Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of July, 2019 (BASE 2011-12=100)

0
4

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of July 2019stands at 131.1, which is 4.3 percent higher as compared to the level in the month of July 2018. The cumulative growth for the period April-July 2019 over the corresponding period of the previous year stands at 3.3 percent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of July 2019 stand at 100.2, 132.9 and 169.7 respectively, with the corresponding growth rates of 4.9 percent, 4.2 percent and 4.8 percent as compared to July 2018 (Statement I). The cumulative growth in these three sectors during April-July 2019 over the corresponding period of 2018 has been 3.4 percent, 2.8 percent and 6.6 percent respectively.

3.        In terms of industries, thirteen 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 July 2019 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of food products’ has shown the highest positive growth of 23.4 percent followed by 17.3 percent in ‘Manufacture of basic metals’ and 15.0 percent in‘Manufacture of wearing apparel’.On the other hand, the industry group ‘Manufacture of paper and paper products’ has shown the highest negative growth of (-) 15.4 percent followed by (-) 13.3 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’ and (-) 10.9 percent in ‘Printing and reproduction of recorded media’.

4.        As per Use-based classification, the growth rates in July 2019 over July 2018 are 3.5 percent in Primary goods, (-) 7.1 percent in Capital goods, 13.9 percent in Intermediate goods and 2.1 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 2.7 percent and 8.3 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 July 2019, the indices for June 2019 have undergone the first revision and those for April 2019 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 July 2019, 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 August 2019 will be on Friday, 11 October 2019.

 

Note: –

 

STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL

(Base : 2011-12=100)

Month

Mining

Manufacturing

Electricity

General

(14.372472)

(77.63321)

(7.994318)

(100)

2018-19

2019-20

2018-19

2019-20

2018-19

2019-20

2018-19

2019-20

Apr

102.6

107.8

123.1

126.2

153.7

162.9

122.6

126.5

May

107.6

110.2

130.1

135.9

164.7

176.9

129.6

135.5

Jun

104.9

106.5

128.6

128.9

159.9

173.0

127.7

129.2

Jul*

95.5

100.2

127.6

132.9

162.0

169.7

125.7

131.1

Aug

92.0

 

130.6

 

167.2

 

128.0

 

Sep

94.5

 

131.6

 

162.9

 

128.8

 

Oct

108.2

 

133.9

 

166.0

 

132.8

 

Nov

110.6

 

126.8

 

147.3

 

126.1

 

Dec

114.4

 

135.8

 

150.4

 

133.9

 

Jan

119.1

 

135.5

 

150.9

 

134.4

 

Feb

112.5

 

129.3

 

137.9

 

127.6

 

Mar

132.7

 

144.6

 

160.1

 

144.1

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Jul*

102.7

106.2

127.4

131.0

160.1

170.6

126.4

130.6

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

Jul*

3.4

4.9

7.0

4.2

6.6

4.8

6.5

4.3

 

 

 

 

 

Apr-Jul*

4.9

3.4

5.6

2.8

5.3

6.6

5.4

3.3

 

 

 

 

 

 

 

 

 

* Figures for Jul 2019 are Quick Estimates.

NOTE : Indices for the months of Apr’19 and Jun’19 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

 

 

Jul’18

Jul’19*

Apr-Jul*

Jul’19*

Apr-Jul*

 

 

 

 

 

2018-19

2019-20

 

2019-20

10

Manufacture of food products

5.3025

96.2

118.7

100.4

117.1

23.4

16.6

11

Manufacture of beverages

1.0354

103.6

107.3

117.6

122.5

3.6

4.2

12

Manufacture of tobacco products

0.7985

87.6

96.3

87.1

93.1

9.9

6.9

13

Manufacture of textiles

3.2913

120.1

114.7

118.1

117.2

-4.5

-0.8

14

Manufacture of wearing apparel

1.3225

145.4

167.2

143.3

164.1

15.0

14.5

15

Manufacture of leather and related products

0.5021

134.2

135.6

131.1

131.9

1.0

0.6

16

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

0.1930

103.7

107.6

100.6

115.4

3.8

14.7

17

Manufacture of paper and paper products

0.8724

109.1

92.3

109.0

92.9

-15.4

-14.8

18

Printing and reproduction of recorded media

0.6798

101.0

90.0

95.7

96.0

-10.9

0.3

19

Manufacture of coke and refined petroleum products

11.7749

131.0

131.9

127.4

125.6

0.7

-1.4

20

Manufacture of chemicals and chemical products

7.8730

116.4

123.8

116.4

118.5

6.4

1.8

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

212.2

217.6

201.1

211.4

2.5

5.1

22

Manufacture of rubber and plastics products

2.4222

107.0

105.9

107.8

104.4

-1.0

-3.2

23

Manufacture of other non-metallic mineral products

4.0853

115.3

123.5

123.6

124.5

7.1

0.7

24

Manufacture of basic metals

12.8043

136.9

160.6

137.1

156.8

17.3

14.4

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

105.1

94.2

106.2

95.8

-10.4

-9.8

26

Manufacture of computer, electronic and optical products

1.5704

172.7

177.7

172.0

175.0

2.9

1.7

27

Manufacture of electrical equipment

2.9983

103.9

107.0

106.9

103.7

3.0

-3.0

28

Manufacture of machinery and equipment n.e.c.

4.7653

109.2

103.4

114.3

110.4

-5.3

-3.4

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

125.5

108.8

124.6

112.5

-13.3

-9.7

30

Manufacture of other transport equipment

1.7763

153.5

147.0

148.3

144.4

-4.2

-2.6

31

Manufacture of furniture

0.1311

230.6

207.5

212.7

196.0

-10.0

-7.9

32

Other manufacturing

0.9415

90.9

89.9

90.2

86.5

-1.1

-4.1

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

95.5

100.2

102.7

106.2

4.9

3.4

10-32

Manufacturing

77.6332

127.6

132.9

127.4

131.0

4.2

2.8

35

Electricity

7.9943

162.0

169.7

160.1

170.6

4.8

6.6

 

 

 

 

 

 

 

 

 

 

General Index

100.00

125.7

131.1

126.4

130.6

4.3

3.3

* Figures for July 2019 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)

 

2018-19

2019-20

2018-19

2019-20

2018-19

2019-20

2018-19

2019-20

2018-19

2019-20

2018-19

2019-20

Apr

119.7

125.8

97.6

96.2

120.1

123.7

135.9

135.0

124.4

127.1

132.8

140.0

May

129.0

131.9

106.1

104.6

123.4

140.3

140.8

143.3

133.5

133.9

138.6

149.8

Jun

127.1

127.6

109.5

102.0

121.8

137.1

142.4

139.7

133.6

120.0

128.5

137.6

Jul*

123.6

127.9

98.7

91.7

121.4

138.3

136.1

139.0

133.5

129.9

135.1

146.3

Aug

120.7

 

112.2

 

126.6

 

138.6

 

135.1

 

140.0

 

Sep

120.0

 

115.0

 

125.6

 

137.2

 

136.9

 

145.6

 

Oct

129.5

 

114.1

 

125.5

 

143.9

 

139.7

 

143.4

 

Nov

124.8

 

100.0

 

120.2

 

135.5

 

118.3

 

148.6

 

Dec

126.6

 

114.7

 

129.9

 

146.1

 

124.2

 

163.4

 

Jan

131.0

 

107.1

 

127.0

 

147.2

 

128.7

 

159.2

 

Feb

121.1

 

107.7

 

118.5

 

141.1

 

125.1

 

153.9

 

Mar

140.0

 

118.6

 

154.4

 

155.4

 

131.7

 

156.6

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Jul*

124.9

128.3

103.0

98.6

121.7

134.9

138.8

139.3

131.3

127.7

133.8

143.4

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Jul*

6.8

3.5

2.3

-7.1

1.3

13.9

9.2

2.1

14.1

-2.7

5.3

8.3

 

 

 

 

 

 

 

Apr-Jul*

6.1

2.7

7.1

-4.3

0.8

10.8

8.7

0.4

9.5

-2.7

2.8

7.2

 

 

 

 

 

 

 

 

 

 

 

 

 

* Figures for Jul 2019 are Quick Estimates.

NOTE : Indices for the months of Apr’19 and Jun’19 incorporate updated production data.

 

 

STATEMENT IV

Sl No

Item Group

Weights (%)

Production Growth (%)

Item Groups with high positive growth in production

1

Fragrances & Oil essentials

0.20

260.3

2

MS slabs

0.84

141.0

3

Vanaspati  and other vegetable oils & fats

0.22

66.8

4

Separators including decanter centrifuge

0.16

57.9

5

Copper bars, rods & wire rods

0.64

50.8

Item Groups with high negative growth in production

1

Harvesters and threshers

0.21

-69.8

2

Bars and Rods of Alloy and Stainless Steel

0.57

-46.0

3

T.V.set

0.31

-39.6

4

Vaccine for veterinary medicine

0.45

-39.0

5

Newsprint

0.39

-37.1

Sl No

Item Group

Weights (%)

Contribution to IIP Growth

High Positive Contributors

1

MS slabs

0.84

1.7306

2

Sunflower Oil

0.07

0.6103

3

Mining

14.37

0.5374

4

Electricity

7.99

0.4897

5

Digestive enzymes and antacids (incl. PPI drugs)

0.22

0.4728

High Negative Contributors

1

Bars and Rods of Alloy and Stainless Steel

0.57

-0.5481

2

Vaccine for veterinary medicine

0.45

-0.3240

3

Commercial Vehicles

0.94

-0.2375

4

Auto components/ spares and accessories

2.59

-0.2062

5

Steel Structurals (including angles, shapes, sections, etc.)

0.79

-0.1997