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

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of November 2019 stands at 128.4, which is 1.8 percent higher as compared to the level in the month of November 2018. The cumulative growth for the period April-November 2019 over the corresponding period of the previous year stands at 0.6 percent.

2.     The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of November 2019 stand at 112.5, 130.2 and 139.9 respectively, with the corresponding growth rates of 1.7 percent, 2.7 percent and (-) 5.0 percent as compared to November 2018 (Statement I). The cumulative growth in these three sectors during April-November 2019 over the corresponding period of 2018 has been (-) 0.1 percent, 0.9 percent and 0.8 percent respectively.

3.     In terms of industries, thirteen out of the twenty three industry groups (as per 2-digit level of National Industrial Classification-2008) in the manufacturing sector have shown positive growth during the month of November 2019 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’ has shown the highest positive growth of 23.2 percent followed by 12.9 percent in ‘Manufacture of basic metals’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 13.5 percent followed by (-) 12.6 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’.

4.     As per Use-based classification, the growth rates in November 2019 over November 2018 are (-) 0.3 percent in Primary goods, (-) 8.6 percent in Capital goods, 17.1 percent in Intermediate goods and (-) 3.5 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 1.5 percent and 2.0 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 November 2019, the indices for October 2019 have undergone the first revision and those for August 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 November 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 December 2019 will be on Wednesday, 12 February 2020.

 

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 92.0 130.6 128.4 167.2 165.7 128.0 126.2
Sep 94.5 86.4 131.6 126.4 162.9 158.7 128.8 123.2
Oct 108.2 99.5 133.9 130.8 166.0 145.8 132.8 127.5
Nov* 110.6 112.5 126.8 130.2 147.3 139.9 126.1 128.4
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-Nov 102.0 101.9 129.0 130.1 160.5 161.8 127.7 128.5
Growth over the corresponding period of previous year
Nov* 2.7 1.7 -0.7 2.7 5.1 -5.0 0.2 1.8
Apr-Nov 3.7 -0.1 4.9 0.9 6.6 0.8 5.0 0.6
* Figures for Nov 2019 are Quick Estimates.
NOTE : Indices for the months of Aug’19 and Oct’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 Nov’18 Nov’19* Apr-Nov* Nov’19* Apr-Nov*
2018-19 2019-20 2019-20
10 Manufacture of food products 5.3025 130.3 128.3 108.1 116.8 -1.5 8.0
11 Manufacture of beverages 1.0354 97.7 101.6 109.1 110.0 4.0 0.8
12 Manufacture of tobacco products 0.7985 104.1 100.3 91.1 94.8 -3.7 4.1
13 Manufacture of textiles 3.2913 113.6 115.7 119.0 114.7 1.8 -3.6
14 Manufacture of wearing apparel 1.3225 135.7 139.1 142.3 155.7 2.5 9.4
15 Manufacture of leather and related products 0.5021 107.9 114.6 124.2 122.6 6.2 -1.3
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 94.0 115.8 103.0 116.5 23.2 13.1
17 Manufacture of paper and paper products 0.8724 99.0 92.0 106.9 93.3 -7.1 -12.7
18 Printing and reproduction of recorded media 0.6798 91.5 84.4 94.8 90.2 -7.8 -4.9
19 Manufacture of coke and refined petroleum products 11.7749 126.7 129.0 126.7 125.9 1.8 -0.6
20 Manufacture of chemicals and chemical products 7.8730 110.9 120.7 117.6 124.0 8.8 5.4
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 220.9 228.4 209.6 217.3 3.4 3.7
22 Manufacture of rubber and plastics products 2.4222 101.8 100.5 108.8 101.8 -1.3 -6.4
23 Manufacture of other non-metallic mineral products 4.0853 115.5 116.3 120.6 118.6 0.7 -1.7
24 Manufacture of basic metals 12.8043 139.5 157.5 138.8 156.9 12.9 13.0
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 92.9 87.5 105.5 91.2 -5.8 -13.6
26 Manufacture of computer, electronic and optical products 1.5704 147.4 132.8 172.9 162.2 -9.9 -6.2
27 Manufacture of electrical equipment 2.9983 105.2 114.2 108.5 106.7 8.6 -1.7
28 Manufacture of machinery and equipment n.e.c. 4.7653 113.5 109.0 120.5 108.5 -4.0 -10.0
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 112.7 98.5 124.9 104.3 -12.6 -16.5
30 Manufacture of other transport equipment 1.7763 138.6 139.9 152.4 142.6 0.9 -6.4
31 Manufacture of furniture 0.1311 186.1 196.6 215.3 197.8 5.6 -8.1
32 Other manufacturing 0.9415 75.5 65.3 92.5 82.8 -13.5 -10.5
05 Mining 14.3725 110.6 112.5 102.0 101.9 1.7 -0.1
10-32 Manufacturing 77.6332 126.8 130.2 129.0 130.1 2.7 0.9
35 Electricity 7.9943 147.3 139.9 160.5 161.8 -5.0 0.8
General Index 100.00 126.1 128.4 127.7 128.5 1.8 0.6
* Figures for November 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 88.7 126.6 135.9 138.6 130.7 135.1 122.0 140.0 144.4
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 89.0 125.5 154.3 143.9 129.9 139.7 113.5 143.4 140.8
Nov* 124.8 124.4 100.0 91.4 120.2 140.7 135.5 130.8 118.3 116.5 148.6 151.6
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-Nov 124.3 124.4 106.7 94.3 123.1 138.1 138.8 135.0 131.9 123.3 139.1 144.5
Growth over the corresponding period of previous year
Nov 3.2 -0.3 -4.1 -8.6 -4.1 17.1 4.8 -3.5 -3.0 -1.5 -0.3 2.0
Apr-Nov 4.8 0.1 7.2 -11.6 0.7 12.2 8.3 -2.7 7.8 -6.5 4.0 3.9
* Indices for Nov 2019 are Quick Estimates.
NOTE : Indices for the months of Aug’19 and Oct’19 incorporate updated production data.

 

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high positive growth in production
1 Fragrances & Oil essentials 0.20 161.5
2 MS slabs 0.84 151.1
3 Electric heaters 0.25 146.0
4 Pipes and tubes of Steel 0.34 87.2
5 Vaccine for veterinary medicine 0.45 52.1
Item Groups with high negative growth in production
1 Bars and Rods of Alloy and Stainless Steel 0.57 -61.0
2 Harvesters and threshers 0.21 -58.3
3 Printed Circuit Boards (whether or not mounted with IC chips /components) 0.22 -52.7
4 Sugar 0.76 -48.5
5 Printing machinery 0.46 -39.7
Sl No Item Group Weights (%) Contribution to IIP Growth
High Positive Contributors
1 MS slabs 0.84 1.8322
2 HR coils and sheets  of mild steel 1.35 0.3177
3 Electric heaters 0.25 0.2916
4 Fragrances & Oil essentials 0.20 0.2794
5 Pipes and tubes of Steel 0.34 0.2589
High Negative Contributors
1 Bars and Rods of Alloy and Stainless Steel 0.57 -0.6654
2 Sugar 0.76 -0.4756
3 Electricity 7.99 -0.4691
4 Steel Structurals (including angles, shapes, sections, etc.) 0.79 -0.3281
5 Auto components/ spares and accessories 2.59 -0.2857

 

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