Ministry of Statistics & Programme Implementation

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

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

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of August 2018 stands at 127.4, which is 4.3 percent higher as compared to the level in the month of August 2017. The cumulative growth for the period April-August 2018 over the corresponding period of the previous year stands at 5.2 percent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2018 stand at 92.2, 129.8 and 167.2 respectively, with the corresponding growth rates of (-) 0.4 percent, 4.6 percent and 7.6 percent as compared to August 2017 (Statement I). The cumulative growth in these three sectors during April-August 2018 over the corresponding period of 2017 has been 3.9 percent, 5.4 percent and 5.8 percent respectively.

3.        In terms of industries, sixteen 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 August 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 29.2 percent followed by 18.9 percent in ‘Manufacture of wearing apparel’ and 12.7 percent in ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’. On the other hand, the industry group ‘Printing and reproduction of recorded media’ have shown the highest negative growth of (-) 19.2 percent followed by (-) 17.0 percent in ‘Manufacture of tobacco products’ and (-) 7.3 percent in ‘Manufacture of computer, electronic and optical products’.

4.        As per Use-based classification, the growth rates in August 2018 over August 2017 are 2.6 percent in Primary goods, 5.0 percent in Capital goods, 2.4 percent in Intermediate goods and 7.8 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 5.2 percent and 6.3 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 August 2018, the indices for July 2018 have undergone the first revision and those for May 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 August 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 September 2018 will be on Monday, 12November 2018.

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

105.0

120.3

128.3

147.4

159.9

119.3

127.5

Jul

92.4

95.5

119.3

127.6

151.9

162.1

118.0

125.7

Aug*

92.6

92.2

124.1

129.8

155.4

167.2

122.1

127.4

Sep

94.4

 

125.6

 

150.5

 

123.1

 

Oct

100.8

 

123.7

 

149.8

 

122.5

 

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-Aug

96.8

100.6

121.3

127.8

152.7

161.5

120.3

126.6

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

Aug

9.3

-0.4

3.8

4.6

8.3

7.6

4.8

4.3

 

 

 

 

 

 

 

 

 

Apr-Aug

3.2

3.9

1.7

5.4

6.2

5.8

2.3

5.2

 

 

 

 

 

 

 

 

 

* Indices for Aug 2018 are Quick Estimates.

         

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

 

 

Aug'17

Aug'18*

Apr-Aug

Aug'18*

Apr-Aug

 

 

 

 

 

2017-18

2018-19

 

2018-19

10

Manufacture of food products

5.3025

95.6

104.6

92.2

101.1

9.4

9.7

11

Manufacture of beverages

1.0354

95.8

102.8

105.3

114.5

7.3

8.7

12

Manufacture of tobacco products

0.7985

101.8

84.5

97.3

86.6

-17.0

-11.0

13

Manufacture of textiles

3.2913

116.0

125.1

116.3

119.7

7.8

2.9

14

Manufacture of wearing apparel

1.3225

121.4

144.3

142.6

144.2

18.9

1.1

15

Manufacture of leather and related products

0.5021

117.1

124.9

127.6

130.3

6.7

2.1

16

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

0.1930

94.8

106.8

92.4

99.2

12.7

7.4

17

Manufacture of paper and paper products

0.8724

113.9

108.1

111.6

108.8

-5.1

-2.5

18

Printing and reproduction of recorded media

0.6798

113.3

91.5

101.7

94.2

-19.2

-7.4

19

Manufacture of coke and refined petroleum products

11.7749

121.2

124.3

119.4

126.8

2.6

6.2

20

Manufacture of chemicals and chemical products

7.8730

117.1

126.1

112.2

118.4

7.7

5.5

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

197.0

212.5

199.1

203.7

7.9

2.3

22

Manufacture of rubber and plastics products

2.4222

111.4

109.7

112.5

108.2

-1.5

-3.8

23

Manufacture of other non-metallic mineral products

4.0853

105.3

115.0

110.5

121.5

9.2

10.0

24

Manufacture of basic metals

12.8043

136.2

140.4

133.9

137.5

3.1

2.7

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

110.4

108.0

98.7

106.7

-2.2

8.1

26

Manufacture of computer, electronic and optical products

1.5704

178.5

165.5

138.1

170.6

-7.3

23.5

27

Manufacture of electrical equipment

2.9983

106.1

107.7

101.1

107.1

1.5

5.9

28

Manufacture of machinery and equipment n.e.c.

4.7653

114.8

118.2

112.0

114.7

3.0

2.4

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

114.9

128.7

105.8

125.3

12.0

18.4

30

Manufacture of other transport equipment

1.7763

144.9

157.9

133.0

150.7

9.0

13.3

31

Manufacture of furniture

0.1311

160.8

207.8

169.5

203.1

29.2

19.8

32

Other manufacturing

0.9415

108.0

100.6

122.8

92.7

-6.9

-24.5

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

92.6

92.2

96.8

100.6

-0.4

3.9

10-32

Manufacturing

77.6332

124.1

129.8

121.3

127.8

4.6

5.4

35

Electricity

7.9943

155.4

167.2

152.7

161.5

7.6

5.8

 

 

 

 

 

 

 

 

 

 

General Index

100.00

122.1

127.4

120.3

126.6

4.3

5.2

* Figures for August 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

127.2

99.8

109.6

120.0

121.8

130.2

140.9

117.6

133.3

128.2

128.4

Jul

115.7

123.5

96.5

99.2

119.8

121.0

124.6

136.1

117.0

133.7

128.3

135.4

Aug*

117.8

120.9

101.7

106.8

123.0

125.9

128.3

138.3

128.1

134.8

131.4

139.7

Sep

117.0

 

107.6

 

123.8

 

125.3

 

129.9

 

136.9

 

Oct

122.1

 

97.6

 

122.6

 

132.0

 

119.0

 

132.1

 

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-Aug

117.7

124.1

97.3

103.9

121.1

122.4

127.8

138.4

121.5

131.9

130.5

135.0

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aug

7.1

2.6

7.3

5.0

-0.5

2.4

2.7

7.8

4.3

5.2

7.2

6.3

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Aug

3.2

5.4

-1.4

6.8

-0.1

1.1

2.4

8.3

-0.3

8.6

7.0

3.4

 

 

 

 

 

 

 

 

 

 

 

 

 

* Indices for Aug 2018 are Quick Estimates.

                 

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

69.4

2

Commercial Vehicles

0.94

39.0

3

Readymade Garments, knitted

0.23

37.2

4

Transformers (Small)

0.22

37.1

5

Steroids and hormonal preparations (including anti-fungal preparations)

0.72

33.4

6

Digestive enzymes and antacids (incl. PPI drugs)

0.22

29.3

7

Vaccine for veterinary medicine

0.45

21.3

8

Galvanised products of Steel (including colour coated, tin plates, TMBP and Tin free steel)

0.79

20.8

Item Groups with high negative growth in production

1

Copper electrodes

0.22

-61.4

2

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

0.31

-52.3

3

Bags/ pouches of HDPE/ LDPE (plastic)

0.34

-49.2

4

Copper bars, rods & wire rods

0.64

-47.0

5

Anti-pyretic, analgesic/anti-inflammatory API & formulations

0.45

-45.3

6

Bodies of trucks, lorries and trailers

0.26

-45.0

7

Air filters

0.19

-41.9

8

Pig iron

0.40

-41.3

       
       

Sl No

Item Group

Weights (%)

Contribution to IIP Growth

High Positive Contributors

1

Digestive enzymes and antacids (incl. PPI drugs)

0.22

0.9600

2

Electricity

7.99

0.7726

3

Cement- all types

2.16

0.3065

4

Commercial Vehicles

0.94

0.2708

5

Auto components/ spares and accessories

2.59

0.2399

High Negative Contributors

1

Anti-pyretic, analgesic/anti-inflammatory API & formulations

0.45

-0.6217

2

Copper bars, rods & wire rods

0.64

-0.3057

3

Pig iron

0.40

-0.2219

4

Separators including decanter centrifuge

0.16

-0.2173

5

Copper electrodes

0.22

-0.1372

*****

AKT/VJ



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