iip mar'20 press releasemospi.nic.in/sites/default/files/press_release/iip... · (0%$5*2...

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EMBARGO ADVISORY This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 PM 12 th May, 2020. 1 GOVERNMENT OF INDIA MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION NATIONAL STATISTICAL OFFICE New Delhi Dated: May 12, 2020 PRESS RELEASE QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF MARCH, 2020 (BASE 2011-12=100) The Quick Estimates of Index of Industrial Production (IIP) is released on 12 th of every month (or previous working day) with a six weeks lag and compiled with data received from source agencies, who in turn receive the data from the producing factories/establishments. In view of the global COVID-19 pandemic and consequent nationwide lockdown measures implemented since March, 2020, the data flow from the producing units was impacted. As some of these units are yet to resume operations, the response rate has been lower than usual. Consequently, the Quick Estimates are likely to undergo revision and will be incorporated in subsequent releases as per the revision policy of IIP. 2. For the month of March 2020, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 120.1.The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2020 stand at 132.7, 114.8 and 149.2 respectively (Statement I). 3. As per Use-based classification, the indices stand at 135.6 for Primary Goods, 76.4 for Capital Goods, 125.8 for Intermediate Goods and 118.4for Infrastructure/ Construction Goods (Statement III) for the month of March 2020. Further, the indices for Consumer durables and Consumer non-durables stand at 88.1 and 131.2 respectively for the month of March 2020. 4. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification for the month of March 2020, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed. Item group level information is not being disseminated. 5. Along with the Quick Estimates of IIP for the month of March 2020, the indices for February 2020 have undergone the first revision and those for December 2019 have undergone the final revision in the light of the updated data received from the source agencies. The Quick Estimates for March, 2020 have been compiled at a weighted response rate of 73 percent, the first revision for February, 2020 had a weighted response rate of 88 percent and the final revision for December, 2019 had a weighted response rate of 94 percent.

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Page 1: IIP Mar'20 Press Releasemospi.nic.in/sites/default/files/press_release/IIP... · (0%$5*2 $'9,625< 7klv 3uhvv 5hohdvh lv hpedujrhg djdlqvw sxeolfdwlrq whohfdvw ru flufxodwlrq rq lqwhuqhw

EMBARGO ADVISORY This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 PM 12th May, 2020.

1

GOVERNMENT OF INDIA MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

NATIONAL STATISTICAL OFFICE New Delhi

Dated: May 12, 2020 PRESS RELEASE

QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR

THE MONTH OF MARCH, 2020 (BASE 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) is released on 12th of every

month (or previous working day) with a six weeks lag and compiled with data received from source agencies, who in turn receive the data from the producing factories/establishments. In view of the global COVID-19 pandemic and consequent nationwide lockdown measures implemented since March, 2020, the data flow from the producing units was impacted. As some of these units are yet to resume operations, the response rate has been lower than usual. Consequently, the Quick Estimates are likely to undergo revision and will be incorporated in subsequent releases as per the revision policy of IIP.

2. For the month of March 2020, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 120.1.The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2020 stand at 132.7, 114.8 and 149.2 respectively (Statement I).

3. As per Use-based classification, the indices stand at 135.6 for Primary Goods, 76.4 for Capital Goods, 125.8 for Intermediate Goods and 118.4for Infrastructure/ Construction Goods (Statement III) for the month of March 2020. Further, the indices for Consumer durables and Consumer non-durables stand at 88.1 and 131.2 respectively for the month of March 2020.

4. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification for the month of March 2020, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed. Item group level information is not being disseminated.

5. Along with the Quick Estimates of IIP for the month of March 2020, the indices for February 2020 have undergone the first revision and those for December 2019 have undergone the final revision in the light of the updated data received from the source agencies. The Quick Estimates for March, 2020 have been compiled at a weighted response rate of 73 percent, the first revision for February, 2020 had a weighted response rate of 88 percent and the final revision for December, 2019 had a weighted response rate of 94 percent.

Page 2: IIP Mar'20 Press Releasemospi.nic.in/sites/default/files/press_release/IIP... · (0%$5*2 $'9,625< 7klv 3uhvv 5hohdvh lv hpedujrhg djdlqvw sxeolfdwlrq whohfdvw ru flufxodwlrq rq lqwhuqhw

EMBARGO ADVISORY This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 PM 12th May, 2020.

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6. Release of the Index for April 2020 will be on Friday, 12th June 2020.

Note: -

1. This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in

2. Press release in Hindi follows and shall be available at: http://mospi.nic.in/hi

Page 3: IIP Mar'20 Press Releasemospi.nic.in/sites/default/files/press_release/IIP... · (0%$5*2 $'9,625< 7klv 3uhvv 5hohdvh lv hpedujrhg djdlqvw sxeolfdwlrq whohfdvw ru flufxodwlrq rq lqwhuqhw

EMBARGO ADVISORY This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 PM 12th May, 2020.

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STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL (Base : 2011-12=100)

Month Mining Manufacturing Electricity General

(14.372472) (77.63321) (7.994318) (100) 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20

Apr 102.6 107.8 123.1 126.2 153.7 162.9 122.6 126.5 May 107.6 110.1 130.1 135.8 164.7 176.9 129.6 135.4 Jun 104.9 106.5 128.6 129.0 159.9 173.6 127.7 129.3 Jul 95.5 100.2 127.6 133.7 162.0 170.5 125.7 131.8 Aug 92.0 92.0 130.6 128.4 167.2 165.7 128.0 126.2 Sep 94.5 86.4 131.6 126.0 162.9 158.7 128.8 122.9 Oct 108.2 99.5 133.9 126.3 166.0 145.8 132.8 124.0 Nov 110.6 112.7 126.8 130.6 147.3 139.9 126.1 128.8 Dec 114.4 120.9 135.8 135.4 150.4 150.3 133.9 134.5 Jan 119.1 124.2 135.5 137.7 150.9 155.6 134.4 137.2 Feb 112.5 123.4 129.3 133.3 137.9 153.8 127.6 133.5 Mar* 132.7 132.7 144.6 114.8 160.1 149.2 144.1 120.1 Average Apr-Mar 107.9 109.7 131.5 129.8 156.9 158.6 130.1 129.2 Growth over the corresponding period of previous year Mar* 0.8 0.0 3.1 -20.6 2.2 -6.8 2.7 -16.7 Apr-Mar 2.9 1.7 3.9 -1.3 5.2 1.1 3.8 -0.7 * Figures for Mar 2020 are Quick Estimates. NOTE : Indices for the months of Dec'19 and Feb'20 incorporate updated production data.

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EMBARGO ADVISORY This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 PM 12th May, 2020.

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STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL) (Base: 2011-12=100)

Industry Description Weight Index Cumulative Index Percentage growth code Mar'19 Mar'20* Apr-Mar* Mar’20* Apr-Mar*

2018-19 2019-20 2019-20 10 Manufacture of food products 5.3025 138.8 124.2 121.3 124.6 -10.5 2.7 11 Manufacture of beverages 1.0354 121.0 113.2 109.2 108.2 -6.4 -0.9 12 Manufacture of tobacco products 0.7985 109.5 93.7 94.2 96.9 -14.4 2.9 13 Manufacture of textiles 3.2913 120.3 104.5 118.7 116.0 -13.1 -2.3 14 Manufacture of wearing apparel 1.3225 193.6 154.0 154.2 160.5 -20.5 4.1 15 Manufacture of leather and related products 0.5021 133.4 113.0 125.0 123.8 -15.3 -1.0 16 Manufacture of wood and products of wood and cork, except

furniture; manufacture of articles of straw and plaiting materials 0.1930 121.9 89.6 105.1 114.1 -26.5 8.6

17 Manufacture of paper and paper products 0.8724 99.6 71.0 104.1 91.0 -28.7 -12.6 18 Printing and reproduction of recorded media 0.6798 107.3 80.1 97.6 91.3 -25.3 -6.5 19 Manufacture of coke and refined petroleum products 11.7749 134.6 132.2 126.7 126.7 -1.8 0.0 20 Manufacture of chemicals and chemical products 7.8730 128.9 94.7 119.0 117.2 -26.5 -1.5 21 Manufacture of pharmaceuticals, medicinal chemical and

botanical products 4.9810 227.6 184.7 215.5 216.7 -18.8 0.6

22 Manufacture of rubber and plastics products 2.4222 109.1 79.5 108.0 100.2 -27.1 -7.2 23 Manufacture of other non-metallic mineral products 4.0853 140.5 108.2 123.6 121.0 -23.0 -2.1 24 Manufacture of basic metals 12.8043 177.2 144.3 143.3 158.8 -18.6 10.8 25 Manufacture of fabricated metal products, except machinery and

equipment 2.6549 112.4 75.1 106.2 90.7 -33.2 -14.6

26 Manufacture of computer, electronic and optical products 1.5704 178.0 103.8 168.7 149.7 -41.7 -11.3 27 Manufacture of electrical equipment 2.9983 108.5 74.9 110.1 105.5 -31.0 -4.2 28 Manufacture of machinery and equipment n.e.c. 4.7653 139.3 95.1 123.4 108.4 -31.7 -12.2 29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 125.6 63.3 122.7 100.0 -49.6 -18.5 30 Manufacture of other transport equipment 1.7763 122.2 108.3 145.7 136.7 -11.4 -6.2 31 Manufacture of furniture 0.1311 223.8 172.8 212.6 198.2 -22.8 -6.8 32 Other manufacturing 0.9415 114.3 63.2 92.8 81.3 -44.7 -12.4

05 Mining 14.3725 132.7 132.7 107.9 109.7 0.0 1.7 10-32 Manufacturing 77.6332 144.6 114.8 131.5 129.8 -20.6 -1.3

35 Electricity 7.9943 160.1 149.2 156.9 158.6 -6.8 1.1 General Index 100.00 144.1 120.1 130.1 129.2 -16.7 -0.7

* Figures for March 2020 are Quick Estimates.

Page 5: IIP Mar'20 Press Releasemospi.nic.in/sites/default/files/press_release/IIP... · (0%$5*2 $'9,625< 7klv 3uhvv 5hohdvh lv hpedujrhg djdlqvw sxeolfdwlrq whohfdvw ru flufxodwlrq rq lqwhuqhw

EMBARGO ADVISORY This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 PM 12th May, 2020.

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STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED (Base :2011-12=100)

Primary goods Capital goods Intermediate

goods

Infrastructure/ Construction

goods Consumer durables Consumer non-durables Month (34.048612) (8.223043) (17.221487) (12.338363) (12.839296) (15.329199)

2018-19 2019-20 2018-19 2019-20 2018-19 2019-

20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 Apr 119.7 125.8 97.6 96.2 120.1 123.7 135.9 135.0 124.4 127.1 132.8 140.0 May 129.0 131.9 106.1 103.9 123.4 138.8 140.8 145.0 133.5 133.8 138.6 149.8 Jun 127.1 127.8 109.5 101.9 121.8 136.5 142.4 140.6 133.6 120.0 128.5 138.0 Jul 123.6 128.1 98.7 91.8 121.4 140.4 136.1 140.1 133.5 130.3 135.1 146.6 Aug 120.7 121.9 112.2 88.7 126.6 135.9 138.6 130.7 135.1 122.0 140.0 144.4 Sep 120.0 113.8 115.0 91.4 125.6 134.1 137.2 127.6 136.9 122.5 145.6 144.0 Oct 129.5 121.7 114.1 88.5 125.5 136.4 143.9 129.9 139.7 113.3 143.4 138.6 Nov 124.8 124.5 100.0 91.1 120.2 140.9 135.5 134.5 118.3 116.7 148.6 150.2 Dec 126.6 129.6 114.7 93.7 129.9 146.9 146.1 146.4 124.2 117.3 163.4 158.1 Jan 131.0 133.3 107.1 102.5 127.0 147.2 147.2 143.8 128.7 123.8 159.2 158.7 Feb 121.1 131.1 107.7 97.5 118.5 141.5 141.1 141.0 125.1 117.9 153.9 156.2 Mar* 140.0 135.6 118.6 76.4 154.4 125.8 155.4 118.4 131.7 88.1 156.6 131.2 Average Apr-Mar 126.1 127.1 108.4 93.6 126.2 137.3 141.7 136.1 130.4 119.4 145.5 146.3 Growth over the corresponding period of previous year Mar* 2.6 -3.1 -9.1 -35.6 12.4 -18.5 5.1 -23.8 -3.2 -33.1 1.4 -16.2 Apr-Mar 3.5 0.8 2.7 -13.7 0.9 8.8 7.3 -4.0 5.5 -8.4 4.0 0.5 Figures for Mar 2020 are Quick Estimates. NOTE : Indices for the months of Dec'19 and Feb'20 incorporate updated production data.