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

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of June 2018 stands at 127.7, which is 7.0 percent higher as compared to the level in the month of June 2017. The cumulative growth for the period April-June 2018 over the corresponding period of the previous year stands at 5.2 percent.

  1. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of June 2018 stand at 105.0, 128.6 and 159.9 respectively, with the corresponding growth rates of 6.6 percent, 6.9 percent and 8.5 percent as compared to June 2017 (Statement I). The cumulative growth in these three sectors during April-June 2018 over the corresponding period of 2017 has been 5.4 percent, 5.2 percent and 4.9 percent respectively.
  2. In terms of industries, nineteen 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 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 44.1 percent followed by 20.5 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’ and 15.6 percent in ‘Manufacture of other transport equipment’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 40.2 percent followed by (-) 31.7 percent in ‘Manufacture of tobacco products’ and (-) 0.8 percent in ‘Manufacture of textiles’.
  3. As per Use-based classification, the growth rates in June 2018 over June 2017 are 9.3 percent in Primary goods, 9.6 percent in Capital goods, 2.4 percent in Intermediate goods and 8.5 percent in Infrastructure/ Construction Goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of 13.1 percent and 0.5 percent respectively.
  4. Details of item groups exhibiting larger variations in production in absolute terms and weighted terms in Statement IV.
  5. Along with the Quick Estimates of IIP for the month of June 2018, the indices for May 2018 have undergone the first revision and those for March 2018 have undergone the final revision in the light of the updated data received from the source agencies.
  6. 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 2018, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.
  7. Release of the Index for July 2018 will be on Wednesday, 12September 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 98.8 102.8 117.3 123.5 150.6 153.7 117.3 122.9
May 101.7 107.6 125.6 130.2 158.1 164.7 124.8 129.7
Jun* 98.5 105.0 120.3 128.6 147.4 159.9 119.3 127.7
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   140.2   156.7   140.3  
Average              
         
Apr-Jun 99.7 105.1 121.1 127.4 152.0 159.4 120.5 126.8
             
Growth over the corresponding period of previous year        
         
Jun* 0.1 6.6 -0.7 6.9 2.1 8.5 -0.3 7.0
         
Apr-Jun 1.1 5.4 1.6 5.2 5.3 4.9 1.9 5.2
                 
* Indices for Jun 2018 are Quick Estimates.
NOTE : Indices for the months of Mar’18 and May’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     Jun’17 Jun’18* Apr-Jun Jun’18* Apr-Jun
          2017-18 2018-19   2018-19
10 Manufacture of food products 5.3025 89.3 94.8 90.6 101.4 6.2 11.9
11 Manufacture of beverages 1.0354 105.4 116.5 112.8 121.1 10.5 7.4
12 Manufacture of tobacco products 0.7985 131.6 89.9 105.5 86.9 -31.7 -17.6
13 Manufacture of textiles 3.2913 116.4 115.5 116.4 115.9 -0.8 -0.4
14 Manufacture of wearing apparel 1.3225 145.2 151.6 152.5 145.0 4.4 -4.9
15 Manufacture of leather and related products 0.5021 128.6 131.2 132.2 131.2 2.0 -0.8
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 94.6 103.7 91.3 96.3 9.6 5.5
17 Manufacture of paper and paper products 0.8724 106.9 110.4 110.6 108.8 3.3 -1.6
18 Printing and reproduction of recorded media 0.6798 95.1 96.0 97.6 93.2 0.9 -4.5
19 Manufacture of coke and refined petroleum products 11.7749 117.5 131.5 119.1 126.3 11.9 6.0
20 Manufacture of chemicals and chemical products 7.8730 110.2 116.5 110.8 116.4 5.7 5.1
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 191.0 190.1 199.5 198.3 -0.5 -0.6
22 Manufacture of rubber and plastics products 2.4222 105.8 108.6 114.7 108.5 2.6 -5.4
23 Manufacture of other non-metallic mineral products 4.0853 113.3 125.7 112.6 124.4 10.9 10.5
24 Manufacture of basic metals 12.8043 135.1 140.9 133.9 139.0 4.3 3.8
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 97.2 108.8 95.5 106.4 11.9 11.4
26 Manufacture of computer, electronic and optical products 1.5704 124.0 178.7 125.5 168.8 44.1 34.5
27 Manufacture of electrical equipment 2.9983 97.6 112.3 101.1 108.0 15.1 6.8
28 Manufacture of machinery and equipment n.e.c. 4.7653 116.2 125.2 112.0 117.8 7.7 5.2
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 102.1 123.0 101.5 123.6 20.5 21.8
30 Manufacture of other transport equipment 1.7763 127.3 147.2 129.7 145.5 15.6 12.2
31 Manufacture of furniture 0.1311 186.0 205.8 180.3 199.3 10.6 10.5
32 Other manufacturing 0.9415 145.4 86.9 138.7 89.9 -40.2 -35.2
                 
05 Mining 14.3725 98.5 105.0 99.7 105.1 6.6 5.4
10-32 Manufacturing 77.6332 120.3 128.6 121.1 127.4 6.9 5.2
35 Electricity 7.9943 147.4 159.9 152.0 159.4 8.5 4.9
                 
  General Index 100.00 119.3 127.7 120.5 126.8 7.0 5.2
* Figures for June 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 122.0 129.0 99.7 106.6 123.3 124.3 130.8 140.5 125.1 133.1 140.9 138.0
Jun* 116.4 127.2 99.8 109.4 120.0 122.9 130.2 141.3 117.6 133.0 128.2 128.8
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   130.5   137.4   147.9   136.1   154.5  
Average                        
             
Apr-Jun 118.3 125.3 96.1 105.2 121.0 122.9 128.7 138.6 120.8 130.4 130.9 133.3
                         
Growth over the corresponding period of previous year            
             
Jun* -0.3 9.3 -6.1 9.6 -1.2 2.4 1.0 8.5 -3.5 13.1 4.8 0.5
             
Apr-Jun 2.2 5.9 -4.2 9.5 1.0 1.6 1.7 7.7 -1.2 7.9 7.8 1.8
                         
* Indices for Jun 2018 are Quick Estimates.
NOTE : Indices for the months of Mar’18 and May’18 incorporate updated production data.

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high positive growth in production
1 Stainless steel utensils 0.17 107.5
2 Transformers (Small) 0.22 46.3
3 Vaccine for veterinary medicine 0.45 45.9
4 API & formulations of vitamins 0.85 45.3
5 Commercial Vehicles 0.94 44.0
6 Cement Clinkers 0.51 28.0
7 Detergent cake, washing soap cake/ bar 0.46 27.9
Item Groups with high negative growth in production
1 Anti-malarial drugs 0.27 -88.4
2 Jewellery of gold (studded with stones or not) 0.44 -74.7
3 API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive 0.31 -73.9
4 Copper electrodes 0.22 -57.8
5 Other tobacco products 0.24 -53.4
6 Air filters 0.19 -49.7
7 Copper bars, rods & wire rods 0.64 -45.4
Sl No Item Group Weights (%) Contribution to IIP Growth
High Positive Contributors
1 Diesel 5.71 0.9242
2 Electricity 7.99 0.8376
3 Mining 14.37 0.7831
4 Scientific instruments/ apparatus for drawing, calculating and measurement 0.04 0.5042
5 Auto components/ spares and accessories 2.59 0.3715
High Negative Contributors
1 Jewellery of gold (studded with stones or not) 0.44 -0.3849
2 Copper bars, rods & wire rods 0.64 -0.2894
3 Other tobacco products 0.24 -0.2733
4 Anti-pyretic, analgesic/anti-inflammatory API & formulations 0.45 -0.2728
5 Digestive enzymes and antacids (incl. PPI drugs) 0.22 -0.2422

 

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