.9   134.4  
Feb 112.5   129.3   137.9   127.6  
Mar 132.7   144.6   160.1   144.1  
Average              
         
Apr-Jun 105.0 108.2 127.3 131.3 159.4 170.9 126.6 131.2
             
Growth over the corresponding period of previous year        
         
Jun* 6.5 1.6 6.9 1.2 8.5 8.2 7.0 2.0
         
Apr-Jun 5.3 3.0 5.1 3.1 4.9 7.2 5.1 3.6
                 
* Figures for Jun 2019 are Quick Estimates.
NOTE : Indices for the months of Mar’19 and May’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     Jun’18 Jun’19* Apr-Jun* Jun’19* Apr-Jun*
          2018-19 2019-20   2019-20
10 Manufacture of food products 5.3025 94.3 109.9 101.7 116.5 16.5 14.6
11 Manufacture of beverages 1.0354 117.4 125.0 122.2 126.6 6.5 3.6
12 Manufacture of tobacco products 0.7985 89.1 98.3 87.0 91.9 10.3 5.6
13 Manufacture of textiles 3.2913 117.1 112.5 117.4 117.5 -3.9 0.1
14 Manufacture of wearing apparel 1.3225 151.6 161.7 142.6 163.6 6.7 14.7
15 Manufacture of leather and related products 0.5021 130.8 127.4 130.0 130.3 -2.6 0.2
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 112.4 115.1 99.5 117.0 2.4 17.6
17 Manufacture of paper and paper products 0.8724 110.6 88.6 108.9 92.8 -19.9 -14.8
18 Printing and reproduction of recorded media 0.6798 97.2 91.6 94.0 98.6 -5.8 4.9
19 Manufacture of coke and refined petroleum products 11.7749 131.3 121.2 126.2 123.5 -7.7 -2.1
20 Manufacture of chemicals and chemical products 7.8730 116.5 115.6 116.4 116.8 -0.8 0.3
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 189.6 203.3 197.4 210.9 7.2 6.8
22 Manufacture of rubber and plastics products 2.4222 108.5 103.0 108.1 103.7 -5.1 -4.1
23 Manufacture of other non-metallic mineral products 4.0853 127.5 122.8 126.4 125.0 -3.7 -1.1
24 Manufacture of basic metals 12.8043 139.0 163.6 137.1 158.5 17.7 15.6
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 109.5 98.1 106.6 96.1 -10.4 -9.8
26 Manufacture of computer, electronic and optical products 1.5704 178.9 197.1 171.8 190.1 10.2 10.7
27 Manufacture of electrical equipment 2.9983 111.5 99.8 107.9 102.9 -10.5 -4.6
28 Manufacture of machinery and equipment n.e.c. 4.7653 125.0 116.8 116.0 114.2 -6.6 -1.6
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 123.7 106.5 124.3 113.8 -13.9 -8.4
30 Manufacture of other transport equipment 1.7763 150.4 146.1 146.5 144.1 -2.9 -1.6
31 Manufacture of furniture 0.1311 233.2 199.8 206.7 186.1 -14.3 -10.0
32 Other manufacturing 0.9415 86.9 80.0 89.9 85.1 -7.9 -5.3
                 
05 Mining 14.3725 104.9 106.6 105.0 108.2 1.6 3.0
10-32 Manufacturing 77.6332 128.6 130.1 127.3 131.3 1.2 3.1
35 Electricity 7.9943 159.9 173.0 159.4 170.9 8.2 7.2
                 
  General Index 100.00 127.7 130.2 126.6 131.2 2.0 3.6
* Figures for June 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)
  2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20
Apr 119.7 125.8 97.6 98.8 120.1 122.4 135.9 145.7 124.4 127.1 132.8 140.6
May 129.0 131.9 106.1 104.6 123.4 140.3 140.8 143.3 133.5 133.9 138.6 149.8
Jun* 127.1 127.7 109.5 102.4 121.8 136.9 142.4 139.8 133.6 126.2 128.5 138.5
Jul 123.6   98.7   121.4   136.1   133.5   135.1  
Aug 120.7   112.2   126.6   138.6   135.1   140.0  
Sep 120.0   115.0   125.6   137.2   136.9   145.6  
Oct 129.5   114.1   125.5   143.9   139.7   143.4  
Nov 124.8   100.0   120.2   135.5   118.3   148.6  
Dec 126.6   114.7   129.9   146.1   124.2   163.4  
Jan 131.0   107.1   127.0   147.2   128.7   159.2  
Feb 121.1   107.7   118.5   141.1   125.1   153.9  
Mar 140.0   118.6   154.4   155.4   131.7   156.6  
Average                        
             
Apr-Jun 125.3 128.5 104.4 101.9 121.8 133.2 139.7 142.9 130.5 129.1 133.3 143.0
                         
Growth over the corresponding period of previous year                
             
Jun* 9.2 0.5 9.7 -6.5 1.5 12.4 9.4 -1.8 13.6 -5.5 0.2 7.8
             
Apr-Jun 5.9 2.6 8.6 -2.4 0.7 9.4 8.5 2.3 8.0 -1.1 1.8 7.3
                         
* Figures for Jun 2019 are Quick Estimates.
NOTE : Indices for the months of Mar’19 and May’19 incorporate updated production data.

 

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high positive growth in production
1 MS slabs 0.84 153.3
2 Ship building and parts thereof 0.19 100.3
3 Fragrances & Oil essentials 0.20 89.6
4 Anti-pyretic, analgesic/anti-inflammatory API & formulations 0.45 68.4
5 Pipes and tubes of Steel 0.34 61.1
Item Groups with high negative growth in production
1 Harvesters and threshers 0.21 -79.4
2 Printed Circuit Boards (whether or not mounted with IC chips /components) 0.22 -50.5
3 Bars and Rods of Alloy and Stainless Steel 0.57 -50.2
4 Steroids and hormonal preparations (including anti-fungal preparations) 0.72 -44.5
5 Newsprint 0.39 -39.0
Sl No Item Group Weights (%) Contribution to IIP Growth
High Positive Contributors
1 MS slabs 0.84 1.8198
2 Electricity 7.99 0.8201
3 Sunflower Oil 0.07 0.4966
4 HR coils and sheets  of mild steel 1.35 0.4721
5 Anti-pyretic, analgesic/anti-inflammatory API & formulations 0.45 0.4566
High Negative Contributors
1 Bars and Rods of Alloy and Stainless Steel 0.57 -0.5830
2 Diesel 5.71 -0.5458
3 Steel Structurals (including angles, shapes, sections, etc.) 0.79 -0.2386
4 Auto components/ spares and accessories 2.59 -0.2213
5 Two-wheelers (motorcycles/ scooters) 1.36 -0.2103

 

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