Press
Information Bureau
Government of India Ministry of Statistics & Programme Implementation
12-December-2012
11:04 IST
Quick
Estimates of Index Of Industrial Production and Use-Based Index for the Month
of October, 2012 (BASE 2004-05=100)
The Quick Estimates
of Index of Industrial Production (IIP) with base 2004-05 for the month of
October 2012 have been released by the Central Statistics Office of
the Ministry of Statistics and Programme Implementation.
IIP is compiled using data received from 16 source agencies
viz. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of
Mines; Central Electricity Authority; Joint Plant Committee;
Ministry of Petroleum & Natural Gas; Office of Textile Commissioner;
Department of Chemicals & Petrochemicals; Directorate of Sugar;
Department of Fertilizers; Directorate of Vanaspati, Vegetable Oils &
Fats; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board;
Office of SaltCommissioner and Coffee Board.
2. The General Index for the month of
October 2012 stands at 171.3, which is 8.2% higher as compared to the level in
the month of October 2011. The cumulative growth for the periodApril-October
2012-13 over the corresponding period of the previous year stands
at 1.2%.
3. The Indices
of Industrial Production for the Mining, Manufacturing and Electricity sectors
for the month of October 2012 stand at 122.5, 181.9
and 160.5 respectively, with thecorresponding growth rates of (-)
0.1%, 9.6% and 5.5% as compared to October 2011 (Statement I). The cumulative
growth in the three sectors during April-October 2012-13 over the corresponding
period of 2011-12 has been (-) 0.7%, 1.0% and 4.7% respectively.
4. In terms
of industries, seventeen (17) out of the twenty two (22) industry groups
(as per 2-digit NIC-2004) in the manufacturing sector have shown positive growth during the month of
October 2012 as compared to the corresponding month of the previous year (Statement
II). The industry group ‘Electrical machinery & apparatus n.e.c.’
has shown the highest growth of 27.4%, followed by 25.9% in
‘Motor vehicles, trailers & semi-trailers’ and 22.2% in ‘Coke, refined petroleum products
& nuclear fuel’. On the other hand, the industry group
‘Tobaccoproducts’ has shown a negative growth of 8.7% followed
by 6.4% in ‘Office, accounting and computing machinery’ and 6.1% in
‘Wood and products of wood & cork except furniture;articles
of straw & plating materials’.
5. As per Use-based
classification, the growth rates in October 2012 over October
2011 are 4.1% in Basic goods, 7.5% in Capital goods and 9.4%
in Intermediate goods (Statement III). The Consumer durables and
Consumer non-durables have recorded growth of 16.5% and 10.1% respectively,
with the overall growth in Consumer goods being 13.2%.
6. Some of
the important items showing high positive growth during the current month over the same month
in previous year include ‘Telephone Instruments including Mobile
Phones and Accessories’ (20.0%), ‘Passenger Cars’ (37.4%), ‘Diesel, High Speed’
(24.3%), ‘Conductor, Aluminium’ (54.9%), ‘Cable, Rubber Insulated’
(29.0%), ‘Carbon Steel’ (23.3%), ‘Sugar (including sugar cubes)’ (95.5%),
‘Cotton Cloth’ (21.7%), ‘Gas, Liquefied Petroleum’ (21.5%), ‘Petrol (Motor
Spirit)’ (24.7%), ‘Rice’ (24.7%) and ‘Cashew Kernels’ (26.8%).
7. Some of
the other important items showing high negative growth are:
‘Razor blades/safety blades’ [(-) 28.1%], ‘Ship Building &
Repairs’ [(-)
44.1%], ‘Grinding wheels’ [(-) 37.6%], ‘Fruit Pulp’ [(-) 54.6%] and ‘Colour TV
Picture Tubes’ [(-) 62.7%].
8. Along with
the Q.E. of IIP for the month of October 2012, the indices
for September 2012 have undergone the first revision and those
for July 2012 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 September 2012 shall undergo final (second)
revision along with the release of IIP for the month of December
2012.
9. 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 themonth of October 2012, along with the growth rates over the corresponding month
of previous year, including the cumulative indices
and growth rates, are enclosed.
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