Ministry of Statistics & Programme Implementation

Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of October, 2018 (Base 2011-12=100)

Posted On: 12 DEC 2018 5:30PM by PIB Delhi

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of October 2018 stands at 132.4, which is 8.1 percent higher as compared to the level in the month of October 2017. The cumulative growth for the period April-October 2018 over the corresponding period of the previous year stands at 5.6 percent.

2.     The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2018 stand at 107.9, 133.5 and 166.0 respectively, with the corresponding growth rates of 7.0 percent, 7.9 percent and 10.8 percent as compared to October 2017 (Statement I). The cumulative growth in these three sectors during April-October 2018 over the corresponding period of 2017 has been 3.8 percent, 5.6 percent and 6.8 percent respectively.

3.     In terms of industries, twenty one 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 October 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 41.0 percent followed by 39.0 percent in ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’ and 30.2 percent in ‘Manufacture of computer, electronic and optical products’. On the other hand, the industry group ‘Manufacture of paper and paper products’ have shown the highest negative growth of (-) 1.8 percent followed by (-) 1.7 percent in ‘Manufacture of beverages’.

4.     As per Use-based classification, the growth rates in October 2018 over October 2017 are 6.0 percent in Primary goods, 16.8 percent in Capital goods, 1.8 percent in Intermediate goods and 8.7 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 17.6 percent and 7.9 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 October 2018, the indices for September 2018 have undergone the first revision and those for July 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 October 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 November 2018 will be on Friday, 11January 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)

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

162.0

118.0

125.7

Aug

92.6

92.1

124.1

130.4

155.4

167.2

122.1

127.8

Sep

94.4

94.5

125.6

131.4

150.5

162.9

123.1

128.6

Oct*

100.8

107.9

123.7

133.5

149.8

166.0

122.5

132.4

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-Oct*

97.0

100.7

122.3

129.2

152.0

162.3

121.0

127.8

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

Oct*

-0.2

7.0

2.0

7.9

3.2

10.8

1.8

8.1

 

 

 

 

 

 

 

 

 

Apr-Oct*

3.3

3.8

2.1

5.6

5.3

6.8

2.5

5.6

 

 

 

 

 

 

 

 

 

* Figures for Oct 2018 are Quick Estimates.

         

NOTE : Indices for the months of Jul'18 and Sep'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

 

 

Oct'17

Oct'18*

Apr-Oct

Oct'18*

Apr-Oct

 

 

 

 

 

2017-18

2018-19

 

2018-19

10

Manufacture of food products

5.3025

98.7

115.9

93.6

104.7

17.4

11.9

11

Manufacture of beverages

1.0354

101.2

99.5

103.8

111.1

-1.7

7.0

12

Manufacture of tobacco products

0.7985

100.2

101.3

97.9

89.4

1.1

-8.7

13

Manufacture of textiles

3.2913

113.5

120.5

115.7

119.9

6.2

3.6

14

Manufacture of wearing apparel

1.3225

106.3

136.1

134.0

142.1

28.0

6.0

15

Manufacture of leather and related products

0.5021

107.0

119.4

122.9

126.6

11.6

3.0

16

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

0.1930

77.6

107.9

90.1

104.1

39.0

15.5

17

Manufacture of paper and paper products

0.8724

108.4

106.4

110.3

107.6

-1.8

-2.4

18

Printing and reproduction of recorded media

0.6798

92.9

98.3

100.7

95.3

5.8

-5.4

19

Manufacture of coke and refined petroleum products

11.7749

129.1

131.2

121.0

126.6

1.6

4.6

20

Manufacture of chemicals and chemical products

7.8730

116.9

117.8

113.8

118.5

0.8

4.1

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

199.7

211.8

201.2

207.7

6.1

3.2

22

Manufacture of rubber and plastics products

2.4222

105.5

111.5

110.8

109.4

5.7

-1.3

23

Manufacture of other non-metallic mineral products

4.0853

109.2

124.5

109.3

121.3

14.0

11.0

24

Manufacture of basic metals

12.8043

138.6

142.5

134.5

138.5

2.8

3.0

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

102.5

105.9

100.9

107.1

3.3

6.1

26

Manufacture of computer, electronic and optical products

1.5704

152.0

197.9

146.6

176.3

30.2

20.3

27

Manufacture of electrical equipment

2.9983

112.9

115.1

104.7

108.6

1.9

3.7

28

Manufacture of machinery and equipment n.e.c.

4.7653

106.9

130.3

113.3

121.5

21.9

7.2

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

113.9

132.2

108.4

126.6

16.1

16.8

30

Manufacture of other transport equipment

1.7763

131.7

164.4

135.2

154.4

24.8

14.2

31

Manufacture of furniture

0.1311

167.5

236.1

171.0

222.7

41.0

30.2

32

Other manufacturing

0.9415

83.1

102.2

115.1

94.3

23.0

-18.1

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

100.8

107.9

97.0

100.7

7.0

3.8

10-32

Manufacturing

77.6332

123.7

133.5

122.3

129.2

7.9

5.6

35

Electricity

7.9943

149.8

166.0

152.0

162.3

10.8

6.8

 

 

 

 

 

 

 

 

 

 

General Index

100.00

122.5

132.4

121.0

127.8

8.1

5.6

* Figures for October 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

123.6

96.5

98.7

119.8

121.4

124.6

136.1

117.0

133.5

128.3

135.1

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

114.6

123.8

125.6

125.3

137.0

129.9

136.6

136.9

145.2

Oct*

122.1

129.4

97.6

114.0

122.6

124.8

132.0

143.5

119.0

139.9

132.1

142.6

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-Oct*

118.2

124.2

98.8

107.4

121.7

123.4

128.1

139.2

122.3

133.8

131.6

137.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Oct*

2.4

6.0

3.5

16.8

0.2

1.8

5.8

8.7

-9.0

17.6

8.2

7.9

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Oct*

3.5

5.1

0.7

8.7

0.2

1.4

2.6

8.7

-2.2

9.4

7.6

4.5

 

 

 

 

 

 

 

 

 

 

 

 

 

* Figures for Oct 2018 are Quick Estimates.

                 

NOTE : Indices for the months of Jul'18 and Sep'18 incorporate updated production data.

 

         

 

 

STATEMENT IV

       

Sl No

Item Group

Weights (%)

Production Growth (%)

Item Groups with high positive growth in production

1

Soyabean Oil

0.19

96.9

2

Cut & Polished diamonds

0.16

74.1

3

Separators including decanter centrifuge

0.16

68.1

4

Readymade Garments, knitted

0.23

57.1

5

Commercial Vehicles

0.94

42.9

Item Groups with high negative growth in production

1

Electric heaters

0.25

-53.9

2

API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive

0.31

-46.2

3

Air filters

0.19

-45.8

4

Kerosene

0.29

-43.2

5

ACSR Conductors

0.10

-43.2

       
       

Sl No

Item Group

Weights (%)

Contribution to IIP Growth

High Positive Contributors

1

Electricity

7.99

1.0572

2

Mining

14.37

0.8330

3

Cement- all types

2.16

0.4185

4

Sunflower Oil

0.07

0.3694

5

Two-wheelers (motorcycles/ scooters)

1.36

0.3606

High Negative Contributors

1

Pig iron

0.40

-0.2263

2

Electric heaters

0.25

-0.2002

3

Bars and Rods of Alloy and Stainless Steel

0.57

-0.1679

4

Copper bars, rods & wire rods

0.64

-0.1206

5

Air filters

0.19

-0.1062

 

 

*****

AKT




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