Ministry of Statistics & Programme Implementation

Quick Estimates of Index of Industrial Production and use-based Index for The Month of February, 2017 (Base 2004-05=100)

Posted On: 12 APR 2017 5:40PM by PIB Delhi

 

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of February 2017 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 15 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; (xiv) Office of Salt Commissioner; and (xv) Coffee Board.

2. The General Index for the month of February 2017 stands at 182.3, which is 1.2 percent lower as compared to the level in the month of February 2016. The cumulative growth for the period April-February 2016-17 over the corresponding period of the previous year stands at 0.4 percent.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2017 stand at 140.6, 190.1 and 182.5 respectively, with the corresponding growth rates of 3.3 percent, (-) 2.0 percent and 0.3 percent as compared to February 2016 (Statement I). The cumulative growth in these three sectors during April-February 2016-17 over the corresponding period of 2015-16 has been 1.6 percent, (-) 0.3 percent and 4.6 percent respectively.

4. In terms of industries, fifteen out of the twenty two industry groups ( as per 2-digit NIC-2004) in the manufacturing sector h ave shown negative growth during the month of February 2017 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Tobacco products’ has shown the highest negative growth of (-) 42.8 percent followed by (-) 21.7 percent in ‘Food products and beverages’ and (-) 20.6 percent in ‘Office, accounting and computing machinery’. On the other hand, the industry group ‘Electrical machinery & apparatus n.e.c.’ has shown the highest positive growth of 17.4 percent followed by 10.7 percent in ‘Wearing apparel; dressing and dyeing of fur’ and 9.9 percent in ‘Basic metals’.

5. As per Use-based classification, the growth rates in February 2017 over February 2016 are 2.4 percent in Basic goods, (-) 3.4 percent in Capital goods and (-) 0.2 percent in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 0.9 percent and (-) 8.6 percent respectively, with the overall growth in Consumer goods being (-) 5.6 percent.

6. Some important items that have registered high negative growth include ‘Woollen carpets’ [(-) 66.4%], ‘Plastic machinery including Moulding Machinery’ [(-) 52.2%], ‘Ship Building and Repairs’ [(-) 49.7%], ‘Sugar Machinery’ [(-) 47.8%], ‘Sugar’ [(-) 41.6%], ‘Molasses’ [(-) 39.0%], ‘Cigarettes’ [(-) 37.7%],  ‘Aluminium Conductor’ [(-) 29.3%], ‘Three-Wheelers (including passenger and goods carrier)’ [(-) 24.5%] and ‘Leather garments’ [(-) 22.0%].

7. Some important items showing high positive growth during the current month over the same month in previous year include ‘Cable, Rubber Insulated’ (241.2%), ‘Cement Machinery’ (116.5%), ‘Electric Sheets’ (90.1%), ‘HR Coils/ Skelp’ (29.1%), ‘Antibiotics and it’s preparations’ (25.6%), ‘Biaxially Oriented Polypropylene (BOPP) Film’ (25.5%) and ‘Stainless/ alloy steel’ (24.2%).

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:

Item Group

Weights (%)

Contribution

High Negative Contributors

sugar(including sugar cubes)

1.52

-1.6703

Cement All Kinds

2.41

-0.5048

Plastic Machinery Incl. Moulding Machinery

0.26

-0.3404

Pan Masala

0.09

-0.2831

Conductor, Aluminium

0.20

-0.2375

High Positive Contributors

Cable, Rubber Insulated

0.12

0.7321

H R Coils/Skelp

1.30

0.5036

Apparels

2.03

0.3921

Mineral index

14.16

0.3454

Stainless/ alloy steel

0.64

0.3199

 

9. Along with the Quick Estimates of IIP for the month of February 2017, the indices for January 2017 have undergone the first revision and those for November 2016 have undergone the final revision in the light of the updated data received from the source agencies. It may be noted that these revised indices (first revision) in respect of January 2017 may undergo final (second) revision along with the release of IIP for the month of April 2017.

10. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2004) and by Use-based classification for the month of February 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 : 2004-05=100)

                 

Month

Mining

Manufacturing

Electricity

General

(141.57)

(755.27)

(103.16)

(1000.00)

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

Apr

121.9

122.7

188.5

181.7

177.2

203.0

177.9

175.5

May

127.9

130.1

187.3

188.7

195.0

204.2

179.7

182.0

Jun

121.6

128.0

189.5

191.4

183.7

198.9

179.3

183.2

Jul

117.7

118.7

190.9

184.2

190.3

193.3

180.5

175.9

Aug

120.2

113.1

184.8

184.3

194.4

194.6

176.6

175.3

Sep

119.3

115.2

186.9

188.7

195.7

200.4

178.2

179.5

Oct

130.8

129.6

188.1

183.5

201.6

203.9

181.4

178.0

Nov

130.8

136.0

171.7

180.9

175.6

191.2

166.3

175.6

Dec

137.3

144.8

193.1

189.9

183.2

194.7

184.2

184.0

Jan

138.8

146.1

194.8

200.5

188.3

195.6

186.2

192.3

Feb*

136.1

140.6

193.9

190.1

181.9

182.5

184.5

182.3

Mar

149.5

 

208.1

 

197.2

 

198.7

 

Average

   

 

 

 

 

 

 

 

   

 

 

 

 

 

 

Apr-Feb

127.5

129.5

188.1

187.6

187.9

196.6

179.5

180.3

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year 

 

 

 

 

 

 

 

 

 

 

 

 

 

Feb

5.0

3.3

0.6

-2.0

9.6

0.3

1.9

-1.2

 

 

 

 

 

 

 

 

 

Apr-Feb

2.4

1.6

2.3

-0.3

5.1

4.6

2.6

0.4

 

 

 

 

 

 

 

 

 

                 

* Indices for Feb 2017 are Quick Estimates.

         

NOTE : Indices for the months of Nov'16 and Jan'17 incorporate updated production data.

 

 

STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)

(Base: 2004-05=100)

Industry

Description

Weight

 Index      

 Cumulative Index

Percentage growth

code

 

 

Feb'16

Feb'17

Apr-Feb

Feb'17

Apr-Feb

 

 

 

 

 

2015-16

2016-17

 

2016-17

15

Food products and beverages

72.76

214.8

168.1

162.6

151.3

-21.7

-6.9

16

Tobacco products

15.70

141.3

80.8

109.9

104.8

-42.8

-4.6

17

Textiles

61.64

158.8

152.3

156.1

157.2

-4.1

0.7

18

Wearing apparel; dressing and dyeing of fur

27.82

187.1

207.2

188.3

185.6

10.7

-1.4

19

Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products

5.82

139.6

131.7

145.5

132.8

-5.7

-8.7

20

Wood and products of wood & cork except furniture; articles of straw & plating materials

10.51

163.2

144.6

154.8

147.7

-11.4

-4.6

21

Paper and paper products

9.99

143.9

141.3

146.5

146.2

-1.8

-0.2

22

Publishing, printing & reproduction of recorded media

10.78

154.1

153.7

160.2

157.9

-0.3

-1.4

23

Coke, refined petroleum products & nuclear fuel

67.15

155.5

154.1

151.5

160.8

-0.9

6.1

24

Chemicals and chemical products

100.59

138.3

146.4

143.0

146.8

5.9

2.7

25

Rubber and plastics products

20.25

192.6

195.7

188.5

191.0

1.6

1.3

26

Other non-metallic mineral products

43.14

179.1

155.5

168.3

165.4

-13.2

-1.7

27

Basic metals

113.35

215.5

236.8

222.6

238.7

9.9

7.2

28

Fabricated metal products, except machinery & equipment

30.85

192.6

185.1

178.9

178.1

-3.9

-0.4

29

Machinery and equipment n.e.c.

37.63

276.3

260.8

223.5

234.5

-5.6

4.9

30

Office, accounting & computing machinery

3.05

71.8

57.0

64.9

57.2

-20.6

-11.9

31

Electrical machinery & apparatus n.e.c.

19.80

277.8

326.1

461.6

296.4

17.4

-35.8

32

Radio, TV and communication equipment & apparatus

9.89

352.7

376.1

350.2

394.9

6.6

12.8

33

Medical, precision & optical instruments, watches and clocks

5.67

131.0

105.0

101.3

98.3

-19.8

-3.0

34

Motor vehicles, trailers & semi-trailers

40.64

264.2

271.7

240.1

254.1

2.8

5.8

35

Other transport equipment

18.25

279.0

245.2

266.9

269.8

-12.1

1.1

36

Furniture; manufacturing n.e.c.

29.97

181.5

165.7

174.0

166.7

-8.7

-4.2

 

 

 

 

 

 

 

 

 

10

Mining & Quarrying

141.57

136.1

140.6

127.5

129.5

3.3

1.6

15-36

Manufacturing

755.27

193.9

190.1

188.1

187.6

-2.0

-0.3

40

Electricity

103.16

181.9

182.5

187.9

196.6

0.3

4.6

 

 

 

 

 

 

 

 

 

 

General Index

1000

184.5

182.3

179.5

180.3

-1.2

0.4

*Industry codes are as per National Industrial Classification 2004

             

 

 

STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED

(Base : 2004-05=100)

                         

 

Basic goods

Capital goods

Intermediate goods

Consumer goods

 

 

 

 

 

 

 

Total

Durables

Non-durables

Month

(456.82)

(88.25)

(156.86)

(298.08)

(84.60)

(213.47)

 

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

Apr

167.3

175.4

248.0

185.2

153.2

156.7

186.5

182.8

258.7

289.2

157.9

140.6

May

177.4

184.4

234.9

205.6

157.4

164.0

178.7

180.8

252.4

267.2

149.5

146.5

Jun

171.9

182.2

265.4

222.8

153.1

162.3

179.0

184.1

246.1

259.5

152.4

154.2

Jul

171.6

174.5

289.9

204.6

158.5

164.1

173.2

175.6

244.2

258.4

145.1

142.8

Aug

170.0

176.0

267.5

207.7

156.2

161.4

170.8

171.8

256.0

261.4

137.0

136.3

Sep

168.0

174.7

287.2

225.2

154.0

157.4

174.5

185.1

262.0

298.4

139.8

140.2

Oct

175.0

182.4

278.6

203.3

154.7

158.7

176.3

173.8

272.2

273.8

138.3

134.2

Nov

167.3

175.3

190.6

217.9

149.2

152.8

166.8

175.5

226.1

247.3

143.3

147.0

Dec

175.8

185.5

219.5

211.0

161.4

159.3

198.6

186.7

242.5

220.9

181.2

173.2

Jan

178.8

188.2

212.2

235.4

162.8

159.6

202.1

203.2

260.5

278.0

178.9

173.5

Feb*

173.5

177.7

231.1

223.2

159.2

158.9

200.8

189.5

277.2

274.7

170.5

155.8

Mar

188.7

 

280.7

 

171.8

 

204.0

 

288.3

 

170.6

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Feb

172.4

179.7

247.7

212.9

156.3

159.6

182.5

182.6

254.4

266.3

154.0

149.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Feb

5.4

2.4

-9.3

-3.4

4.9

-0.2

0.6

-5.6

10.4

-0.9

-4.9

-8.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Feb

3.5

4.2

-1.4

-14.0

2.3

2.1

3.2

0.1

11.5

4.7

-1.5

-2.9

 

 

 

 

 

 

 

 

 

 

 

 

 

                         

* Indices for Feb 2017 are Quick Estimates.

               

NOTE : Indices for the months of Nov'16 and Jan'17 incorporate updated production data.

       

 



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