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Press Information Bureau
Government of India
Ministry of Statistics & Programme Implementation
09-August-2012 11:23 IST
Quick Estimates of Index of Industrial Production and use-based Index for the Month of June, 2012 (Base 2004-05=100)
The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of June 2012 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation

 

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of June 2012 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received form 16 source agencies viz. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant Committee; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner; Department of Chemicals & Petrochemicals; Directorate of Sugar; Department of Fertilizers; Directorate of Vanaspati, Vegetable Oils & Fats; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board; Office of Salt Commissioner and Coffee Board.

2. The General Index for the month of June 2012 stands at 168.3, which is 1.8% lower as compared to the level in the month of June 2011. The cumulative growth for the period April-June 2012-13 stands at (-)0.1% over the corresponding period of the previous year.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of June 2012 stand at 124.3, 178.1 and 157.0 respectively, with the corresponding growth rates of  0.6%,  (-)3.2% and 8.8% as compared to June 2011 (Statement I). The cumulative growth in the three sectors during April-June 2012-13 over the corresponding period of 2011-12 has been (-) 1.1%, (-)0.7% and 6.4% respectively.

4. In terms of industries, fourteen (14) out of the twenty two (22) industry groups (as per 2-digit NIC-2004) in the manufacturing sector have shown non-negative growth during the month of June 2012 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Radio, TV and Communication Equipment and Apparatus’ has shown the highest growth of 16.8%, followed by 15.7% in ‘Medical, precision & optical instruments, watches and clocks’ and 15.3% in ‘Publishing, printing & reproduction of recorded media’. On the other hand, the industry group ‘Electric Machinery and apparatus n.e.c.’ has shown a negative growth of 56.0% followed by 5.7% in ‘Food products and beverages’ and 5.4% in ‘Tobacco products’.

 

5. As per Use-based classification, the growth rates in June 2012 over June 2011 are 4.1% in Basic goods, (-) 27.9% in Capital goods and 1.6% in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 9.1% and (-)1.0% respectively, with the overall growth in Consumer goods being 3.5%.

6. Some of the important items showing high negative growth during the current month over the same month in previous year include ‘Cable, Rubber Insulated’ [(-)82.0%], ‘Sugar’ [(-)66.1%], ‘Sponge Iron’ [(-)17.2%], ‘Fruit Pulp’ [(-)22.4%], ‘Three-Wheelers’ [(-)-29.4%], ‘Di Ammonium Phosphate’             [(-)54.1%], ‘Cement Machinery’ [(-)40.0%] and ‘Colour TV Picture tubes’       [(-)79.7%].

7. Some of the other important items showing high positive growth are: ‘Aerated Waters & Soft Drinks’ (58.3%), ‘Biaxially Oriented Polypropylene (BOPP)Film’ (35.1%), ‘Petroleum Coke’ (70.8%) and ‘Woollen Carpets’ (61.5%).

8. Along with the Q.E. of IIP for the month of June 2012, the indices for May 2012 have undergone the first revision and those for March 2012 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 May 2012 shall undergo final (second) revision along with the release of IIP for the month of August 2012.

9. 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 June 2012, along with the growth rates over the corresponding month of previous year, including the cumulative indices and growth rates, are enclosed.

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