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Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of December, 2015 (Base 2004-05=100)



Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of December, 2015 (Base 2004-05=100) 

EMBARGO ADVISORY: This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 PM 12th February, 2016.


The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of December 2015 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. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant Committee, Ministry of Steel; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner; Department of Chemicals & Petrochemicals; Directorate of Sugar & Vegetable Oils; Department of Fertilizers; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board; Office of Salt Commissioner and Coffee Board.

2. The General Index for the month of December 2015 stands at 183.4, which is 1.3 percent lower as compared to the level in the month of December 2014. The cumulative growth for the period April-December 2015 over the corresponding period of the previous year stands at 3.1 percent.
3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of December 2015 stand at 137.5, 192.0 and 183.2 respectively, with the corresponding growth rates of 2.9 percent, (-) 2.4 percent and 3.2 percent as compared to December 2014 (Statement I). The cumulative growth in three sectors during April-December 2015 over the corresponding period of 2014 has been 2.3 percent, 3.1 percent and 4.5 percent respectively.
4. In terms of industries, ten out of the twenty two industry groups (as per 2-digit NIC-2004) in the manufacturing sector have shown negative growth during the month of December 2015 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 negative growth of (-) 44.9 percent, followed by (-) 10.7 percent in ‘Publishing, printing & reproduction of recorded media’ and (-) 8.2 percent in ‘Tobacco Products’. On the other hand, the industry group ‘Radio, TV and communication equipment & apparatus’ has shown the highest positive growth of 82.0 percent, followed by 17.5 percent in ‘Office, accounting & computing machinery’ and 16.6 percent in ‘Furniture; manufacturing n.e.c.’.
5. As per Use-based classification, the growth rates in December 2015 over December 2014 are 0.5 percent in Basic goods, (-) 19.7 percent in Capital goods and 0.9 percent in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 16.5 percent and (-) 3.2 percent respectively, with the overall growth in Consumer goods being 2.8 percent.
6. Some important items showing high negative growth during the current month over the same month in previous year include ‘Cable, Rubber Insulated’            [(-) 85.2%], ‘Heat Exchangers’ [(-) 68.8%], ‘Cement Machinery’ [(-) 60.2%], ‘Soyabean oil’ [(-) 59.0%], ‘Polythene Bags including HDPE & LDPE Bags’          [(-) 53.9%], ‘Grinding Wheels’ [(-) 37.4%], ‘Ayurvedic Medicaments’ [(-) 24.4%], ‘Boilers’ [(-) 22.7%] and ‘Sponge Iron’ [(-) 22.5%].  
7. Some other important items that have registered high positive growth include ‘Woollen Carpets’ (184.1%), ‘Telephone Instruments including Mobile Phone and Accessories’ (141.1%), ‘Di Ammonium Phosphate (DAP)’ (46.8%), ‘Transformers (small)’ (38.8%), ‘Wood Furniture’ (36.9%), ‘Paraxylene’ (32.3%), ‘Commercial Vehicles’ (28.7%), ‘Gems and Jewellery’ (27.1%), ‘PVC Pipes and Tubes’ (24.6%) and  ‘Polypropylene (including co-polymer)’ (22.2%).
8. However, growth rates in respect of individual items may not reflect their actual contribution in the overall growth rate of IIP. Taking into account the weights of different items, the overall growth rate of IIP can be decomposed into positive and negative contributions of different items. Such contributions of top five items with positive contribution and top five items with negative contribution are given below:
Item Group
Weights (%)
Contribution
High Negative Contributors
Cable, Rubber Insulated
0.12
-2.5736
sponge iron
0.99
-0.2854
Stainless/ alloy steel
0.64
-0.2197
Conductor, Aluminium
0.20
-0.1742
Heat Exchangers
0.10
-0.1655
High Positive Contributors
Telephone Instruments Including Mobile Phone And Accessories
0.22
0.7190
Commercial Vehicles
1.93
0.5224
Gems And Jewellery
1.77
0.3784
Electricity
10.32
0.3108
Mineral index
14.16
0.2971
9. Along with the Quick Estimates of IIP for the month of December 2015, the indices for November 2015 have undergone the first revision and those for September 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 November 2015 may undergo final (second) revision along with the release of IIP for the month of February 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 December 2015, along with the growth rates over the corresponding month of the previous year including the cumulative indices and growth rates are enclosed.







STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL
(Base : 2004-05=100)


















Month
Mining
Manufacturing
Electricity
General
(141.57)
(755.27)
(103.16)
(1000.00)
2014-15
2015-16
2014-15
2015-16
2014-15
2015-16
2014-15
2015-16
Apr
122.6
121.9
181.4
188.5
178.1
177.2
172.7
177.9
May
125.3
127.9
183.5
187.3
183.9
195.0
175.3
179.7
Jun
122.1
121.6
180.1
189.5
181.6
183.7
172.0
179.3
Jul
116.2
117.7
182.2
190.9
183.8
190.3
173.0
180.5
Aug
115.0
120.2
173.4
184.8
184.1
194.4
166.2
176.6
Sep
115.3
119.3
181.9
186.9
175.6
195.7
171.8
178.2
Oct
124.2
130.6
170.0
188.1
184.9
201.6
165.1
181.4
Nov
128.6
131.0
179.9
171.5
174.3
175.6
172.1
166.2
Dec*
133.6
137.5
196.8
192.0
177.6
183.2
185.9
183.4
Jan
136.7

200.7

176.7

189.2

Feb
129.6

192.7

166.0

181.0

Mar
149.0

210.3

176.4

198.1

Average

















Apr-Dec
122.5
125.3
181.0
186.6
180.4
188.5
172.7
178.1









Growth over the corresponding period of previous year













Dec*
-1.7
2.9
4.1
-2.4
4.8
3.2
3.6
-1.3









Apr-Dec
1.8
2.3
1.8
3.1
10.0
4.5
2.6
3.1









* Indices for Dec 2015 are Quick Estimates.





NOTE : Indices for the months of Sep'15 and Nov'15 incorporate updated production data.








Consumer Price Index Numbers on base 2012=100 for Rural, Urban and Combined for the Month of January 2016 
This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 pm today i.e. 12th  February 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 January 2016. In addition to this, Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined are also being released for January 2016. Inflation rates (on point to point basis i.e. January 2016 over January 2015), based on General Indices and CFPIs are given as follows:
Inflation rates based on CPI (General) and CFPI
Indices
 January 2016 (Prov.)
December 2015 (Final)
January 2015 (Final)
Rural
Urban
Combd.
Rural
Urban
Combd.
Rural
Urban
Combd.
CPI (General)
6.48
4.81
5.69
6.32
4.73
5.61
5.34
4.96
5.19
CFPI
6.93
6.50
6.85
6.41
6.31
6.40
5.78
7.05
6.14
Note: Prov.  – Provisional, Combd. - Combined
3.         Provisional indices for the month of January 2016 and also the final indices for December 2015 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 January 2016 for Rural, Urban and Combined are given in Annexure I. The General Indices (Provisional) for the month of January 2016 for Rural, Urban and Combined are 128.1, 124.2 and 126.3 respectively.  The CFPI for Rural, Urban and Combined for the same month are 131.1, 131.0 and 131.1 respectively. The inflation rates of important categories of items are given in Annexure II.
4.         State/UT-wise General provisional 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:  14th March 2016 (Monday) for February 2016                    


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