The Quick Estimates of Index of Industrial Production (IIP) are released on 12^th of every month (or previous working day if 12^th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments.

2. For the month of February 2023, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 138.7. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2023 stand at 129.0, 136.8 and 174.0 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.

3.        As per Use-based classification, the indices stand at 139.7 for Primary Goods, 104.4 for Capital Goods, 143.2 for Intermediate Goods and 164.0 for Infrastructure/ Construction Goods for the month of February 2023. Further, the indices for Consumer durables and Consumer non-durables stand at 108.4 and 154.3 respectively for the month of February 2023.

4.        Details of Quick Estimates of the Index of Industrial Production for the month of February 2023 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 12 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.

5.        Along with the Quick Estimates of IIP for the month of February 2023, the indices for January 2023 have undergone the first revision and those for November 2022 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for February 2023, the first revision for January 2023 and the final revision for November 2022 have been compiled at weighted response rates of 92 percent, 94 percent and 95 percent respectively.

6.        Release of the Index for March 2023 will be on Friday, 12^th May 2023.

Note: -

1. This Press release information is also available at the Website of the Ministry -http://www.mospi.gov.in
2. Press release in Hindi follows and shall be available at:

https://www.mospi.gov.in/hi

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