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
Weights (%)
Contribution
High Positive Contributors
Electricity
10.32
0.9062
Mineral index
14.16
0.5084
Gems And Jewellery
1.77
0.5009
Cement All Kinds
2.41
0.3856
Commercial Vehicles
1.93
0.3644
High Negative Contributors
Cable, Rubber Insulated
0.12
-3.0234
Stainless/ alloy steel
0.64
-0.3781
Apparels
2.03
-0.2357
sugar(including sugar cubes)
1.52
-0.1836
Antibiotics & It's Preparations
2.38
-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
(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
130.8
170.0
188.1
184.9
201.6
165.1
181.4
Nov
128.6
130.8
179.9
171.7
174.3
175.6
172.1
166.3
Dec
133.6
137.2
196.8
192.5
177.6
183.2
185.9
183.7
Jan
136.7
138.8
200.7
195.1
176.7
188.3
189.2
186.4
Feb*
129.6
136.1
192.7
194.1
166.0
181.9
181.0
184.6
Mar
149.0

210.3

176.4

198.1

Average

















Apr-Feb
124.5
127.5
183.9
188.1
178.8
187.9
174.9
179.5









Growth over the corresponding period of previous year 













Feb*
1.6
5.0
5.1
0.7
5.9
9.6
4.8
2.0









Apr-Feb
1.5
2.4
2.3
2.3
9.1
5.1
2.8
2.6









* Indices for Feb 2016 are Quick Estimates.
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
Indices
 March 2016 (Prov.)
February 2016 (Final)
March 2015 (Final)
Rural
Urban
Combd.
Rural
Urban
Combd.
Rural
Urban
Combd.
CPI (General)
5.70
3.95
4.83
6.05
4.30
5.26
5.67
4.75
5.25
CFPI
5.79
3.98
5.21
5.96
4.23
5.30
5.78
6.76
6.14
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
Indices
Rural
Urban
Combined
Index Value
% Change
Index Value
% Change
Index Value
% Change
Mar.16
Feb.16
Mar.16
Feb.16
Mar.16
Feb.16
CPI (General)
128.0
127.9
0.08
123.8
123.8
0.00
126.0
126.0
0.00
CFPI
129.8
129.8
0.00
128.0
128.2
-0.16
129.2
129.2
0.00
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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