Quick Estimates of Index of Industrial Prod & Use-Based Index for Month Sept, 2019

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Index of Industrial Production (IIP)
Index of Industrial Production (IIP)

PIB News Update: The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of September 2019stands at 123.3, which is 4.3 percent lower as compared to the level in the month of September 2018. The cumulative growth for the period April-September 2019 over the corresponding period of the previous year stands at 1.3 percent.

2.  The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2019 stand at 86.5, 126.5 and 158.7 respectively, with the corresponding growth rates of (-) 8.5 percent, (-) 3.9 percent and (-) 2.6 percent as compared to September 2018 (Statement I). The cumulative growth in these three sectors during April-September 2019 over the corresponding period of 2018 has been 1.0 percent, 1.0 percent and 3.8 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 negative growth during the month of September 2019 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of motor vehicles, trailers and semi-trailers’ has shown the highest negative growth of (-) 24.8 percent followed by (-) 23.6 percent in ‘Manufacture of furniture’ and (-) 22.0 percent in‘Manufacture of fabricated metal products, except machinery and equipment’.On the other hand, 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 15.5 percent followed by 9.2 percent in ‘Manufacture of basic metals’.

4.  As per Use-based classification, the growth rates in September 2019 over September 2018 are (-) 5.1 percent in Primary goods, (-) 20.7 percent in Capital goods, 7.0 percent in Intermediate goods and (-) 6.4 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 9.9 percent and (-) 0.4 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 September 2019, the indices for August 2019 have undergone the first revision and those for June 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 September 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 October 2019 will be on Thursday, 12 December 2019.

 

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 95.5 100.1 127.6 133.4 162.0 169.7 125.7 131.5
Aug 92.0 92.0 130.6 128.5 167.2 165.7 128.0 126.2
Sep* 94.5 86.5 131.6 126.5 162.9 158.7 128.8 123.3
Oct 108.2   133.9   166.0   132.8  
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-Sep 99.5 100.5 128.6 129.9 161.7 167.9 127.1 128.7
             
Growth over the corresponding period of previous year        
         
Sep* 0.1 -8.5 4.8 -3.9 8.2 -2.6 4.6 -4.3
         
Apr-Sep 3.2 1.0 5.4 1.0 6.2 3.8 5.2 1.3
                 
* Figures for Sep 2019 are Quick Estimates.
NOTE : Indices for the months of Jun’19 and Aug’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     Sep’18 Sep’19* Apr-Sep* Sep’19* Apr-Sep*
          2018-19 2019-20   2019-20
10 Manufacture of food products 5.3025 110.5 114.2 102.8 115.1 3.3 12.0
11 Manufacture of beverages 1.0354 103.0 99.0 112.7 114.2 -3.9 1.3
12 Manufacture of tobacco products 0.7985 92.0 94.8 87.4 92.7 3.0 6.1
13 Manufacture of textiles 3.2913 121.6 115.1 119.7 114.9 -5.3 -4.0
14 Manufacture of wearing apparel 1.3225 142.2 146.8 143.6 162.7 3.2 13.3
15 Manufacture of leather and related products 0.5021 118.5 117.5 127.7 126.0 -0.8 -1.3
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 108.9 125.8 103.5 117.4 15.5 13.4
17 Manufacture of paper and paper products 0.8724 103.5 94.5 107.9 93.8 -8.7 -13.1
18 Printing and reproduction of recorded media 0.6798 92.5 85.8 95.0 92.7 -7.2 -2.4
19 Manufacture of coke and refined petroleum products 11.7749 121.7 115.3 125.9 124.3 -5.3 -1.3
20 Manufacture of chemicals and chemical products 7.8730 120.3 118.6 118.7 119.1 -1.4 0.3
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 226.5 223.5 207.3 216.1 -1.3 4.2
22 Manufacture of rubber and plastics products 2.4222 113.3 99.0 109.2 103.2 -12.6 -5.5
23 Manufacture of other non-metallic mineral products 4.0853 114.9 111.9 120.8 120.0 -2.6 -0.7
24 Manufacture of basic metals 12.8043 138.7 151.5 137.9 156.8 9.2 13.7
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 112.2 87.5 107.6 93.0 -22.0 -13.6
26 Manufacture of computer, electronic and optical products 1.5704 182.5 163.1 173.1 171.3 -10.6 -1.0
27 Manufacture of electrical equipment 2.9983 111.6 113.1 107.8 105.2 1.3 -2.4
28 Manufacture of machinery and equipment n.e.c. 4.7653 134.4 110.1 120.1 108.7 -18.1 -9.5
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 128.3 96.5 125.8 107.0 -24.8 -14.9
30 Manufacture of other transport equipment 1.7763 165.6 150.9 152.8 144.0 -8.9 -5.8
31 Manufacture of furniture 0.1311 243.6 186.2 220.2 199.0 -23.6 -9.6
32 Other manufacturing 0.9415 96.8 90.4 93.8 87.8 -6.6 -6.4
                 
05 Mining 14.3725 94.5 86.5 99.5 100.5 -8.5 1.0
10-32 Manufacturing 77.6332 131.6 126.5 128.6 129.9 -3.9 1.0
35 Electricity 7.9943 162.9 158.7 161.7 167.9 -2.6 3.8
                 
  General Index 100.00 128.8 123.3 127.1 128.7 -4.3 1.3
* Figures for September 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 123.6 127.9 98.7 91.6 121.4 139.3 136.1 140.9 133.5 129.9 135.1 146.4
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* 120.0 113.9 115.0 91.2 125.6 134.4 137.2 128.4 136.9 123.4 145.6 145.0
Oct 129.5   114.1   125.5   143.9   139.7   143.4  
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-Sep 123.4 124.9 106.5 95.5 123.2 134.7 138.5 137.0 132.8 126.2 136.8 143.9
                         
Growth over the corresponding period of previous year                
             
Sep* 2.6 -5.1 6.9 -20.7 1.5 7.0 9.5 -6.4 5.4 -9.9 6.4 -0.4
             
Apr-Sep 4.9 1.2 7.6 -10.3 1.3 9.3 8.7 -1.1 8.1 -5.0 4.0 5.2
                         
* Indices for Sep 2019 are Quick Estimates.
NOTE : Indices for the months of Jun’19 and Aug’19 incorporate updated production data.

 

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high negative growth in production
1 Bars and Rods of Alloy and Stainless Steel 0.57 -56.3
2 Printing machinery 0.46 -53.2
3 Printed Circuit Boards (whether or not mounted with IC chips /components) 0.22 -47.4
4 Commercial Vehicles 0.94 -46.3
5 Fasteners (high tensile)/ bolts and nuts 0.36 -42.3
Item Groups with high positive growth in production
1 Electric heaters 0.25 374.7
2 Fragrances & Oil essentials 0.20 213.2
3 MS slabs 0.84 136.0
4 Ship building and parts thereof 0.19 90.3
5 Rail and rail materials 0.12 88.1
Sl No Item Group Weights (%) Contribution to IIP Growth
High Negative Contributors
1 Mining 14.37 -0.8927
2 Bars and Rods of Alloy and Stainless Steel 0.57 -0.6339
3 Auto components/ spares and accessories 2.59 -0.4689
4 Commercial Vehicles 0.94 -0.4547
5 Two-wheelers (motorcycles/ scooters) 1.36 -0.3525
High Positive Contributors
1 MS slabs 0.84 1.6045
2 Fragrances & Oil essentials 0.20 0.4059
3 HR coils and sheets  of mild steel 1.35 0.3602
4 Electric heaters 0.25 0.2624
5 Anti-pyretic, analgesic/anti-inflammatory API & formulations 0.45 0.2142

IIP  Press Release in PDF