Estimation of Index of Industrial Production (IIP) with base 2011-12 for the month of June 2017 released by Ministry of Statistics and Programme Implementation

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New Delhi: The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of June 2017 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.

  1. The General Index for the month of June 2017 stands at 119.6, which is 0.1 percent lower as compared to the level in the month of June 2016. The cumulative growth for the period April-June 2017 over the corresponding period of the previous year stands at 2.0 percent.
  2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of June 2017 stand at 98.8, 120.6 and 147.4 respectively, with the corresponding growth rates of 0.4 percent,   (-)0.4 percent and 2.1 percent as compared to June 2016 (Statement I). The cumulative growth in these three sectors during April-June 2017 over the corresponding period of 2016 has been 1.2 percent, 1.8 percent and 5.3 percent respectively.
  3. In terms of industries, fifteen out of the twenty three industry groups ( as per 2-digit NIC-2008) in the manufacturing sector h ave shown negative growth during the month of June 2017 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Manufacture of electrical equipment’ has shown the highest negative growth of (-) 20.1 percent followed by (-) 11.1 percent in ‘Manufacture of fabricated metal products, except machinery and equipment’ and (-) 10.5 percent in ‘Printing and reproduction of recorded media’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest positive growth of 28.1 percent followed by 19.2 percent in ‘Manufacture of pharmaceuticals, medicinal chemical and botanical products’ and 11.7 percent in ‘Manufacture of furniture’.
  4. As per Use-based classification, the growth rates in June 2017 over June 2016 are (-) 0.2 percent in Primary goods, (-) 6.8 percent in Capital goods,        (-) 0.6 percent in Intermediate goods and 0.6 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 2.1 percent and 4.9 percent respectively.
  5. Some important items that have registered high negative growth include ‘Water purification apparatus’ [(-) 68.4%], ‘Shelled cashew kernel, whether or not processed/ roasted/ salted’ [(-) 63.6%], ‘Electrical apparatus for switching or protecting electrical circuits (e.g switchgear, circuit breakers/switches, control/ meter panel)’ [(-) 48.6%], ‘Plastic jars, bottles and containers’              [(-) 48.1%], ‘Kerosene’ [(-) 39.0%], ‘Printing machinery’ [(-) 35.6%], ‘Tooth Paste’ [(-) 33.0%], ‘Air filters’ [(-) 28.9%], ‘Vaccine for veterinary medicine’ [(-) 28.8%] and ‘Cement Clinkers’ [(-) 22.2%].
  6. Some important items showing high positive growth during the current month over the same month in previous year include ‘Digestive enzymes and antacids (incl. PPI drugs)’ (67.8%), ‘Construction machine/ equipment (incl. bull-dozers and road rollers)’ (36.8%), ‘Jewellery of gold (studded with stones or not)’ (34.7%), ‘Cut & Polished Diamonds’ (31.1%), ‘Axle’ (29.5%),’ Meters (electric and non-electric)’ (28.9%), ‘Pipes, tubes & casing of steel/iron’ (24.9%) and  ‘Aluminium Billets/ingots’ (22.6%).
  7. 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 Negative Contributors
Electrical apparatus for switching or protecting electrical circuits

(e.g switchgear, circuit breakers/switches, control/ meter panel)

0.45 -0.2829
Diesel 5.71 -0.1480
Cement- all types 2.16 -0.1464
Printing machinery 0.46 -0.1334
Vaccine for veterinary medicine 0.45 -0.1313
High Positive Contributors
Digestive enzymes and antacids (incl. PPI drugs) 0.22 1.5357
HR coils and sheets  of mild steel 1.35 0.2580
Electricity 7.99 0.2070
Jewellery of gold (studded with stones or not) 0.44 0.1380
HR plates of mild steel 0.83 0.1067

 

 

  1. Along with the Quick Estimates of IIP for the month of June 2017, the indices for May 2017 have undergone the first revision and those for March 2017 have undergone the final revision in the light of the updated data received from the source agencies.

 

  1. 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 June 2017, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.

 

 

Note: –

  1. This Press release information is also available at the Website of the Ministry – http://www.mospi.nic.in
  2. Release of the index for July 2017 will be on Tuesday, 12 September 2017.
  3. Press release in Hindi follows and shall be available at:

http:// mospi.nic.in/hi

  1. Revisions in the month of March 2017 as per IIP with base 2004-05 have also been undertaken and are available at the Website of the Ministry – http://www.mospi.nic.in.
  2. The indices (Base: 2011-12 = 100) for the month of April 2012 and onwards have been updated based on final figures of WPI. The revised indices are available at the Website of the Ministry – http://www.mospi.nic.in.

 

STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL
(Base : 2011-12=100)
Month Mining Manufacturing Electricity General
(14.3725) (77.6332) (7.9943) (100)
2016-17 2017-18 2016-17 2017-18 2016-17 2017-18 2016-17 2017-18
Apr 95.9 99.0 114.0 117.6 142.9 150.6 113.7 117.6
May 101.4 101.6 122.4 125.6 146.0 158.1 121.3 124.7
Jun* 98.4 98.8 121.1 120.6 144.3 147.4 119.7 119.6
Jul 88.4 119.4 142.5 116.8
Aug 84.7 119.6 143.5 116.5
Sep 87.7 121.0 145.6 118.2
Oct 101.0 121.3 145.1 120.3
Nov 106.2 115.7 134.9 115.9
Dec 114.1 121.4 137.8 121.7
Jan 114.4 123.1 138.9 123.1
Feb 110.5 119.7 130.2 119.2
Mar 127.7 132.7 147.9 133.2
Average
Apr-Jun 98.6 99.8 119.2 121.3 144.4 152.0 118.2 120.6
Growth over the corresponding period of previous year
Jun 10.2 0.4 7.5 -0.4 9.8 2.1 8.0 -0.1
Apr-Jun 7.5 1.2 6.7 1.8 10.0 5.3 7.1 2.0
* Indices for Jun 2017 are Quick Estimates.
NOTE : Indices for the months of Mar’17 and May’17 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     Jun’16 Jun’17 Apr-Jun Jun’17 Apr-Jun
          2016-17 2017-18   2017-18
10 Manufacture of food products 5.3025 91.6 88.2 92.4 89.4 -3.7 -3.2
11 Manufacture of beverages 1.0354 111.0 103.2 128.5 110.1 -7.0 -14.3
12 Manufacture of tobacco products 0.7985 125.0 130.4 98.5 105.0 4.3 6.6
13 Manufacture of textiles 3.2913 120.0 116.1 118.3 116.3 -3.3 -1.7
14 Manufacture of wearing apparel 1.3225 153.3 149.3 156.9 153.5 -2.6 -2.2
15 Manufacture of leather and related products 0.5021 129.6 130.7 129.7 133.0 0.8 2.5
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 100.0 93.9 93.9 90.7 -6.1 -3.4
17 Manufacture of paper and paper products 0.8724 117.5 109.3 117.4 111.2 -7.0 -5.3
18 Printing and reproduction of recorded media 0.6798 107.4 96.1 104.0 101.7 -10.5 -2.2
19 Manufacture of coke and refined petroleum products 11.7749 118.9 117.3 117.0 119.1 -1.3 1.8
20 Manufacture of chemicals and chemical products 7.8730 117.4 111.6 115.6 111.2 -4.9 -3.8
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 160.6 191.4 159.0 200.4 19.2 26.0
22 Manufacture of rubber and plastics products 2.4222 120.5 113.3 119.9 117.2 -6.0 -2.3
23 Manufacture of other non-metallic mineral products 4.0853 119.9 111.6 116.4 112.7 -6.9 -3.2
24 Manufacture of basic metals 12.8043 131.0 134.5 129.3 133.8 2.7 3.5
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 114.0 101.3 108.9 97.3 -11.1 -10.7
26 Manufacture of computer, electronic and optical products 1.5704 126.9 125.3 121.1 126.5 -1.3 4.5
27 Manufacture of electrical equipment 2.9983 120.6 96.3 121.0 100.6 -20.1 -16.9
28 Manufacture of machinery and equipment n.e.c. 4.7653 119.0 115.2 108.6 112.8 -3.2 3.9
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 101.5 103.0 101.8 101.1 1.5 -0.7
30 Manufacture of other transport equipment 1.7763 117.6 127.1 118.5 129.6 8.1 9.4
31 Manufacture of furniture 0.1311 161.2 180.0 168.8 177.9 11.7 5.4
32 Other manufacturing 0.9415 114.4 146.6 116.4 139.0 28.1 19.4
05 Mining 14.3725 98.4 98.8 98.6 99.8 0.4 1.2
10-32 Manufacturing 77.6332 121.1 120.6 119.2 121.3 -0.4 1.8
35 Electricity 7.9943 144.3 147.4 144.4 152.0 2.1 5.3
General Index 100.00 119.7 119.6 118.2 120.6 -0.1 2.0
Industry codes are as per National Industrial Classification 2008

 

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 (34.0486) (8.2230) (17.2215) (12.3384) (12.8393) (15.3292)
  2016-17 2017-18 2016-17 2017-18 2016-17 2017-18 2016-17 2017-18 2016-17 2017-18 2016-17 2017-18
Apr 113.1 116.6 93.4 90.1 115.4 120.5 119.6 125.8 120.6 119.0 113.5 123.5
May 117.6 121.9 101.3 99.9 122.5 123.0 130.9 131.2 124.3 125.3 128.4 140.6
Jun* 116.7 116.5 106.3 99.1 121.5 120.8 128.9 129.7 121.9 119.3 122.3 128.3
Jul 113.2 97.6 123.2 119.5 119.9 123.3
Aug 110.0 94.8 123.6 124.9 122.8 122.6
Sep 109.8 99.0 121.2 124.7 135.4 123.9
Oct 119.2 94.3 122.3 124.8 130.7 122.1
Nov 117.0 98.7 117.7 113.7 118.3 120.5
Dec 123.3 97.3 121.9 125.8 116.8 131.3
Jan 122.0 98.8 123.9 128.7 116.7 138.5
Feb 115.2 101.9 120.7 122.6 115.4 136.5
Mar 132.5 134.7 134.1 135.6 128.2 135.4
Average
Apr-Jun 115.8 118.3 100.3 96.4 119.8 121.4 126.5 128.9 122.3 121.2 121.4 130.8
Growth over the corresponding period of previous year
Jun 8.2 -0.2 14.8 -6.8 6.0 -0.6 6.6 0.6 4.5 -2.1 11.4 4.9
Apr-Jun 8.3 2.2 13.0 -3.9 3.4 1.3 5.0 1.9 7.9 -0.9 7.6 7.7
* Indices for Jun 2017 are Quick Estimates.
NOTE : Indices for the months of Mar’17 and May’17 incorporate updated production data.

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