Home » Statistics » Quick Estimates of Index of Industrial Production And Use-Based Index for the Month of May, 2018 (Base 2011-12=100) 

Quick Estimates of Index of Industrial Production And Use-Based Index for the Month of May, 2018 (Base 2011-12=100) 

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of May 2018 stands at 128.8, which is 3.2 percent higher as compared to the level in the month of May 2017. The cumulative growth for the period April-May 2018 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 May 2018 stand at 107.5, 129.1 and 164.7 respectively, with the corresponding growth rates of 5.7 percent, 2.8 percent and 4.2 percent as compared to May 2017 (Statement I). The cumulative growth in these three sectors during April-May 2018 over the corresponding period of 2017 has been 4.9 percent, 4.0 percent and 3.1 percent respectively.

3.        In terms of industries, thirteen 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 May 2018 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of computer, electronic and optical products’ has shown the highest positive growth of 27.0 percent followed by 21.1 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’ and 13.2 percent in ‘Manufacture of furniture’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 31.9 percent followed by (-) 15.6 percent in ‘Manufacture of tobacco products’ and (-) 12.8 percent in ‘Manufacture of wearing apparel’.

4.        As per Use-based classification, the growth rates in May 2018 over May 2017 are 5.7 percent in Primary goods, 7.6 percent in Capital goods, 0.9 percent in Intermediate goods and 4.9 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 4.3 percent and (-) 2.6 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 May 2018, the indices for April 2018 have undergone the first revision and those for February 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 May 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 June 2018 will be on Friday, 10 August 2018.

AKT/SH/HS

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 98.8 102.8 117.3 123.5 150.6 153.7 117.3 122.9
May* 101.7 107.5 125.6 129.1 158.1 164.7 124.8 128.8
Jun 98.5   120.3   147.4   119.3  
Jul 92.4   119.3   151.9   118.0  
Aug 92.6   124.1   155.4   122.1  
Sep 94.4   125.6   150.5   123.1  
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   138.9   156.7   139.3  
Average              
         
Apr-May 100.3 105.2 121.5 126.3 154.4 159.2 121.1 125.9
             
Growth over the corresponding period of previous year

 

       
         
May 0.3 5.7 2.6 2.8 8.3 4.2 2.9 3.2
         
Apr-May 1.6 4.9 2.8 4.0 6.9 3.1 3.1 4.0
                 
* Indices for May 2018 are Quick Estimates.
NOTE : Indices for the months of Feb’18 and Apr’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     May’17 May’18* Apr-May May’18* Apr-May
          2017-18 2018-19   2018-19
10 Manufacture of food products 5.3025 90.9 100.4 91.2 104.6 10.5 14.7
11 Manufacture of beverages 1.0354 120.8 128.2 116.5 122.4 6.1 5.1
12 Manufacture of tobacco products 0.7985 111.3 93.9 92.5 85.2 -15.6 -7.9
13 Manufacture of textiles 3.2913 116.7 116.1 116.4 115.6 -0.5 -0.7
14 Manufacture of wearing apparel 1.3225 156.8 136.8 156.2 135.8 -12.8 -13.1
15 Manufacture of leather and related products 0.5021 136.7 134.6 134.1 131.8 -1.5 -1.7
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 93.2 95.2 89.7 92.6 2.1 3.2
17 Manufacture of paper and paper products 0.8724 114.3 108.6 112.4 108.1 -5.0 -3.8
18 Printing and reproduction of recorded media 0.6798 99.0 94.0 98.8 90.8 -5.1 -8.1
19 Manufacture of coke and refined petroleum products 11.7749 123.6 129.6 120.0 123.7 4.9 3.1
20 Manufacture of chemicals and chemical products 7.8730 113.6 119.8 111.1 116.3 5.5 4.7
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 225.2 206.8 203.7 201.6 -8.2 -1.0
22 Manufacture of rubber and plastics products 2.4222 120.4 111.0 119.1 108.5 -7.8 -8.9
23 Manufacture of other non-metallic mineral products 4.0853 114.0 119.1 112.3 120.9 4.5 7.7
24 Manufacture of basic metals 12.8043 135.4 139.7 133.3 137.6 3.2 3.2
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 95.2 107.5 94.6 105.4 12.9 11.4
26 Manufacture of computer, electronic and optical products 1.5704 136.1 172.8 126.3 161.0 27.0 27.5
27 Manufacture of electrical equipment 2.9983 107.6 107.0 102.9 104.4 -0.6 1.5
28 Manufacture of machinery and equipment n.e.c. 4.7653 118.7 120.8 109.9 115.3 1.8 4.9
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 102.8 124.5 101.3 123.2 21.1 21.6
30 Manufacture of other transport equipment 1.7763 136.9 148.0 130.9 144.7 8.1 10.5
31 Manufacture of furniture 0.1311 185.4 209.8 177.5 197.9 13.2 11.5
32 Other manufacturing 0.9415 131.7 89.7 135.3 91.6 -31.9 -32.3
                 
05 Mining 14.3725 101.7 107.5 100.3 105.2 5.7 4.9
10-32 Manufacturing 77.6332 125.6 129.1 121.5 126.3 2.8 4.0
35 Electricity 7.9943 158.1 164.7 154.4 159.2 4.2 3.1
                 
  General Index 100.00 124.8 128.8 121.1 125.9 3.2 4.0
* Figures for May 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 116.5 119.8 88.9 99.5 119.6 121.6 125.2 134.0 119.7 125.1 123.5 133.2
May* 122.0 128.9 99.7 107.3 123.3 124.4 130.8 137.2 125.1 130.5 140.9 137.3
Jun 116.4   99.8   120.0   130.2   117.6   128.2  
Jul 115.7   96.5   119.8   124.6   117.0   128.3  
Aug 117.8   101.7   123.0   128.3   128.1   131.4  
Sep 117.0   107.6   123.8   125.3   129.9   136.9  
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   127.0   137.2   147.7   133.4   152.6  
Average                        
             
Apr-May 119.3 124.4 94.3 103.4 121.5 123.0 128.0 135.6 122.4 127.8 132.2 135.3
                         
Growth over the corresponding period of previous year              
             
May 3.7 5.7 -1.6 7.6 0.7 0.9 -0.1 4.9 0.6 4.3 9.7 -2.6
             
Apr-May 3.4 4.3 -3.2 9.7 2.1 1.2 2.2 5.9 -0.1 4.4 9.3 2.3
                         
* Indices for May 2018 are Quick Estimates.
NOTE : Indices for the months of Feb’18 and Apr’18 incorporate updated production data.

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high positive growth in production
1 Sugar 0.76 889.7
2 API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive 0.31 145.6
3 Commercial Vehicles 0.94 72.6
4 Stainless steel utensils 0.17 61.7
5 NPK fertilizers 0.39 38.3
6 Steroids and hormonal preparations (including anti-fungal preparations) 0.72 29.6
7 Full-cream/ Toned/ Skimmed milk, whether or not chilled 0.42 23.4
Item Groups with high negative growth in production
1 Jewellery of gold (studded with stones or not) 0.44 -69.9
2 Bags/ pouches of HDPE/ LDPE (plastic) 0.34 -44.4
3 Copper electrodes 0.22 -42.3
4 Paper of all kinds excluding newsprint 0.25 -40.9
5 Material handling, lifting and hoisting equipment 0.14 -39.9
6 Copper bars, rods & wire rods 0.64 -39.6
7 Fragrances & Oil essentials 0.20 -36.0
Sl No Item Group Weights (%) Contribution to IIP Growth
High Positive Contributors
1 Mining 14.37 0.668
2 Scientific instruments/ apparatus for drawing, calculating and measurement 0.04 0.5043
3 Diesel 5.71 0.4944
4 Electricity 7.99 0.4228
5 Commercial Vehicles 0.94 0.3792
High Negative Contributors
1 Digestive enzymes and antacids (incl. PPI drugs) 0.22 -0.9537
2 Jewellery of gold (studded with stones or not) 0.44 -0.2984
3 Copper bars, rods & wire rods 0.64 -0.2169
4 Separators including decanter centrifuge 0.16 -0.1725
5 Readymade Garments, knitted 0.23 -0.1426

 

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