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

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of October 2019 stands at 127.7, which is 3.8 percent lower as compared to the level in the month of October 2018. The cumulative growth for the period April-October 2019 over the corresponding period of the previous year stands at 0.5 percent.

2.     The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2019 stand at 99.5, 131.1 and 145.8 respectively, with the corresponding growth rates of (-) 8.0 percent, (-) 2.1 percent and (-) 12.2 percent as compared to October 2018 (Statement I). The cumulative growth in these three sectors during April-October 2019 over the corresponding period of 2018 has been (-) 0.4 percent, 0.5 percent and 1.6 percent respectively.

3.     In terms of industries, eighteen out of the twenty three industry groups (as per 2-digit level of National Industrial Classification-2008) in the manufacturing sector have shown negative growth during the month of October 2019 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 negative growth of     (-) 31.3 percent followed by (-) 27.9 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’. On the other hand, the industry group ‘Manufacture of chemicals and chemical products’ has shown the highest positive growth of 31.8 percent followed by 9.4 percent in ‘Manufacture of basic metals’.

4.     As per Use-based classification, the growth rates in October 2019 over October 2018 are (-) 6.0 percent in Primary goods, (-) 21.9 percent in Capital goods, 22.2 percent in Intermediate goods and (-) 9.2 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 18.0 percent and (-) 1.1 percent respectively.

5.     Details of item groups exhibiting larger variations in production in absolute terms and weighted terms are at Statement IV.

6.     Along with the Quick Estimates of IIP for the month of October 2019, the indices for September 2019 have undergone the first revision and those for July 2019 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 October 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 November 2019 will be on Friday, 10 January 2020.

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)
2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20
Apr 102.6 107.8 123.1 126.2 153.7 162.9 122.6 126.5
May 107.6 110.1 130.1 135.8 164.7 176.9 129.6 135.4
Jun 104.9 106.5 128.6 129.0 159.9 173.6 127.7 129.3
Jul 95.5 100.2 127.6 133.7 162.0 170.5 125.7 131.8
Aug 92.0 92.0 130.6 128.5 167.2 165.7 128.0 126.2
Sep 94.5 86.4 131.6 126.4 162.9 158.7 128.8 123.2
Oct* 108.2 99.5 133.9 131.1 166.0 145.8 132.8 127.7
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-Oct 100.8 100.4 129.4 130.1 162.3 164.9 127.9 128.6
             
Growth over the corresponding period of previous year        
         
Oct* 7.3 -8.0 8.2 -2.1 10.8 -12.2 8.4 -3.8
         
Apr-Oct 3.9 -0.4 5.8 0.5 6.8 1.6 5.7 0.5
                 
* Figures for Oct 2019 are Quick Estimates.
NOTE : Indices for the months of Jul’19 and Sep’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     Oct’18 Oct’19* Apr-Oct* Oct’19* Apr-Oct*
          2018-19 2019-20   2019-20
10 Manufacture of food products 5.3025 117.8 115.3 104.9 115.0 -2.1 9.6
11 Manufacture of beverages 1.0354 98.8 91.7 110.7 111.2 -7.2 0.5
12 Manufacture of tobacco products 0.7985 100.4 92.8 89.3 93.9 -7.6 5.2
13 Manufacture of textiles 3.2913 120.2 112.0 119.8 114.5 -6.8 -4.4
14 Manufacture of wearing apparel 1.3225 141.1 137.5 143.2 159.3 -2.6 11.2
15 Manufacture of leather and related products 0.5021 119.2 111.7 126.5 124.0 -6.3 -2.0
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 108.6 115.6 104.2 117.4 6.4 12.7
17 Manufacture of paper and paper products 0.8724 108.3 91.6 108.0 93.4 -15.4 -13.5
18 Printing and reproduction of recorded media 0.6798 97.3 80.5 95.3 91.2 -17.3 -4.3
19 Manufacture of coke and refined petroleum products 11.7749 131.2 132.1 126.6 125.4 0.7 -0.9
20 Manufacture of chemicals and chemical products 7.8730 118.0 155.5 118.6 124.3 31.8 4.8
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 212.3 217.1 208.0 216.2 2.3 3.9
22 Manufacture of rubber and plastics products 2.4222 113.1 95.5 109.8 102.1 -15.6 -7.0
23 Manufacture of other non-metallic mineral products 4.0853 124.7 112.8 121.3 118.9 -9.5 -2.0
24 Manufacture of basic metals 12.8043 143.2 156.7 138.6 156.9 9.4 13.2
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 105.9 85.3 107.3 91.8 -19.5 -14.4
26 Manufacture of computer, electronic and optical products 1.5704 197.2 135.5 176.6 166.3 -31.3 -5.8
27 Manufacture of electrical equipment 2.9983 115.6 110.6 108.9 105.8 -4.3 -2.8
28 Manufacture of machinery and equipment n.e.c. 4.7653 130.1 106.6 121.5 108.4 -18.1 -10.8
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 132.1 95.3 126.7 105.3 -27.9 -16.9
30 Manufacture of other transport equipment 1.7763 164.3 133.4 154.4 142.6 -18.8 -7.6
31 Manufacture of furniture 0.1311 215.2 182.5 219.4 197.6 -15.2 -9.9
32 Other manufacturing 0.9415 102.1 75.1 95.0 85.7 -26.4 -9.8
                 
05 Mining 14.3725 108.2 99.5 100.8 100.4 -8.0 -0.4
10-32 Manufacturing 77.6332 133.9 131.1 129.4 130.1 -2.1 0.5
35 Electricity 7.9943 166.0 145.8 162.3 164.9 -12.2 1.6
                 
  General Index 100.00 132.8 127.7 127.9 128.6 -3.8 0.5
* Figures for October 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 96.2 120.1 123.7 135.9 135.0 124.4 127.1 132.8 140.0
May 129.0 131.9 106.1 103.9 123.4 138.8 140.8 145.0 133.5 133.8 138.6 149.8
Jun 127.1 127.8 109.5 101.9 121.8 136.5 142.4 140.6 133.6 120.0 128.5 138.0
Jul 123.6 128.1 98.7 91.8 121.4 140.4 136.1 140.1 133.5 130.3 135.1 146.6
Aug* 120.7 121.9 112.2 88.2 126.6 135.3 138.6 131.9 135.1 122.8 140.0 144.3
Sep* 120.0 113.8 115.0 91.6 125.6 134.4 137.2 127.9 136.9 123.3 145.6 145.0
Oct* 129.5 121.7 114.1 89.1 125.5 153.4 143.9 130.6 139.7 114.5 143.4 141.8
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-Oct 124.2 124.4 107.6 94.7 123.5 137.5 139.3 135.9 133.8 124.5 137.7 143.6
                         
Growth over the corresponding period of previous year                
             
Oct 6.1 -6.0 16.9 -21.9 2.4 22.2 9.0 -9.2 17.4 -18.0 8.6 -1.1
             
Apr-Oct 5.1 0.2 8.9 -12.0 1.5 11.3 8.7 -2.4 9.4 -7.0 4.6 4.3
                         
* Indices for Oct 2019 are Quick Estimates.
NOTE : Indices for the months of Jul’19 and Sep’19 incorporate updated production data.

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high negative growth in production
1 Harvesters and threshers 0.21 -74.2
2 Printed Circuit Boards (whether or not mounted with IC chips /components) 0.22 -55.5
3 Bars and Rods of Alloy and Stainless Steel 0.57 -55.4
4 Cut & Polished diamonds 0.16 -51.4
5 Meters (electric and non-electric) 0.16 -46.4
Item Groups with high positive growth in production
1 MS slabs 0.84 166.0
2 Electric heaters 0.25 158.5
3 Ship building and parts thereof 0.19 56.1
4 Pipes and tubes of Steel 0.34 54.7
5 Industrial Valves of different types- safety, relief and control valves(non-electronic, non-electrical) 0.53 28.3
Sl No Item Group Weights (%) Contribution to IIP Growth
High Negative Contributors
1 Electricity 7.99 -1.2160
2 Mining 14.37 -0.9416
3 Bars and Rods of Alloy and Stainless Steel 0.57 -0.6114
4 Auto components/ spares and accessories 2.59 -0.6109
5 Two-wheelers (motorcycles/ scooters) 1.36 -0.4979
High Positive Contributors
1 Fragrances & Oil essentials 0.20 2.5036
2 MS slabs 0.84 1.8891
3 Digestive enzymes and antacids (incl. PPI drugs) 0.22 0.4187
4 HR coils and sheets  of mild steel 1.35 0.3676
5 Electric heaters 0.25 0.2565

 

 

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