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

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of November 2018 stands at 126.4, which is 0.5 percent higher as compared to the level in the month of November 2017. The cumulative growth for the period April-November 2018 over the corresponding period of the previous year stands at 5.0 percent.

  1.     The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of November 2018 stand at 110.6, 127.2 and 147.2 respectively, with the corresponding growth rates of 2.7 percent, (-) 0.4 percent and 5.1 percent as compared to November 2017 (Statement I). The cumulative growth in these three sectors during April-November 2018 over the corresponding period of 2017 has been 3.7 percent, 5.0 percent and 6.6 percent respectively.
  2.     In terms of industries, ten 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 November 2018 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of wearing apparel’ has shown the highest positive growth of 22.1 percent followed by 7.6 percent in ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’ and 7.4 percent in ‘Manufacture of other transport equipment’. On the other hand, the industry group ‘Manufacture of fabricated metal products, except machinery and equipment’ has shown the highest negative growth of (-) 13.4 percent followed by (-) 9.6 percent in ‘Manufacture of electrical equipment’ and (-) 7.3 in ‘Other manufacturing’.
  3.     As per Use-based classification, the growth rates in November 2018 over November 2017 are 3.2 percent in Primary goods, (-) 3.4 percent in Capital goods, (-) 4.5 percent in Intermediate goods and 5.0 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 0.9 percent and (-) 0.6 percent respectively.
  4.     Details of item groups exhibiting larger variations in production in absolute terms and weighted terms in Statement IV.

  1. Along with the Quick Estimates of IIP for the month of November 2018, the indices for October 2018 have undergone the first revision and those for August 2018 have undergone the final revision in the light of the updated data received from the source agencies.

  1.     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 November 2018, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.

  1. Release of the Index for December 2018 will be on Tuesday, 12 February 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 92.0 124.1 130.6 155.4 167.2 122.1 128.0
Sep 94.4 94.5 125.6 131.4 150.5 162.9 123.1 128.6
Oct 100.8 108.1 123.7 133.9 149.8 166.0 122.5 132.8
Nov* 107.7 110.6 127.7 127.2 140.1 147.2 125.8 126.4
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-Nov* 98.4 102.0 123.0 129.1 150.5 160.5 121.6 127.7
             
Growth over the corresponding period of previous year        
         
Nov* 1.4 2.7 10.4 -0.4 3.9 5.1 8.5 0.5
                 
Apr-Nov* 3.0 3.7 3.1 5.0 5.2 6.6 3.2 5.0
                 
 

* Figures for Nov 2018 are Quick Estimates.

NOTE : Indices for the months of Aug’18 and Oct’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     Nov’17 Nov’18* Apr-Nov Nov’18* Apr-Nov
          2017-18 2018-19   2018-19
10 Manufacture of food products 5.3025 122.4 129.4 97.2 108.2 5.7 11.3
11 Manufacture of beverages 1.0354 96.5 98.6 102.9 109.4 2.2 6.3
12 Manufacture of tobacco products 0.7985 95.1 100.9 97.6 90.7 6.1 -7.1
13 Manufacture of textiles 3.2913 117.7 112.0 116.0 118.9 -4.8 2.5
14 Manufacture of wearing apparel 1.3225 118.1 144.2 132.0 143.1 22.1 8.4
15 Manufacture of leather and related products 0.5021 118.5 110.7 122.4 124.5 -6.6 1.7
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 89.2 96.0 90.0 103.2 7.6 14.7
17 Manufacture of paper and paper products 0.8724 104.2 99.4 109.5 106.9 -4.6 -2.4
18 Printing and reproduction of recorded media 0.6798 95.8 90.3 100.1 94.9 -5.7 -5.2
19 Manufacture of coke and refined petroleum products 11.7749 123.0 126.8 121.3 126.7 3.1 4.5
20 Manufacture of chemicals and chemical products 7.8730 119.1 111.5 114.5 117.7 -6.4 2.8
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 226.1 221.3 204.3 209.5 -2.1 2.5
22 Manufacture of rubber and plastics products 2.4222 110.1 103.4 110.7 108.9 -6.1 -1.6
23 Manufacture of other non-metallic mineral products 4.0853 110.5 115.1 109.4 120.5 4.2 10.1
24 Manufacture of basic metals 12.8043 136.6 139.5 134.7 138.7 2.1 3.0
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 107.9 93.4 101.8 105.4 -13.4 3.5
26 Manufacture of computer, electronic and optical products 1.5704 145.9 148.0 146.6 173.0 1.4 18.0
27 Manufacture of electrical equipment 2.9983 116.5 105.3 106.2 108.4 -9.6 2.1
28 Manufacture of machinery and equipment n.e.c. 4.7653 115.4 115.3 113.5 120.8 -0.1 6.4
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 120.4 114.2 109.9 125.0 -5.1 13.7
30 Manufacture of other transport equipment 1.7763 128.2 137.7 134.4 152.3 7.4 13.3
31 Manufacture of furniture 0.1311 209.6 209.0 175.9 220.8 -0.3 25.5
32 Other manufacturing 0.9415 81.7 75.7 110.9 92.5 -7.3 -16.6
                 
05 Mining 14.3725 107.7 110.6 98.4 102.0 2.7 3.7
10-32 Manufacturing 77.6332 127.7 127.2 123.0 129.1 -0.4 5.0
35 Electricity 7.9943 140.1 147.2 150.5 160.5 5.1 6.6
                 
  General Index 100.00 125.8 126.4 121.6 127.7 0.5 5.0
* Figures for November 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 117.8 120.7 101.7 112.2 123.0 126.6 128.3 138.6 128.1 135.1 131.4 140.0
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 122.1 129.5 97.6 114.2 122.6 125.0 132.0 143.7 119.0 140.4 132.1 143.7
Nov* 120.9 124.8 104.3 100.8 125.4 119.7 129.3 135.8 122.0 120.9 149.1 148.2
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-Nov* 118.6 124.3 99.5 106.7 122.2 123.0 128.2 138.8 122.3 132.3 133.8 139.0
Growth over the corresponding period of previous year
Nov* 3.3 3.2 5.7 -3.4 6.5 -4.5 13.7 5.0 3.1 -0.9 23.7 -0.6
Apr-Nov* 3.5 4.8 1.3 7.2 1.1 0.7 3.9 8.3 -1.5 8.2 9.6 3.9
* Figures for Nov 2018 are Quick Estimates.
NOTE : Indices for the months of Aug’18 and Oct’18 incorporate updated production data.

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high positive growth in production
1 Harvesters and threshers 0.21 42.1
2 Readymade Garments, knitted 0.23 38.1
3 Roller and ball bearings 0.19 33.3
4 Galvanised products of Steel (including colour coated, tin plates, TMBP and Tin free steel) 0.79 23.8
5 CR Coils & Sheets 0.68 22.4
Item Groups with high negative growth in production
1 T.V.set 0.31 -73.7
2 Bodies of trucks, lorries and trailers 0.26 -48.3
3 API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive 0.31 -43.1
4 Copper bars, rods & wire rods 0.64 -42.6
5 Steroids and hormonal preparations (including anti-fungal preparations) 0.72 -42.4
Sl No Item Group Weights (%) Contribution to IIP Growth
High Positive Contributors
1 Electricity 7.99 0.4512
2 Diesel 5.71 0.3906
3 Sunflower Oil 0.07 0.3848
4 Mining 14.37 0.3313
5 Cement- all types 2.16 0.1943
High Negative Contributors
1 Copper bars, rods & wire rods 0.64 -0.2496
2 Pig iron 0.40 -0.2198
3 Steroids and hormonal preparations (including anti-fungal preparations) 0.72 -0.2159
4 Steel frameworks or skeletons for construction of towers including pit props 0.65 -0.1279
5 Bodies of trucks, lorries and trailers 0.26 -0.1167

 

AKT

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