Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of February, 2016 (Base 2004-05=100)
Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of February, 2016
(Base 2004-05=100)
This Press Release
is embargoed against publication, telecast or circulation on internet till 5.30
PM 12th April, 2016.
The Quick Estimates of Index of Industrial Production (IIP)
with base 2004-05 for the month of February 2016 have been released by the
Central Statistics Office of the Ministry of Statistics and Programme
Implementation. IIP is compiled using data received from 15 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; (xiv) Office of Salt Commissioner;
and (xv) Coffee Board.
2. The General Index for
the month of February 2016 stands at 184.6, which is 2.0 percent higher as
compared to the level in the month of February 2015. The cumulative growth for
the period April-February 2015-16 over the corresponding period of the previous
year stands at 2.6 percent.
3. The Indices of
Industrial Production for the Mining, Manufacturing and Electricity sectors for
the month of February 2016 stand at 136.1, 194.1 and 181.9 respectively, with
the corresponding growth rates of 5.0 percent, 0.7 percent and 9.6 percent as
compared to February 2015 (Statement I). The cumulative growth in these three
sectors during April-February 2015-16 over the corresponding period of 2014-15
has been 2.4 percent, 2.3 percent and 5.1 percent respectively.
4. In terms of industries,
sixteen out of the twenty two industry groups ( as per 2-digit NIC-2004) in the
manufacturing sector h ave shown positive growth during the month of February
2016 as compared to the corresponding month of the previous year (St atement
II). The industry group ‘Office, accounting & computing machinery’ has
shown the highest positive growth of 37.9 percent, followed by 27.9 percent in
‘Furniture; manufacturing n.e.c.’ and 20.4 percent in ‘Medical, precision &
optical instruments, watches and clocks’. On the other hand, the industry group
‘Electrical machinery & apparatus n.e.c.’ has shown the highest negative
growth of (-) 47.1 percent, followed by (-) 8.5 percent in ‘Wearing apparel;
dressing and dyeing of fur’ and (-) 7.9 percent in ‘Publishing, printing &
reproduction of recorded media’.
5. As per Use-based
classification, the growth rates in February 2016 over February 2015 are 5.4
percent in Basic goods, (-) 9.8 percent in Capital goods and 5.7 percent in
Intermediate goods (Statement III). The Consumer durables and Consumer
non-durables have recorded growth of 9.7 percent and (-) 4.2 percent
respectively, with the overall growth in Consumer goods being 0.8 percent.
6. Some important items
showing high positive growth include ‘Wood Furniture’ (78.7%), ‘Plastic
Machinery including Moulding Machinery’ (70.7%), ‘Woollen Carpets’ (44.9%),
‘Boilers’ (35.1%), ‘Gems and Jewellery’ (33.1%), ‘Aluminium wires &
extrusions’ (28.6%), ‘Aluminium Conductor’ (23.5%), ‘Telephone Instruments including
Mobile Phone and Accessories’ (20.9%) and ‘Steel Structures’ (20.6%).
7. Some important items
that have registered high negative growth during the current month over the
same month in previous year include ‘Cable, Rubber Insulated’ [(-) 90.7%], ‘Aluminium
Foils’ [(-) 68.7%], ‘Polythene Bags including HDPE & LDPE Bags’ [(-)
47.5%], ‘H. R. Sheets’ [(-) 43.0%], ‘Vitamins’ [(-) 23.3%], ‘Aerated Waters
& Soft Drinks’ [(-) 23.1%], ‘Stainless/ alloy steel’ [(-)
22.0%] and ‘Rice’ [(-) 20.9%].
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
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Weights (%)
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Contribution
|
|
High Positive Contributors
|
||
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Electricity
|
10.32
|
0.9062
|
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Mineral index
|
14.16
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0.5084
|
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Gems And Jewellery
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1.77
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0.5009
|
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Cement All Kinds
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2.41
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0.3856
|
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Commercial Vehicles
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1.93
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0.3644
|
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High Negative Contributors
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||
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Cable, Rubber Insulated
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0.12
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-3.0234
|
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Stainless/ alloy steel
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0.64
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-0.3781
|
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Apparels
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2.03
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-0.2357
|
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sugar(including sugar cubes)
|
1.52
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-0.1836
|
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Antibiotics & It's Preparations
|
2.38
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-0.1699
|
9. Along with the Quick Estimates of IIP for the month
of February 2016, the indices for January 2016 have undergone the first
revision and those for November 2015 have undergone the final revision in the
light of the updated data received from the source agencies. It may be noted
that these revised indices (first revision) in respect of January 2016 may
undergo final (second) revision along with the release of IIP for the month of
April 2016.
10. Statements giving
Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit
level of National Industrial Classification (NIC-2004) and by Use-based
classification for the month of February 2016, along with the growth rates over
the corresponding month of the previous year including the cumulative indices
are enclosed.
 |
|
STATEMENT
I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL
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(Base
: 2004-05=100)
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Month
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Mining
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Manufacturing
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Electricity
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General
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||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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(141.57)
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(755.27)
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(103.16)
|
(1000.00)
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|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2014-15
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2015-16
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2014-15
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2015-16
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2014-15
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2015-16
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2014-15
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2015-16
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|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Apr
|
122.6
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121.9
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181.4
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188.5
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178.1
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177.2
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172.7
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177.9
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May
|
125.3
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127.9
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183.5
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187.3
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183.9
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195.0
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175.3
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179.7
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Jun
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122.1
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121.6
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180.1
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189.5
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181.6
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183.7
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172.0
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179.3
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Jul
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116.2
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117.7
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182.2
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190.9
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183.8
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190.3
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173.0
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180.5
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Aug
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115.0
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120.2
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173.4
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184.8
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184.1
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194.4
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166.2
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176.6
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Sep
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115.3
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119.3
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181.9
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186.9
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175.6
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195.7
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171.8
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178.2
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Oct
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124.2
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130.8
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170.0
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188.1
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184.9
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201.6
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165.1
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181.4
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Nov
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128.6
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130.8
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179.9
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171.7
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174.3
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175.6
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172.1
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166.3
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Dec
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133.6
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137.2
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196.8
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192.5
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177.6
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183.2
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185.9
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183.7
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Jan
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136.7
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138.8
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200.7
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195.1
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176.7
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188.3
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189.2
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186.4
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Feb*
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129.6
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136.1
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192.7
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194.1
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166.0
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181.9
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181.0
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184.6
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Mar
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149.0
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210.3
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176.4
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198.1
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Average
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Apr-Feb
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124.5
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127.5
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183.9
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188.1
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178.8
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187.9
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174.9
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179.5
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Growth over the
corresponding period of previous year
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Feb*
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1.6
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5.0
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5.1
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0.7
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5.9
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9.6
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4.8
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2.0
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Apr-Feb
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1.5
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2.4
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2.3
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2.3
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9.1
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5.1
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2.8
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2.6
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*
Indices for Feb 2016 are Quick Estimates.
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NOTE
: Indices for the months of Nov'15 and Jan'16 incorporate updated production
data.
*********
Consumer Price Index Numbers on Base 2012=100 for Rural,
Urban and Combined for the Month of March 2016
This Press Release
is embargoed against publication, telecast or circulation on internet till 5.30
pm today i.e. 12th April 2016.
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has revised the Base Year of the
Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the
release of indices for the month of January 2015.
2.
In this press note, the CPI (Rural, Urban, Combined)
on Base 2012=100 is being released for the month of March 2016. In
addition to this, Consumer Food Price Index (CFPI) for all India Rural, Urban
and Combined are also being released for March 2016. All India Inflation rates
(on point to point basis i.e. current month over same month of last year,
i.e., March
2016
over March 2015), based on
General Indices and CFPIs are given as follows:
All
India Inflation rates (%) based on CPI (General) and CFPI
Notes:
Prov. – Provisional, Combd. - Combined
3.
Monthly changes in the General Indices and CFPIs are given below:
Monthly
changes (%) in All India CPI (General) and CFPI: Mar. 2016 over Feb. 2016
Note:
Figures of March 2016 are provisional.
4.
Provisional indices for the month of March 2016 and also
the final indices for February 2016 are being released with this note for
all-India and for State/UTs. All-India provisional General (all- groups), Group
and Sub-group level CPI and CFPI numbers for March 2016 for Rural, Urban and
Combined are given in Annexure I. The inflation rates of important categories
of items are given in Annexure II. State/UT wise provisional General CPI
numbers for Rural, Urban and Combined are given in Annexure III. Inflation
rates of major States, having population more than 50 lakhs
as per population Census 2011, are given in Annexure IV. State/UT–wise Group
CPIs are available on the Ministry’s website (www.mospi.gov.in).
5.
Price data are collected from selected towns by the Field Operations Division
of NSSO and from selected villages by the Department of Posts. Price data are
received through web portals, maintained by the National Informatics Centre.
Next date of release: 12th May 2016 (Thursday)
for April 2016
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