Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of October 2022

New Delhi : The Quick Estimates of Index of Industrial Production (IIP) are released on 12^th of every month (or previous working day if 12^th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments.

2.        For the month of October 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 129.6. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2022 stand at 112.5, 128.7 and 169.3 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.

3.        As per Use-based classification, the indices stand at 131.1 for Primary Goods, 87.7 for Capital Goods, 143.1 for Intermediate Goods and 155.1 for Infrastructure/ Construction Goods for the month of October 2022. Further, the indices for Consumer durables and Consumer non-durables stand at 109.7 and 129.6 respectively for the month of October 2022.

4.        Details of Quick Estimates of the Index of Industrial Production for the month of October 2022 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 12 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.

5.        Along with the Quick Estimates of IIP for the month of October 2022, the indices for September 2022 have undergone the first revision and those for July 2022 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for October 2022, the first revision for September 2022 and the final revision for July 2022 have been compiled at weighted response rates of 91 percent, 93 percent and 94 percent respectively.

6.        Release of the Index for November 2022 will be on Thursday, 12^th January 2023.

Note: –

1. This Press release information is also available at the Website of the Ministry –http://www.mospi.gov.in
2. Press release in Hindi follows and shall be available at: https://www.mospi.gov.in/hi/web/mospi/home

 

 

STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)
(Base: 2011-12=100)
Industry code		Description						Weight		Index				Cumulative Index				Percentage growth #
										Oct’21		Oct’22*		Apr-Oct*				Oct’22*		Apr-Oct*
														2021-22		2022-23				2022-23
10		Manufacture of food products						5.3025		118.8		113.9		116.2		118.7		-4.1		2.2
11		Manufacture of beverages						1.0354		86.8		89.2		82.4		106.1		2.8		28.8
12		Manufacture of tobacco products						0.7985		95.0		81.4		81.9		87.2		-14.3		6.5
13		Manufacture of textiles						3.2913		125.6		102.3		116.6		107.6		-18.6		-7.7
14		Manufacture of wearing apparel						1.3225		163.6		102.9		122.9		129.8		-37.1		5.6
15		Manufacture of leather and related products						0.5021		103.2		78.1		99.6		94.3		-24.3		-5.3
16		Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials						0.1930		110.5		96.5		101.0		107.3		-12.7		6.2
17		Manufacture of paper and paper products						0.8724		86.5		78.8		82.1		83.4		-8.9		1.6
18		Printing and reproduction of recorded media						0.6798		73.4		84.1		68.0		90.2		14.6		32.6
19		Manufacture of coke and refined petroleum products						11.7749		123.9		122.7		115.0		126.1		-1.0		9.7
20		Manufacture of chemicals and chemical products						7.8730		125.9		122.9		120.9		131.0		-2.4		8.4
21		Manufacture of pharmaceuticals, medicinal chemical and botanical products						4.9810		236.7		186.1		226.3		199.1		-21.4		-12.0
22		Manufacture of rubber and plastics products						2.4222		103.8		101.5		104.6		104.5		-2.2		-0.1
23		Manufacture of other non-metallic mineral products						4.0853		129.2		124.6		121.6		130.9		-3.6		7.6
24		Manufacture of basic metals						12.8043		182.6		190.1		171.3		183.4		4.1		7.1
25		Manufacture of fabricated metal products, except machinery and equipment						2.6549		88.9		94.7		83.8		89.3		6.5		6.6
26		Manufacture of computer, electronic and optical products						1.5704		151.8		133.2		133.3		144.7		-12.3		8.6
27		Manufacture of electrical equipment						2.9983		126.6		84.6		106.9		94.1		-33.2		-12.0
28		Manufacture of machinery and equipment n.e.c.						4.7653		106.2		96.6		100.7		109.2		-9.0		8.4
29		Manufacture of motor vehicles, trailers and semi-trailers						4.8573		98.2		110.3		90.4		113.9		12.3		26.0
30		Manufacture of other transport equipment						1.7763		138.7		130.2		113.0		130.4		-6.1		15.4
31		Manufacture of furniture						0.1311		183.8		196.3		155.4		213.2		6.8		37.2
32		Other manufacturing						0.9415		115.2		79.5		91.3		92.8		-31.0		1.6
05		Mining						14.3725		109.8		112.5		104.9		109.1		2.5		4.0
10-32		Manufacturing						77.6332		136.4		128.7		126.9		133.3		-5.6		5.0
35		Electricity						7.9943		167.3		169.3		173.4		189.7		1.2		9.4
		General Index						100.00		135.0		129.6		127.5		134.3		-4.0		5.3
* Figures for October 2022 are Quick Estimates.
#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020
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)
	2021-22		2022-23	2021-22	2022-23	2021-22	2022-23		2021-22		2022-23		2021-22		2022-23		2021-22		2022-23
Apr	126.5		139.5	79.0	88.5	139.6	149.5		144.0		149.7		103.3		110.7		140.0		138.9
May	122.8		144.7	61.9	94.9	129.1	151.7		129.5		153.3		71.6		113.9		135.6		137.5
Jun	122.4		139.3	81.2	104.4	132.7	146.6		137.9		150.8		100.1		125.3		141.8		145.9
Jul	128.5		131.7	92.4	97.1	143.7	149.0		144.4		151.3		118.7		121.4		145.9		141.7
Aug	127.2		129.4	91.1	95.0	144.7	146.5		148.3		151.4		121.6		118.6		148.3		134.2
Sep	117.3		128.4	93.3	103.9	142.9	145.4		145.0		156.2		131.0		126.8		147.3		138.0
Oct*	128.5		131.1	89.8	87.7	147.2	143.1		153.6		155.1		129.5		109.7		149.7		129.6
Nov	126.5			82.1		141.3			141.5				106.6				147.9
Dec	133.7			92.9		151.8			154.0				122.5				161.6
Jan	136.5			94.9		153.5			158.9				118.5				154.4
Feb	130.8			94.5		143.7			152.0				112.9				137.6
Mar	153.2			111.8		156.6			169.5				128.9				150.3
Average
Apr-Oct	124.7		134.9	84.1	95.9	140.0	147.4		143.2		152.5		110.8		118.1		144.1		138.0
Growth over the corresponding period of previous year#
Oct*	9.0		2.0	-1.6	-2.3	4.6	-2.8		6.6		1.0		-3.2		-15.3		0.7		-13.4
Apr-Oct	14.7		8.2	35.4	14.0	28.0	5.3		32.0		6.5		30.4		6.6		7.2		-4.2
* Figures for October 2022 are Quick Estimates.
Note: Indices for the months of Jul’22 and Sep’22 incorporate updated production data.
#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020

 

STATEMENT IV:  MONTHLY INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)
(Base: 2011-12=100)
Ind	Description	Weight	Nov-21	Dec-21	Jan-22	Feb-22	Mar-22	Apr-22	May-22	Jun-22	Jul-22	Aug-22	Sep-22	Oct-22
code
10	Manufacture of food products	5.3025	130.1	151.8	145.1	139.9	150.5	132.7	122.7	117.0	113.2	116.9	114.7	113.9
11	Manufacture of beverages	1.0354	85.2	92.0	91.5	94.4	116.1	118.2	126.2	119.5	102.0	92.1	95.8	89.2
12	Manufacture of tobacco products	0.7985	96.5	101.8	108.2	79.9	107.3	85.4	87.9	113.0	72.2	75.7	94.9	81.4
13	Manufacture of textiles	3.2913	117.9	124.9	122.6	113.0	118.5	114.1	111.5	107.8	107.2	105.5	104.5	102.3
14	Manufacture of wearing apparel	1.3225	133.8	161.8	154.7	155.0	191.7	129.4	142.4	156.9	134.4	118.0	124.5	102.9
15	Manufacture of leather and related products	0.5021	94.9	111.6	101.6	103.2	113.8	106.4	99.0	95.9	99.2	90.1	91.1	78.1
16	Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	0.1930	104.3	115.2	106.0	112.5	118.2	106.2	113.1	112.0	111.2	106.2	105.8	96.5
17	Manufacture of paper and paper products	0.8724	79.7	81.4	82.1	78.8	86.1	86.4	86.3	82.6	84.9	83.1	81.7	78.8
18	Printing and reproduction of recorded media	0.6798	72.1	87.4	80.7	76.6	88.3	84.2	88.5	99.7	96.6	88.2	90.4	84.1
19	Manufacture of coke and refined petroleum products	11.7749	129.0	129.6	130.4	120.3	139.2	131.1	134.4	129.3	126.4	119.5	119.0	122.7
20	Manufacture of chemicals and chemical products	7.8730	118.1	125.9	124.9	115.3	121.1	123.3	135.6	133.5	137.2	132.1	132.3	122.9
21	Manufacture of pharmaceuticals, medicinal chemical and botanical products	4.9810	227.2	237.5	223.3	186.3	201.0	191.1	188.0	216.5	217.9	191.4	202.5	186.1
22	Manufacture of rubber and plastics products	2.4222	97.6	102.7	105.2	100.9	109.0	104.9	105.1	105.1	106.2	103.6	105.4	101.5
23	Manufacture of other non-metallic mineral products	4.0853	109.1	133.0	141.5	134.0	154.3	137.0	134.4	142.6	126.9	123.6	126.9	124.6
24	Manufacture of basic metals	12.8043	175.7	185.4	191.6	180.0	199.2	180.1	186.2	175.2	182.6	184.7	184.7	190.1
25	Manufacture of fabricated metal products, except machinery and equipment	2.6549	80.2	95.8	88.5	91.0	97.9	77.9	83.2	91.1	86.6	87.4	104.3	94.7
26	Manufacture of computer, electronic and optical products	1.5704	125.6	188.4	186.0	139.8	186.5	126.7	122.5	180.6	142.2	144.5	163.1	133.2
27	Manufacture of electrical equipment	2.9983	106.3	109.9	93.5	90.3	94.3	91.5	98.3	93.5	99.4	92.0	99.6	84.6
28	Manufacture of machinery and equipment n.e.c.	4.7653	91.0	104.3	101.8	103.1	128.0	99.5	105.9	115.5	113.6	112.3	120.8	96.6
29	Manufacture of motor vehicles, trailers and semi-trailers	4.8573	93.3	97.7	104.8	107.8	115.0	108.8	110.9	115.2	119.2	115.7	117.1	110.3
30	Manufacture of other transport equipment	1.7763	106.1	108.9	121.6	111.1	127.0	107.1	118.3	140.8	126.7	134.8	154.6	130.2
31	Manufacture of furniture	0.1311	180.0	215.4	190.4	198.4	232.4	203.9	205.8	208.2	213.1	239.3	225.6	196.3
32	Other manufacturing	0.9415	67.4	103.5	92.3	95.4	126.1	91.9	79.6	95.7	90.5	101.3	111.2	79.5
5	Mining	14.3725	111.8	120.4	124.9	123.3	144.4	116.6	120.4	113.7	101.1	99.6	100.0	112.5
10-32	Manufacturing	77.6332	128.9	139.8	139.2	129.9	145.3	131.6	134.6	136.8	135.0	131.3	134.8	128.7
35	Electricity	7.9943	147.9	162.5	165.6	160.8	191.0	194.5	199.9	196.9	188.9	191.3	187.4	169.3
	General Index	100.0	128.0	138.8	139.3	131.4	148.8	134.5	137.8	138.3	134.4	131.5	134.0	129.6
Note: The figures for Aug’22, Sep’22 and Oct’22 are provisional

The Indices are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020