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Quick estimates of index of industrial production and use-based index of September 2018

New Delhi: The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of September 2018 stands at 128.6, which is 4.5 per cent higher as compared to the level in the month of September 2017. The cumulative growth for the period April-September 2018 over the corresponding period of the previous year stands at 5.1 per cent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2018 stand at 94.6, 131.4 and 162.9 respectively, with the corresponding growth rates of 0.2 percent, 4.6 percent and 8.2 per cent as compared to September 2017 (Statement I). The cumulative growth in these three sectors during April-September 2018 over the corresponding period of 2017 has been 3.3 percent, 5.3 percent and 6.2 percent respectively.

3.        In terms of industries, seventeen 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 September 2018 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of furniture’ has shown the highest positive growth of 32.8 percent followed by 20.9 percent in ‘Manufacture of wearing apparel’ and 20.6 percent in ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’. On the other hand, the industry group ‘Printing and reproduction of recorded media’ have shown the highest negative growth of (-) 12.9 percent followed by (-) 10.7 percent in ‘Other manufacturing’ and (-) 7.3 percent in ‘Manufacture of tobacco products’.

4.        As per Use-based classification, the growth rates in September 2018 over September 2017 are 2.6 percent in Primary goods, 5.8 percent in Capital goods, 1.4 percent in Intermediate goods and 9.5 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 5.2 percent and 6.1 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 September 2018, the indices for August 2018 have undergone the first revision and those for June 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 September 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 October 2018 will be on Wednesday, 12th December 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

102.6

117.3

123.1

150.6

153.7

117.3

122.6

May

101.7

107.6

125.6

130.1

158.1

164.7

124.8

129.6

Jun

98.5

104.9

120.3

128.6

147.4

159.9

119.3

127.7

Jul

92.4

95.5

119.3

127.6

151.9

162.1

118.0

125.7

Aug

92.6

92.1

124.1

130.4

155.4

167.2

122.1

127.8

Sep*

94.4

94.6

125.6

131.4

150.5

162.9

123.1

128.6

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-Sep

96.4

99.6

122.0

128.5

152.3

161.8

120.8

127.0

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

Sep*

7.6

0.2

3.8

4.6

3.4

8.2

4.1

4.5

 

 

 

 

 

 

 

 

 

Apr-Sep

3.9

3.3

2.0

5.3

5.7

6.2

2.6

5.1

 

 

 

 

 

 

 

 

 

* Indices for Sep 2018 are Quick Estimates.

         

NOTE : Indices for the months of Jun'18 and Aug'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

 

 

Sep'17

Sep'18*

Apr-Sep

Sep'18*

Apr-Sep

 

 

 

 

 

2017-18

2018-19

 

2018-19

10

Manufacture of food products

5.3025

95.0

111.1

92.7

102.9

16.9

11.0

11

Manufacture of beverages

1.0354

99.4

104.5

104.3

113.2

5.1

8.5

12

Manufacture of tobacco products

0.7985

98.6

91.4

97.6

87.4

-7.3

-10.5

13

Manufacture of textiles

3.2913

115.2

121.4

116.1

119.6

5.4

3.0

14

Manufacture of wearing apparel

1.3225

118.8

143.6

138.7

143.7

20.9

3.6

15

Manufacture of leather and related products

0.5021

115.6

118.7

125.6

128.0

2.7

1.9

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

91.1

109.9

92.2

102.8

20.6

11.5

17

Manufacture of paper and paper products

0.8724

105.9

105.4

110.6

108.3

-0.5

-2.1

18

Printing and reproduction of recorded media

0.6798

103.4

90.1

102.0

94.2

-12.9

-7.6

19

Manufacture of coke and refined petroleum products

11.7749

121.4

121.7

119.7

125.9

0.2

5.2

20

Manufacture of chemicals and chemical products

7.8730

118.5

120.0

113.3

118.6

1.3

4.7

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

213.1

225.3

201.5

207.3

5.7

2.9

22

Manufacture of rubber and plastics products

2.4222

107.5

112.2

111.7

109.0

4.4

-2.4

23

Manufacture of other non-metallic mineral products

4.0853

103.2

114.9

109.3

120.7

11.3

10.4

24

Manufacture of basic metals

12.8043

133.1

138.7

133.8

137.9

4.2

3.1

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

110.3

111.6

100.6

107.7

1.2

7.1

26

Manufacture of computer, electronic and optical products

1.5704

184.2

182.4

145.8

172.7

-1.0

18.4

27

Manufacture of electrical equipment

2.9983

114.1

110.4

103.3

107.5

-3.2

4.1

28

Manufacture of machinery and equipment n.e.c.

4.7653

126.1

133.4

114.3

119.6

5.8

4.6

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

116.3

127.4

107.5

125.7

9.5

16.9

30

Manufacture of other transport equipment

1.7763

149.8

166.9

135.8

153.4

11.4

13.0

31

Manufacture of furniture

0.1311

182.1

241.9

171.6

216.0

32.8

25.9

32

Other manufacturing

0.9415

108.4

96.8

120.4

93.4

-10.7

-22.4

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

94.4

94.6

96.4

99.6

0.2

3.3

10-32

Manufacturing

77.6332

125.6

131.4

122.0

128.5

4.6

5.3

35

Electricity

7.9943

150.5

162.9

152.3

161.8

8.2

6.2

 

 

 

 

 

 

 

 

 

 

General Index

100.00

123.1

128.6

120.8

127.0

4.5

5.1

* Figures for September 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

119.7

88.9

97.6

119.6

120.1

125.2

135.9

119.7

124.4

123.5

132.8

May

122.0

129.0

99.7

106.1

123.3

123.4

130.8

140.8

125.1

133.5

140.9

138.6

Jun

116.4

127.1

99.8

109.5

120.0

121.8

130.2

142.4

117.6

133.6

128.2

128.5

Jul

115.7

123.5

96.5

99.2

119.8

121.0

124.6

136.1

117.0

133.7

128.3

135.4

Aug

117.8

120.7

101.7

111.2

123.0

126.4

128.3

138.5

128.1

134.9

131.4

139.9

Sep*

117.0

120.0

107.6

113.8

123.8

125.5

125.3

137.2

129.9

136.7

136.9

145.3

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-Sep

117.6

123.3

99.0

106.2

121.6

123.0

127.4

138.5

122.9

132.8

131.5

136.8

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sep*

6.6

2.6

8.7

5.8

2.1

1.4

0.5

9.5

-4.1

5.2

10.5

6.1

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Sep

3.7

4.8

0.3

7.3

0.3

1.2

2.1

8.7

-1.0

8.1

7.5

4.0

 

 

 

 

 

 

 

 

 

 

 

 

 

                         

* Indices for Sep 2018 are Quick Estimates.

                 

NOTE : Indices for the months of Jun'18 and Aug'18 incorporate updated production data.

         

 

STATEMENT IV

 

Sl No

Item Group

Weights (%)

Production Growth (%)

Item Groups with high positive growth in production

1

Antidiabetic drugs excl. Insulin (Metformin, Pioglitazone, Glimepiride, etc.)

0.12

57.5

2

Cement Clinkers

0.51

45.6

3

Commercial Vehicles

0.94

40.8

4

Roller and ball bearings

0.19

39.8

5

Separators including decanter centrifuge

0.16

34.5

Item Groups with high negative growth in production

1

T.V.set

0.31

-52.9

2

Air filters

0.19

-46.7

3

Pig iron

0.40

-43.3

4

Steroids and hormonal preparations (including anti-fungal preparations)

0.72

-41.3

5

Bodies of trucks, lorries and trailers

0.26

-40.7

       

 

 

 

 

Sl No

Item Group

Weights (%)

Contribution to IIP Growth

High Positive Contributors

1

Digestive enzymes and antacids (incl. PPI drugs)

0.22

0.8212

2

Electricity

7.99

0.8053

3

Sunflower Oil

0.07

0.3514

4

Commercial Vehicles

0.94

0.2977

5

Cement- all types

2.16

0.2565

High Negative Contributors

1

Anti-pyretic, analgesic/anti-inflammatory API & formulations

0.45

-0.3998

2

Pig iron

0.40

-0.2407

3

T.V.set

0.31

-0.2276

4

Steroids and hormonal preparations (including anti-fungal preparations)

0.72

-0.2119

5

Copper bars, rods & wire rods

0.64

-0.1982

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