TMI BlogQuick estimates of index of Industrial Production and Use-Based Index for the month of April, 2018 (Base 2011-12=100)X X X X Extracts X X X X X X X X Extracts X X X X ..... Quick estimates of index of Industrial Production and Use-Based Index for the month of April, 2018 (Base 2011-12=100) - News and Press Release Dated:- 13-6-2018 - News - The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of April 2018 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 14 source agencies viz. (i) Department of Industrial Policy Promotion (DIPP); (ii) Indian Bureau of Mines; (iii) Central Electricity Authority; (iv) Joint Plant Committee, Ministry of Steel; (v) Ministry of Petroleum Natural Gas; (vi) Office of Textile Commissioner; (vii) Department of Chemicals Petrochemicals; (viii) Directorate of Sugar Vegetable Oils; (ix) Department of Fertilizers; (x) Tea Board; (xi) Office of Jute Commissioner; (xii) Office of Coal Controller; (xiii) Railway Board; and (xiv) Coffee Board. 2. The General Index for the month of April 2018 stands at 123.0, which is 4.9 percent higher as compared to the level in the month of April 2017. The cumulative growth for the period April-March 2017-18 over the corresponding period of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... previous year stands at 4.3 percent. 3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2018 stand at 103.8, 123.4 and 153.7 respectively, with the corresponding growth rates of 5.1 percent, 5.2 percent and 2.1 percent as compared to April 2017 (Statement I). The cumulative growth in these three sectors during April-March 2017-18 over the corresponding period of 2016-17 has been 2.3 percent, 4.5 percent and 5.4 percent respectively. 4. 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 April 2018 as compared to the corresponding month of the previous year (Statement II). The industry group Manufacture of computer, electronic and optical products has shown the highest positive growth of 27.5 percent followed by 21.9 percent in Manufacture of motor vehicles, trailers and semi-trailers and 15.7 percent in Manufacture of food products . On the other hand, the industry group Other manufacturing has shown the highest negative growth of (-) 30.7 percent followed by (-) 13.4 percent in Manuf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... acture of wearing apparel and (-) 10.3 percent in Printing and reproduction of recorded media . 5. As per Use-based classification, the growth rates in April 2018 over April 2017 are 3.1 percent in Primary goods, 13.0 percent in Capital goods, 1.6 percent in Intermediate goods and 7.5 percent in Infrastructure/ Construction Goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of 4.3 percent and 7.0 percent respectively. 6. Some important item groups showing high positive growth during the current month over the same month in previous year include Sugar (156.5%), Construction machine/ equipment (incl. bull-dozers and road rollers) (110.4%), Stainless steel utensils (101.7%), Commercial Vehicles (94.3%), Printed Circuit Boards (whether or not mounted with IC chips /components) (69.3%), Steroids and hormonal preparations (including anti-fungal preparations) (45.8%), Transformers (Small) (45.1%) and Polymers (incl. Polyethylene, PVC, Poly propylene) (26.2%). 7. Some important item groups that have registered high negative growth include Jewellery of gold (studded with stones or not) [(-) 75.1%], Anti-malarial drugs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... [(-) 65.9%], Air filters [(-) 52.2%], Copper bars, rods wire rods [(-) 40.9%], Telephones and mobile instruments [(-) 38.4%], Paper of all kinds excluding newsprint [(-) 37.8%], Bags/ pouches of HDPE/ LDPE (plastic) [(-) 37.6%], Copper electrodes [(-) 34.1%], Plastic components of packing/ closing/ bottling articles of electrical fittings [(-) 30.0%], Separators including decanter centrifuge [(-)25.8%], Pesticides-technical grade [(-) 24.9%] and Readymade Garments, knitted [(-) 20.6%]. 8. Taking into account the weights, the dominant item groups (five each) which have positively and negatively contributed to the overall growth of IIP are given below: Item Group Weights (%) Contribution to IIP Growth High Positive Contributors Mining 14.37 0.6126 Scientific instruments/ apparatus for drawing, calculating and measurement 0.04 0.5126 Commercial Vehicles 0.94 0.4686 Sugar 0.76 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.4088 Cement- all types 2.16 0.3836 High Negative Contributors Jewellery of gold (studded with stones or not) 0.44 -0.4452 Copper bars, rods wire rods 0.64 -0.2672 Telephones and mobile instruments 0.19 -0.1641 Readymade Garments, knitted 0.23 -0.1363 Air filters 0.19 -0.1345 9. Along with the Quick Estimates of IIP for the month of April 2018, the indices for March 2018 have undergone the first revision and those for January 2018 have undergone the final revision in the light of the updated data received from the source agencies. 10. 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 April 2018, along with the growth rates over the corresponding month of the previous year inc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... luding the cumulative indices are enclosed. Note: - This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in Release of the index for May 2018 will be on Thursday, 12 July 2018. 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) 2016-17 2017-18 2018-19 2016-17 2017-18 2018-19 2016-17 2017-18 2018-19 2016-17 2017-18 2018-19 Apr* 95.9 98.8 103.8 114.0 117.3 123.4 142 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .9 150.6 153.7 113.7 117.3 123.0 May 101.4 101.7 122.4 125.6 146.0 158.1 121.3 124.8 Jun 98.4 98.5 121.1 120.3 144.3 147.4 119.7 119.3 Jul 88.4 92.4 119.4 119.3 142.5 151.9 116.8 118.0 Aug 84.7 92.6 119.6 124.1 143.5 155.4 116.5 122.1 Sep 87.7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 94.4 121.0 125.6 145.6 150.5 118.2 123.1 Oct 101.0 100.8 121.3 123.7 145.1 149.8 120.3 122.5 Nov 106.2 107.7 115.7 127.7 134.9 140.1 115.9 125.8 Dec 114.1 115.5 121.4 132.0 137.8 143.9 121.7 130.6 Jan 114.4 114.7 123.1 133.8 138.9 149.5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 123.1 132.3 Feb 110.5 110.1 119.7 129.9 130.2 136.1 119.2 127.5 Mar 127.7 131.6 132.7 138.9 147.9 156.7 133.2 139.3 Average Apr-Mar 102.5 104.9 -- 121.0 126.5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -- 141.6 149.2 -- 120.0 125.2 -- Growth over the corresponding period of previous year Apr 6.7 3.0 5.1 4.9 2.9 5.2 14.4 5.4 2.1 6.0 3.2 4.9 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Apr-Mar 5.3 2.3 -- 4.4 4.5 -- 5.8 5.4 -- 4.6 4.3 -- * Indices for Apr 2018 are Quick Estimates. NOTE : Indices for the months of Jan'18 and Mar'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 Apr'17 Apr'18* ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Apr-Mar Apr'18* Apr-Mar 2016-17 2017-18 2017-18 10 Manufacture of food products 5.3025 91.5 105.9 98.9 107.2 15.7 8.4 11 Manufacture of beverages 1.0354 112.2 116.8 106.3 105.4 4.1 -0.8 12 Manufacture of tobacco products 0.7985 73.6 77.2 115.9 95.2 4.9 -17.9 13 Manufacture of textiles 3.2913 116.0 114.2 117.4 116.9 -1.6 -0.4 14 Manufacture of wearing apparel 1.3225 155.5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 134.6 151.7 135.2 -13.4 -10.9 15 Manufacture of leather and related products 0.5021 131.4 128.8 122.3 124.0 -2.0 1.4 16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 86.1 89.8 93.1 92.2 4.3 -1.0 17 Manufacture of paper and paper products 0.8724 110.5 107.5 114.0 108.8 -2.7 -4.6 18 Printing and reproduction of recorded media 0.6798 98.6 88.4 106.0 99.7 -10.3 -5.9 19 Manufacture of coke and refined petroleum products 11. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7749 116.3 117.4 119.1 123.5 0.9 3.7 20 Manufacture of chemicals and chemical products 7.8730 108.6 112.9 116.5 116.1 4.0 -0.3 21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 182.2 196.2 172.3 212.6 7.7 23.4 22 Manufacture of rubber and plastics products 2.4222 117.8 105.8 120.5 110.6 -10.2 -8.2 23 Manufacture of other non-metallic mineral products 4.0853 110.6 122.9 109.9 113.8 11.1 3.5 24 Manufacture of basic metals 12.8043 131. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 136.2 130.6 138.0 3.9 5.7 25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 94.0 101.3 105.5 107.8 7.8 2.2 26 Manufacture of computer, electronic and optical products 1.5704 116.5 148.5 126.7 148.5 27.5 17.2 27 Manufacture of electrical equipment 2.9983 98.1 103.2 122.6 107.2 5.2 -12.6 28 Manufacture of machinery and equipment n.e.c. 4.7653 101.1 109.7 114.1 120.5 8.5 5.6 29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 99.7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 121.5 101.7 114.5 21.9 12.6 30 Manufacture of other transport equipment 1.7763 124.8 142.1 117.5 133.9 13.9 14.0 31 Manufacture of furniture 0.1311 169.5 186.9 176.2 197.3 10.3 12.0 32 Other manufacturing 0.9415 138.9 96.2 125.6 106.8 -30.7 -15.0 05 Mining 14.3725 98.8 103.8 102.5 104.9 5.1 2.3 10-32 Manufacturing 77.6332 11 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7.3 123.4 121.0 126.5 5.2 4.5 35 Electricity 7.9943 150.6 153.7 141.6 149.2 2.1 5.4 General Index 100.00 117.3 123.0 120.0 125.2 4.9 4.3 * Figures for Apr 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Consumer non-durables Month (34.048612) (8.223043) (17.221487) (12.338363) (12.839296) (15.329199) 2016-17 2017-18 2018-19 2016-17 2017-18 2018-19 2016-17 2017-18 2018-19 2016-17 2017-18 2018-19 2016-17 2017-18 2018-19 2016-17 2017-18 2018-19 Apr* 113.1 116.5 120.1 93.4 88.9 100.5 115.4 119.6 121.5 119.6 125.2 134.6 120.6 119.7 124.8 113.5 123.5 132.2 May 117.6 122.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 101.3 99.7 122.5 123.3 130.9 130.8 124.3 125.1 128.4 140.9 Jun 116.7 116.4 106.3 99.8 121.5 120.0 128.9 130.2 121.9 117.6 122.3 128.2 Jul 113.2 115.7 97.6 96.5 123.2 119.8 119.5 124.6 119.9 117.0 123.3 128.3 Aug 110.0 117.8 94.8 101.7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 123.6 123.0 124.9 128.3 122.8 128.1 122.6 131.4 Sep 109.8 117.0 99.0 107.6 121.2 123.8 124.7 125.3 135.4 129.9 123.9 136.9 Oct 119.2 122.1 94.3 97.6 122.3 122.6 124.8 132.0 130.7 119.0 122.1 132.1 Nov 117.0 120.9 98.7 104.3 117.7 125.4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 113.7 129.3 118.3 122.0 120.5 149.1 Dec 123.3 128.0 97.3 110.1 121.9 131.0 125.8 134.0 116.8 119.3 131.3 153.4 Jan 122.0 129.2 98.8 111.1 123.9 130.6 128.7 138.3 116.7 125.6 138.5 153.3 Feb 115.2 119.5 101.9 121.8 120.7 124.6 122.6 138.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 115.4 124.0 136.5 146.5 Mar 132.5 136.5 134.7 127.0 134.1 137.2 135.6 147.7 128.2 133.4 135.4 152.6 Average Apr-Mar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 117.5 121.8 -- 101.5 105.5 -- 122.3 125.1 -- 125.0 132.0 -- 122.6 123.4 -- 126.5 139.7 -- Growth over the corresponding period of previous year ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Apr 12.6 3.0 3.1 9.2 -4.8 13.0 -0.3 3.6 1.6 0.8 4.7 7.5 9.3 -0.7 4.3 0.2 8.8 7.0 Apr-Mar 4.9 3.7 -- 3.2 3.9 -- 3.3 2.3 -- 3.9 5.6 -- 2.9 0.7 -- 7.9 10.4 -- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... * Indices for Apr 2018 are Quick Estimates. NOTE : Indices for the months of Jan'18 and Mar'18 incorporate updated production data. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
