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    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
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    Raymond Limited reports a healthy Q1 FY27 performance
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    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
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    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
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      News and Press Release

      Quick Estimates of Index of Industrial Production and use-based Index for the Month of August, 2012 (Base 2004-05=100)

      October 12, 2012

      Contents
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      Press Information Bureau

      Government of India

      Ministry of Statistics & Programme Implementation

      12-October-2012 11:01 IST

      The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of August 2012 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received form 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 Salt Commissioner and Coffee Board.

      2. The General Index for the month of August 2012 stands at 165.7, which is 2.7% higher as compared to the level in the month of August 2011. The cumulative growth for the period April-August 2012-13 over the corresponding period of the previous year stands at 0.4%.

      3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2012 stand at 117.3, 176.6 and 152.2 respectively, with the corresponding growth rates of  2.0%,  2.9% and 1.9% as compared to August 2011 (Statement I). The cumulative growth in the three sectors during April-August 2012-13 over the corresponding period of 2011-12 has been (-) 0.6%, 0.0% and 4.8% respectively.

      4. In terms of industries, thirteen (13) 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 August 2012 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Publishing, printing & reproduction of recorded media’ has shown the highest growth of 15.4%, followed by 14.5% in ‘Radio, TV and communication equipment & apparatus’ and 14.4% in ‘Medical, precision & optical instruments, watches and clocks’. On the other hand, the industry group ‘Office, accounting and computing machinery’  has shown a negative growth of 13.1% followed by 9.5% in ‘Motor vehicles, trailers & semi-trailers’ and 7.6% in ‘Other transport equipment’.

      5. As per Use-based classification, the growth rates in August 2012 over August 2011 are 2.8% in Basic goods, (-) 1.7% in Capital goods and 1.9% in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 4.0% and 5.8% respectively, with the overall growth in Consumer goods being 5.0%.

      6. Some of the important items showing high positive growth are: ‘Telephone Instruments Including Mobile Phones & Accessories’ (18.0%), ‘Antibiotics & its Preparations’ (43.0%), ‘Carbon Steel’ (51.5%), ‘Conductor, Aluminium’ (68.3%), ‘Air Conditioner (Room)’ (76.9%), ‘Tea’ (20.1%), ‘Boilers’ (21.9%), ‘CR Sheets’ (24.9%), ‘Plastic Machinery Incl. Moulding Machinery’ (36.5%), ‘Mancozab’ (282.1%) and ‘Aerated Waters & Soft Drinks’ (55.5%).

      7. Some of the other important items showing high negative growth during the current month over the same month in previous year include ‘Cable, Rubber Insulated’ [(-) 64.1%], ‘Passenger Cars’ [(-) 17.5%], ‘Sponge Iron’ [(-) 20.4%], ‘Tractors’ [(-) 20.1%], ‘Vitamins’ [(-) 36.1%], ‘Furnace Oil’ [(-) 27.4%], ‘Aviation Turbine Fuel’ [(-) 28.3%], ‘Earth Moving Machinery’ [(-) 19.6%], ‘Cigarettes’ [(-) 17.6%], ‘Ayurvedic Medicaments’ [(-) 25.2%] and ‘Fruit Pulp’ [(-) 36.3%].

      8. Along with the Q.E. of IIP for the month of August 2012, the indices for July 2012 have undergone the first revision and those for May 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 July 2012 shall undergo final (second) revision along with the release of IIP for the month of October 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 the month of August 2012, along with the growth rates over the corresponding month of 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)

      2011-2012

      2012-2013

      2011-2012

      2012-2013

      2011-2012

      2012-2013

      2011-2012

      2012-2013

      Apr

      128.4

      124.8

      176.1

      173.0

      146.0

      152.7

      166.2

      164.1

      May

      130.9

      130.0

      174.5

      179.0

      153.3

      162.3

      166.2

      170.3

      Jun

      123.5

      123.8

      184.0

      178.3

      144.3

      157.0

      171.4

      168.4

      Jul

      124.1

      122.1

      177.4

      176.7

      152.1

      156.3

      167.2

      166.9

      Aug*

      115.0

      117.3

      171.7

      176.6

      149.4

      152.2

      161.4

      165.7

      Sep

      108.8

      177.4

      144.1

      164.3

      Oct

      122.6

      165.9

      152.1

      158.3

      Nov

      128.8

      177.8

      145.6

      167.5

      Dec

      136.8

      192.6

      149.8

      180.3

      Jan

      138.0

      188.6

      151.1

      177.6

      Feb

      135.0

      186.8

      145.1

      175.2

      Mar

      149.6

      198.7

      158.6

      187.6

      Average

      Apr-Aug

      124.4

      123.6

      176.7

      176.7

      149.0

      156.1

      166.5

      167.1

      Growth over the corresponding period of previous year

      Aug

      -5.5

      2

      3.9

      2.9

      9.5

      1.9

      3.4

      2.7

      Apr-Aug

      -0.5

      -0.6

      6.0

      0.0

      9.5

      4.8

      5.6

      0.4

      * Indices for Aug 2012 are Quick Estimates.

      NOTE : Indices for the months of May'12 and Jul'12 incorporate updated production data.

      STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)

      (Base: 2004-05=100)

      Industry code*

      Description

      Weight

      Index

      Cumulative Index

      Percentage growth

      Aug'11

      Aug'12

      Apr-Aug

      Aug'12

      Apr-Aug

      2011-12

      2012-13

      2012-13

      15

      Food products and beverages

      72.76

      114.0

      123.6

      143.7

      143.6

      8.4

      -0.1

      16

      Tobacco products

      15.70

      90.2

      85.6

      104.9

      98.6

      -5.1

      -6.0

      17

      Textiles

      61.64

      139.2

      144.2

      131.9

      141.9

      3.6

      7.6

      18

      Wearing apparel; dressing and dyeing of fur

      27.82

      114.9

      126.7

      129.9

      125.3

      10.3

      -3.5

      19

      Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products

      5.82

      120.5

      118.1

      119.2

      124.1

      -2.0

      4.1

      20

      Wood and products of wood & cork except furniture; articles of straw & plating materials

      10.51

      155.7

      148.9

      152.6

      148.1

      -4.4

      -2.9

      21

      Paper and paper products

      9.99

      136.6

      141.4

      135.5

      135.4

      3.5

      -0.1

      22

      Publishing, printing & reproduction of recorded media

      10.78

      158.2

      182.5

      158.0

      181.2

      15.4

      14.7

      23

      Coke, refined petroleum products & nuclear fuel

      67.15

      126.7

      134.2

      125.9

      130.3

      5.9

      3.5

      24

      Chemicals and chemical products

      100.59

      122.5

      130.5

      123.3

      125.2

      6.5

      1.5

      25

      Rubber and plastics products

      20.25

      175.5

      178.6

      183.3

      189.7

      1.8

      3.5

      26

      Other non-metallic mineral products

      43.14

      151.9

      144.4

      152.9

      157.8

      -4.9

      3.2

      27

      Basic metals

      113.35

      190.6

      196.7

      190.7

      193.4

      3.2

      1.4

      28

      Fabricated metal products, except machinery & equipment

      30.85

      186.3

      192.4

      180.1

      184.0

      3.3

      2.2

      29

      Machinery and equipment n.e.c.

      37.63

      217.1

      228.1

      230.6

      242.4

      5.1

      5.1

      30

      Office, accounting & computing machinery

      3.05

      116.4

      101.1

      137.6

      129.8

      -13.1

      -5.7

      31

      Electrical machinery & apparatus n.e.c.

      19.80

      380.5

      370.5

      456.8

      307.3

      -2.6

      -32.7

      32

      Radio, TV and communication equipment & apparatus

      9.89

      972.4

      1113.0

      896.3

      1024.4

      14.5

      14.3

      33

      Medical, precision & optical instruments, watches and clocks

      5.67

      97.3

      111.3

      97.9

      110.2

      14.4

      12.6

      34

      Motor vehicles, trailers & semi-trailers

      40.64

      243.2

      220.0

      245.3

      237.9

      -9.5

      -3.0

      35

      Other transport equipment

      18.25

      235.9

      217.9

      227.0

      223.0

      -7.6

      -1.8

      36

      Furniture; manufacturing n.e.c.

      29.97

      136.9

      133.9

      143.0

      132.0

      -2.2

      -7.7

      10

      Mining & Quarrying

      141.57

      115.0

      117.3

      124.4

      123.6

      2.0

      -0.6

      15-36

      Manufacturing

      755.27

      171.7

      176.6

      176.7

      176.7

      2.9

      0.0

      40

      Electricity

      103.16

      149.4

      152.2

      149.0

      156.1

      1.9

      4.8

      General Index

      1000

      161.4

      165.7

      166.5

      167.1

      2.7

      0.4

      *Industry codes are as per National Industrial Classification 2004

      STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED

      (Base : 2004-05=100)

      Basic goods

      Capital goods

      Intermediate goods

      Consumer goods

      Consumer durables

      Consumer non-durables

      Month

      (456.82)

      (88.25)

      (156.86)

      (298.08)

      (84.60)

      (213.47)

      2011-2012

      2012-2013

      2011-2012

      2012-2013

      2011-2012

      2012-2013

      2011-2012

      2012-2013

      2011-2012

      2012-2013

      2011-2012

      2012-2013

      Apr

      145.2

      148.0

      264.8

      207.9

      144.4

      141.8

      180.8

      187.5

      290.5

      306.2

      137.3

      140.5

      May

      149.4

      155.9

      248.6

      227.3

      143.7

      148.6

      179.3

      187.1

      282.6

      310.1

      138.4

      138.3

      Jun

      145.9

      152.0

      325.2

      233.7

      144.1

      145.0

      179.1

      186.4

      281.7

      307.6

      138.4

      138.3

      Jul

      149.1

      150.6

      248.5

      237.2

      146.2

      144.5

      182.0

      182.9

      304.6

      306.5

      133.5

      133.9

      Aug*

      144.7

      148.7

      261.6

      257.1

      142.6

      145.3

      167.2

      175.5

      278.0

      289.0

      123.3

      130.5

      Sep

      140.2

      286.8

      139.7

      177.8

      308.4

      126.0

      Oct

      147.3

      225.4

      133.8

      168.4

      288.1

      121.0

      Nov

      148.0

      257.3

      141.4

      184.7

      297.8

      139.9

      Dec

      156.6

      263.5

      149.7

      208.0

      298.0

      172.3

      Jan

      156.9

      256.8

      146.5

      202.2

      287.4

      168.4

      Feb

      152.9

      261.8

      145.4

      199.2

      297.5

      160.2

      Mar

      163.3

      313.2

      155.1

      204.7

      327.1

      156.2

      Average

      Apr-Aug

      146.9

      151.0

      269.7

      232.6

      144.2

      145.0

      177.7

      183.9

      287.5

      303.9

      134.2

      136.3

      Growth over the corresponding period of previous year

      Aug

      5.8

      2.8

      4.0

      -1.7

      -1.0

      1.9

      2.1

      5.0

      5.5

      4.0

      -0.7

      5.8

      Apr-Aug

      7.6

      2.8

      7.3

      -13.8

      0.8

      0.6

      4.4

      3.5

      4.5

      5.7

      4.3

      1.6

      * Indices for Aug 2012 are Quick Estimates.

      NOTE : Indices for the months of May'12 and Jul'12 incorporate updated production data.

      Topics

      ActsIncome Tax