Quick estimates of Index of Industrial production and use-based Index for the month of January, 2019 (Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of January 2019stands at 134.5, which is 1.7 percent higher as compared to the level in the month of January 2018. The cumulative growth for the period April-January 2018-19 over the corresponding period of the previous year stands at 4.4 percent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of January 2019 stand at 119.2, 135.6 and 150.7 respectively, with the corresponding growth rates of 3.9 percent, 1.3 percent and 0.8 percent as compared to January 2018 (Statement I). The cumulative growth in these three sectors during April-January 2018-19 over the corresponding period of 2017-18 has been 3.2 percent, 4.4 percent and 5.9 percent respectively.

3.        In terms of industries, eleven 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 January 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 17.0 percent followed by 16.4 percent in ‘Manufacture of wearing apparel’ and 10.4 percent in ‘Printing and reproduction of recorded media’. On the other hand, the industry group ‘Manufacture of furniture’ has shown the highest negative growth of (-) 12.0 percent followed by (-) 9.0 percent in ‘Manufacture of fabricated metal products, except machinery and equipment’ and (-) 6.4 in ‘Manufacture of paper and paper products’.

4.        As per Use-based classification, the growth rates in January 2019 over January 2018 are 1.4 percent in Primary goods, (-) 3.2 percent in Capital goods, (-) 3.0 percent in Intermediate goods and 7.9 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 1.8 percent and 3.8 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 January 2019, the indices for December 2018 have undergone the first revision and those for October 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 January 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 February 2019 will be on Friday, 12April 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 107.7 110.6 127.7 126.9 140.1 147.2 125.8 126.2
Dec 115.5 114.4 132.0 135.9 143.9 150.3 130.6 134.0
Jan* 114.7 119.2 133.8 135.6 149.5 150.7 132.3 134.5
Feb 110.1   129.7   136.1   127.4  
Mar 131.6   140.2   156.7   140.3  
Average              
         
Apr-Jan* 101.7 105.0 124.9 130.4 149.7 158.5 123.6 129.0
             
Growth over the corresponding period of previous year        
         
Jan* 0.3 3.9 8.7 1.3 7.6 0.8 7.5 1.7
         
Apr-Jan 2.5 3.2 4.2 4.4 5.3 5.9 4.1 4.4
                 
* Figures for Jan 2019 are Quick Estimates.
NOTE : Indices for the months of Oct’18 and Dec’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     Jan’18 Jan’19* Apr-Jan* Jan’19* Apr-Jan*
          2017-18 2018-19   2018-19
10 Manufacture of food products 5.3025 131.4 153.7 104.3 117.2 17.0 12.4
11 Manufacture of beverages 1.0354 107.8 104.0 103.2 107.8 -3.5 4.5
12 Manufacture of tobacco products 0.7985 85.7 87.4 95.0 92.0 2.0 -3.2
13 Manufacture of textiles 3.2913 120.4 117.7 117.1 118.8 -2.2 1.5
14 Manufacture of wearing apparel 1.3225 141.1 164.2 133.8 148.6 16.4 11.1
15 Manufacture of leather and related products 0.5021 125.6 123.5 123.1 123.8 -1.7 0.6
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 89.3 95.6 90.9 103.1 7.1 13.4
17 Manufacture of paper and paper products 0.8724 108.2 101.3 109.3 105.9 -6.4 -3.1
18 Printing and reproduction of recorded media 0.6798 90.8 100.2 99.4 96.3 10.4 -3.1
19 Manufacture of coke and refined petroleum products 11.7749 133.3 130.2 123.5 126.8 -2.3 2.7
20 Manufacture of chemicals and chemical products 7.8730 120.1 122.6 115.5 118.6 2.1 2.7
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 231.6 226.2 209.6 213.4 -2.3 1.8
22 Manufacture of rubber and plastics products 2.4222 112.2 107.5 111.2 108.7 -4.2 -2.2
23 Manufacture of other non-metallic mineral products 4.0853 124.3 130.3 111.9 122.1 4.8 9.1
24 Manufacture of basic metals 12.8043 143.7 147.7 136.2 140.5 2.8 3.2
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 114.4 104.1 104.3 105.9 -9.0 1.5
26 Manufacture of computer, electronic and optical products 1.5704 157.2 157.9 147.6 169.5 0.4 14.8
27 Manufacture of electrical equipment 2.9983 106.0 114.3 106.5 110.6 7.8 3.8
28 Manufacture of machinery and equipment n.e.c. 4.7653 121.7 119.0 115.8 122.4 -2.2 5.7
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 123.8 122.1 111.6 123.1 -1.4 10.3
30 Manufacture of other transport equipment 1.7763 132.5 141.5 131.3 148.4 6.8 13.0
31 Manufacture of furniture 0.1311 217.8 191.6 186.7 212.7 -12.0 13.9
32 Other manufacturing 0.9415 93.7 88.2 107.7 90.9 -5.9 -15.6
                 
05 Mining 14.3725 114.7 119.2 101.7 105.0 3.9 3.2
10-32 Manufacturing 77.6332 133.8 135.6 124.9 130.4 1.3 4.4
35 Electricity 7.9943 149.5 150.7 149.7 158.5 0.8 5.9
                 
  General Index 100.00 132.3 134.5 123.6 129.0 1.7 4.4
* Figures for January 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 120.9 124.8 104.3 101.1 125.4 119.3 129.3 135.8 122.0 119.4 149.1 148.2
Dec 128.0 126.5 110.1 115.5 131.0 129.9 134.0 147.4 119.3 123.9 153.4 162.4
Jan * 129.2 131.0 111.1 107.6 130.6 126.7 138.3 149.2 125.6 127.8 153.3 159.1
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-Jan* 120.6 125.2 101.7 107.7 123.9 124.0 129.8 140.7 122.3 130.8 137.7 143.4
                         
Growth over the corresponding period of previous year                
             
Jan* 5.9 1.4 12.4 -3.2 5.4 -3.0 7.5 7.9 7.6 1.8 10.7 3.8
             
Apr-Jan* 3.8 3.8 3.6 5.9 2.1 0.1 4.5 8.4 -0.3 7.0 10.5 4.1
                         
* Figures for Jan 2019 are Quick Estimates.
NOTE : Indices for the months of Oct’18 and Dec’18 incorporate updated production data.

 

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high positive growth in production
1 Ship building and parts thereof 0.19 132.8
2 Soyabean Oil 0.19 62.4
3 Furnace oil 0.58 60.2
4 Agricultural Tractors 0.40 35.0
5 Roller and ball bearings 0.19 30.0
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 Printing machinery 0.46 -57.1
3 Air filters 0.19 -53.8
4 Copper bars, rods & wire rods 0.64 -50.1
5 T.V.set 0.31 -49.7
Sl No Item Group Weights (%) Contribution to IIP Growth
High Positive Contributors
1 Mining 14.37 0.4889
2 Sunflower Oil 0.07 0.4158
3 Sugar 0.76 0.3367
4 Cement- all types 2.16 0.2600
5 Bars and Rods of Alloy and Stainless Steel 0.57 0.2334
High Negative Contributors
1 Copper bars, rods & wire rods 0.64 -0.3144
2 Diesel 5.71 -0.2634
3 Printing machinery 0.46 -0.2466
4 Pig iron 0.40 -0.1816
5 Air filters 0.19 -0.1367