Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of July, 2019

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                                         (BASE 2011-12=100)

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: –

  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)
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
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