Quick Estimates of Index of Industrial Production and Use-Based …

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of March 2019stands at 140.2, which is 0.1 percent lower as compared to the level in the month of March 2018. The cumulative growth for the period April-March 2018-19 over the corresponding period of the previous year stands at 3.6 percent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2019 stand at 132.6, 139.6 and 160.1 respectively, with the corresponding growth rates of 0.8 percent, (-) 0.4 percent and 2.2 percent as compared to March 2018 (Statement I). The cumulative growth in these three sectors during April-March 2018-19 over the corresponding period of 2017-18 has been 2.9 percent, 3.5 percent and 5.2 percent respectively.

3.        In terms of industries, twelve out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown negative growth during the month of March 2019 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of furniture’ ‘has shown the Highest negative growth of (-) 24.6 percent followed by (-) 18.5 percent in ‘Manufacture of other transport equipment’ and (-) 15.3 in‘Manufacture of fabricated metal products, except machinery and equipment’. On the other hand, the industry group ‘Manufacture of tobacco products’ has shown the Highest positive growth of 13.5 percent followed by 10.6 percent in ‘Manufacture of computer, electronic and optical products’ and 9.3 percent in ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’.

4.        As per Use-based classification, the growth rates in March 2019 over March 2018 are 2.5 percent in Primary goods, (-) 8.7 percent in Capital goods, (-) 2.5 percent in Intermediate goods and 6.4 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 5.1 percent and 0.3 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 March 2019, the indices for February 2019 have undergone the first revision and those for December 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 March 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 April 2019 will be on Wednesday, 12June 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

131.6

150.5

162.9

123.1

128.8

Oct

100.8

108.2

123.7

133.9

149.8

166.0

122.5

132.8

Nov

107.7

110.6

127.7

126.8

140.1

147.3

125.8

126.1

Dec

115.5

114.4

132.0

135.8

143.9

150.4

130.6

133.9

Jan

114.7

119.2

133.8

135.2

149.5

150.9

132.3

134.2

Feb

110.1

112.5

129.7

129.2

136.1

137.9

127.4

127.5

Mar*

131.6

132.6

140.2

139.6

156.7

160.1

140.3

140.2

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar*

104.9

107.9

126.6

131.0

149.2

156.9

125.3

129.8

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

Mar*

3.1

0.8

5.7

-0.4

5.9

2.2

5.3

-0.1

 

 

 

 

 

 

 

 

 

Apr-Mar*

2.3

2.9

4.6

3.5

5.4

5.2

4.4

3.6

 

 

 

 

 

 

 

 

 

                 

* Figures for Mar 2019 are Quick Estimates.

         

NOTE : Indices for the months of Dec’18 and Feb’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

 

 

Mar’18

Mar’19*

Apr-Mar*

Mar’19*

Apr-Mar*

 

 

 

 

 

2017-18

2018-19

 

2018-19

10

Manufacture of food products

5.3025

128.3

137.4

108.1

121.1

7.1

12.0

11

Manufacture of beverages

1.0354

123.1

117.4

105.4

108.7

-4.6

3.1

12

Manufacture of tobacco products

0.7985

95.0

107.8

95.1

93.9

13.5

-1.3

13

Manufacture of textiles

3.2913

119.0

117.7

117.1

118.4

-1.1

1.1

14

Manufacture of wearing apparel

1.3225

169.3

174.5

137.5

152.3

3.1

10.8

15

Manufacture of leather and related products

0.5021

130.3

132.7

123.9

124.7

1.8

0.6

16

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

0.1930

105.2

115.0

92.4

104.0

9.3

12.6

17

Manufacture of paper and paper products

0.8724

112.7

99.7

108.9

104.2

-11.5

-4.3

18

Printing and reproduction of recorded media

0.6798

111.2

107.5

99.7

97.7

-3.3

-2.0

19

Manufacture of coke and refined petroleum products

11.7749

128.6

134.5

123.5

126.7

4.6

2.6

20

Manufacture of chemicals and chemical products

7.8730

126.9

128.4

116.1

118.8

1.2

2.3

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

231.5

225.6

212.1

215.0

-2.5

1.4

22

Manufacture of rubber and plastics products

2.4222

111.3

108.3

110.6

108.0

-2.7

-2.4

23

Manufacture of other non-metallic mineral products

4.0853

129.8

139.9

113.9

123.6

7.8

8.5

24

Manufacture of basic metals

12.8043

151.3

153.1

138.0

141.3

1.2

2.4

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

132.9

112.5

107.9

106.4

-15.3

-1.4

26

Manufacture of computer, electronic and optical products

1.5704

159.8

176.7

148.5

168.5

10.6

13.5

27

Manufacture of electrical equipment

2.9983

117.4

107.6

107.4

110.0

-8.3

2.4

28

Manufacture of machinery and equipment n.e.c.

4.7653

147.9

140.0

120.5

123.4

-5.3

2.4

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

134.4

124.3

114.5

122.8

-7.5

7.2

30

Manufacture of other transport equipment

1.7763

151.1

123.2

133.9

145.7

-18.5

8.8

31

Manufacture of furniture

0.1311

276.5

208.4

196.6

211.4

-24.6

7.5

32

Other manufacturing

0.9415

109.2

114.5

106.2

92.9

4.9

-12.5

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

131.6

132.6

104.9

107.9

0.8

2.9

10-32

Manufacturing

77.6332

140.2

139.6

126.6

131.0

-0.4

3.5

35

Electricity

7.9943

156.7

160.1

149.2

156.9

2.2

5.2

 

 

 

 

 

 

 

 

 

 

General Index

100.00

140.3

140.2

125.3

129.8

-0.1

3.6

* Figures for March 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)

 

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

115.0

123.8

125.6

125.3

137.2

129.9

136.9

136.9

145.6

Oct

122.1

129.5

97.6

114.1

122.6

125.5

132.0

143.9

119.0

139.7

132.1

143.4

Nov

120.9

124.8

104.3

100.0

125.4

120.2

129.3

135.5

122.0

118.3

149.1

148.6

Dec

128.0

126.6

110.1

114.7

131.0

129.9

134.0

146.1

119.3

124.2

153.4

163.4

Jan

129.2

131.0

111.1

107.3

130.6

126.4

138.3

147.7

125.6

128.5

153.3

158.4

Feb

119.5

121.1

118.8

108.2

124.8

118.5

138.5

141.4

124.0

125.5

146.6

152.7

Mar*

136.5

139.9

130.5

119.2

137.4

133.9

147.9

157.4

136.1

129.2

154.5

154.9

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar*

121.8

126.1

105.6

108.6

125.1

124.4

132.0

141.9

123.6

130.2

139.9

145.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mar*

3.0

2.5

-3.1

-8.7

2.5

-2.5

9.1

6.4

6.2

-5.1

14.1

0.3

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar*

3.7

3.5

4.0

2.8

2.3

-0.6

5.6

7.5

0.8

5.3

10.6

3.8

 

 

 

 

 

 

 

 

 

 

 

 

 

* Figures for Mar 2019 are Quick Estimates.

                 

NOTE : Indices for the months of Dec’18 and Feb’19 incorporate updated production data.

         

 

 
































STATEMENT IV

       
       

Sl No

Item Group

Weights (%)

Production Growth (%)

Item Groups with high negative growth in production

1

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

0.31

-77.4

2

T.V.set

0.31

-59.5

3

Air filters

0.19

-59.2

4

Printing machinery

0.46

-58.6

5

Bodies of trucks, lorries and trailers

0.26

-51.8

Item Groups with high positive growth in production

1

Material handling, lifting and hoisting equipment

0.14

96.2

2

Soyabean Oil

0.19

79.9

3

Separators including decanter centrifuge

0.16

46.1

4

Fragrances & Oil essentials

0.20

45.1

5

Antidiabetic drugs excl. Insulin (Metformin, Pioglitazone, Glimepiride, etc.)

0.12

37.4

       
       

Sl No

Item Group

Weights (%)

Contribution to IIP Growth

High Negative Contributors

1

Two-wheelers (motorcycles/ scooters)

1.36

-0.3557

2

Copper bars, rods & wire rods

0.64

-0.2129

3

Pig iron

0.40

-0.1891

4

Printing machinery

0.46

-0.1871

5

Auto components/ spares and accessories

2.59

-0.1626

High Positive Contributors

1

Sunflower Oil

0.07

0.4510

2

Diesel

5.71

0.4479

3

Cement- all types

2.16

0.3854

4

Fragrances & Oil essentials

0.20

0.2123

5

Electricity

7.99

0.1937

 

***

 

AKT

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