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Quick Estimates Of Index Of Industrial Production (IIP) (Base: 2011-12) For November, 2017

Jan 13, 2018: Ministry of Statistics & Programme Implementation has released on 12th January, 2018 the Quick estimates of Index of Industrial Production and use-based Index for the month of November, 2017 (Base 2011-12=100).

1. The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of November 2017 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 14 source agencies viz. (i) Department of Industrial Policy & Promotion (DIPP); (ii) Indian Bureau of Mines; (iii) Central Electricity Authority; (iv) Joint Plant Committee, Ministry of Steel; (v) Ministry of Petroleum & Natural Gas; (vi) Office of Textile Commissioner; (vii) Department of Chemicals & Petrochemicals; (viii) Directorate of Sugar & Vegetable Oils; (ix) Department of Fertilizers; (x) Tea Board; (xi) Office of Jute Commissioner; (xii) Office of Coal Controller; (xiii) Railway Board; and (xiv) Coffee Board.

2. The General Index for the month of November 2017 stands at 125.6, which is 8.4 percent higher as compared to the level in the month of November 2016. The cumulative growth for the period April-November 2017 over the corresponding period of the previous year stands at 3.2 percent.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of November 2017 stand at 107.4, 127.5 and 140.1 respectively, with the corresponding growth rates of 1.1 percent, 10.2 percent and 3.9 percent as compared to November 2016 (Statement I). The cumulative growth in these three sectors during April-November 2017 over the corresponding period of 2016has been 3.0 percent, 3.1 percent and 5.2 percent respectively.

4. In terms of industries, fifteen out of the twenty three industry groups (asper 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of November 2017 as compared to the corresponding month of the previous year (Statement II).The industry group ‘Manufacture of pharmaceuticals, medicinal chemical and botanical products’ has shown the highest positive growth of 39.5 percent followed by 29.1 percent in ‘Manufacture of computer, electronic and optical products’ and 22.6 percent in ‘Manufacture of other transport equipment’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 15.9 percent followed by (-) 13.1 percent in ‘Manufacture of wearing apparel’ and (-) 11.2 percent in ‘Manufacture of electrical equipment’.

5. As per Use-based classification, the growth rates in November 2017 over November 2016 are 3.2 percent in Primary goods, 9.4 percent in Capital goods, 5.5 percent in Intermediate goods and 13.5 percent in Infrastructure/ Construction Goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of 2.5percent and 23.1 percent respectively.

6. Some important item groups showing high positive growth during the current month over the same month in previous year include ‘Bodies of trucks, lorries and trailers’ (202.0%), ‘Digestive enzymes and antacids (incl. PPI drugs)’ (110.7%), ‘Separators including decanter centrifuge’ (71.4%), ‘Axle’ (61.9%), ‘Stainless Steel utensils’ (55.5%), ‘Sugar’ (46.4%), ‘Steroids and hormonal preparations (including anti-fungal preparations)’ (40.9%), ‘HR coils and sheets  of mild steel’ (37.2%), ‘HR plates of mild steel’ (22.8%) and ‘Two-wheelers (motorcycles/ scooters)’ (20.7%).

7. Some important item groups that have registered high negative growth include ‘Jewellery of gold (studded with stones or not)’ [(-) 68.7%], ‘Anti-malarial drug’ [(-) 66.4%], ‘Hand Tools incl. interchangeable tools, not mechanised’ [(-) 51.8%], ‘Plastic jars, bottles and containers’ [(-)43.9%],‘Printing Machinery’ [(-) 40.4%], ‘Electric heaters’ [(-) 37.1%], ‘Purified Terephthalic Acid (PTA)’ [(-) 27.7%], ‘Bags/ pouches of HDPE/ LDPE (plastic)’ [(-) 24.8%], ‘Plastic components of packing/ closing/ bottling articles & of electrical fittings’ [(-) 23.0%], ‘Electrical apparatus for switching or protecting electrical circuits (e.g switchgear, circuit breakers/switches,control/ meter panel)’ [(-) 22.6%], ‘Readymade Garments, knitted’ [(-) 21.6%], ‘Generators / Alternators’ [(-) 21.6%] and‘Tooth Paste’ [(-) 20.2%].

8. Taking into account the weights, the dominant item groups (five each) which have positively and negatively contributed to the overall growth of IIP are given below:


9. Along with the Quick Estimates of IIP for the month of November 2017, the indices for October 2017 have undergone the first revision and those for August 2017 have undergone the final revision in the light of the updated data received from the source agencies.

10. 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 2017, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.


STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL
(Base : 2011-12=100)
Index of Industrial Production and use-based Index for the month of November, 2017
* Indices for Nov 2017 are Quick Estimates.
NOTE: Indices for the months of Aug'17 and Oct'17 incorporate updated production data.

STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)
(Base: 2011-12=100)
Index of Industrial Production and use-based Index for the month of November, 2017
* Figures for Nov 2017 are Quick Estimates.

STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base :2011-12=100)
Index of Industrial Production and use-based Index for the month of November, 2017
* Indices for Nov 2017 are Quick Estimates.
NOTE: Indices for the months of Aug'17 and Oct'17 incorporate updated production data.

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