Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of May, 2020 (Base 2011-12=100)
The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, who in turn receive the data from the producing factories/ establishments.
2. In view of the preventive measures and announcement of nation-wide lockdown by the Government to contain spread of COVID-19 pandemic, majority of the industrial sector establishments were not operating from the end of March, 2020 onwards. This has had an impact on the items being produced by the establishments during the period of lockdown and the subsequent periods of conditional relaxations in restrictions. The Index for the month of May 2020 stands at 88.4 as compared to 53.6 for April 2020, indicating a graded pickup in industrial activity in the economy.
3. The number of units responding has improved in May 2020 as compared to the earlier months of lockdown. The weighted response rate at time of QE of April 2020 was 87 percent which is now revised upwards to 91 percent at first revision.
4. For the month of May 2020, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 88.4. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2020 stand at 87.0, 82.4 and 149.6 respectively (Statement I). The Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.
5. As per Use-based classification, the indices stand at 105.5 for Primary Goods, 37.1 for Capital Goods, 77.6 for Intermediate Goods and 84.1 for Infrastructure/ Construction Goods (Statement III) for the month of May 2020. Further, the indices for Consumer durables and Consumer non-durables stand at 42.2 and 132.3 respectively for the month of May 2020.
6. Statements giving Quick Estimates of the Index of Industrial Production for the month of May 2020 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. As mentioned in the Press Release for the IIP for April, 2020, it may not be appropriate to compare the IIP for May 2020 with those of months preceding the COVID 2019 pandemic.
7. Along with the Quick Estimates of IIP for the month of May 2020, the indices for April 2020 have undergone the first revision and those for February 2020 have undergone the final revision in the light of the updated data received from the source agencies. The Quick Estimates for May 2020 have been compiled at a weighted response rate of 86 percent, the first revision for April 2020 at a weighted response rate of 91 percent and the final revision for February, 2020 at a weighted response rate of 92 percent.
8. Release of the Index for June 2020 will be on Tuesday, 11th August 2020.
Note: –
- This Press release information is also available at the Website of the Ministry – http://www.mospi.nic.in
- Press release in Hindi follows and shall be available at: http://mospi.nic.in/hi
| STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL | ||||||||
| (Base : 2011-12=100) | ||||||||
| Month | Mining | Manufacturing | Electricity | General | ||||
| (14.372472) | (77.63321) | (7.994318) | (100) | |||||
| 2019-20 | 2020-21 | 2019-20 | 2020-21 | 2019-20 | 2020-21 | 2019-20 | 2020-21 | |
| Apr | 107.8 | 78.7 | 126.2 | 41.5 | 162.9 | 125.5 | 126.5 | 53.6 |
| May* | 110.1 | 87.0 | 135.8 | 82.4 | 176.9 | 149.6 | 135.4 | 88.4 |
| Jun | 106.5 | 129.0 | 173.6 | 129.3 | ||||
| Jul | 100.2 | 133.7 | 170.5 | 131.8 | ||||
| Aug | 92.0 | 128.4 | 165.7 | 126.2 | ||||
| Sep | 86.4 | 126.0 | 158.7 | 122.9 | ||||
| Oct | 99.5 | 126.3 | 145.8 | 124.0 | ||||
| Nov | 112.7 | 130.6 | 139.9 | 128.8 | ||||
| Dec | 120.9 | 135.4 | 150.3 | 134.5 | ||||
| Jan | 124.3 | 137.9 | 155.6 | 137.4 | ||||
| Feb | 123.3 | 134.2 | 153.7 | 134.2 | ||||
| Mar | 130.9 | 112.2 | 146.9 | 117.7 | ||||
| Average | ||||||||
| Apr-May | 109.0 | 82.9 | 131.0 | 62.0 | 169.9 | 137.6 | 131.0 | 71.0 |
| Growth over the corresponding period of previous year | ||||||||
| May | 2.3 | # | 4.4 | # | 7.4 | # | 4.5 | # |
| Apr-May | 3.7 | # | 3.5 | # | 6.7 | # | 3.9 | # |
| * Figures for May 2020 are Quick Estimates. | ||||||||
| #In view of the circumstances mentioned in the Press Release, the indices should not be compared with that of months preceding the COVID 2019 pandemic. | ||||||||
| NOTE : Indices for the months of Feb’20 and Apr’20 incorporate updated production data. | ||||||||
| STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL) | ||||||||
| (Base: 2011-12=100) | ||||||||
| Industry | Description | Weight | Index | Cumulative Index | Percentage growth | |||
| code | May’19 | May’20* | Apr-May* | May’20* | Apr-May* | |||
| 2019-20 | 2020-21 | 2020-21 | ||||||
| 10 | Manufacture of food products | 5.3025 | 118.4 | 95.8 | 119.9 | 93.6 | # | # |
| 11 | Manufacture of beverages | 1.0354 | 135.6 | 54.8 | 129.5 | 31.2 | # | # |
| 12 | Manufacture of tobacco products | 0.7985 | 105.0 | 40.8 | 89.3 | 20.6 | # | # |
| 13 | Manufacture of textiles | 3.2913 | 115.6 | 31.5 | 117.7 | 18.7 | # | # |
| 14 | Manufacture of wearing apparel | 1.3225 | 163.5 | 97.5 | 164.3 | 52.0 | # | # |
| 15 | Manufacture of leather and related products | 0.5021 | 132.7 | 60.3 | 131.6 | 31.0 | # | # |
| 16 | Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials | 0.1930 | 109.9 | 37.4 | 107.2 | 21.4 | # | # |
| 17 | Manufacture of paper and paper products | 0.8724 | 96.1 | 47.7 | 95.0 | 35.3 | # | # |
| 18 | Printing and reproduction of recorded media | 0.6798 | 101.2 | 55.0 | 100.8 | 38.9 | # | # |
| 19 | Manufacture of coke and refined petroleum products | 11.7749 | 127.0 | 95.9 | 124.7 | 91.8 | # | # |
| 20 | Manufacture of chemicals and chemical products | 7.8730 | 118.9 | 92.6 | 117.5 | 72.4 | # | # |
| 21 | Manufacture of pharmaceuticals, medicinal chemical and botanical products | 4.9810 | 223.6 | 229.1 | 213.2 | 161.3 | # | # |
| 22 | Manufacture of rubber and plastics products | 2.4222 | 107.7 | 70.2 | 104.3 | 50.2 | # | # |
| 23 | Manufacture of other non-metallic mineral products | 4.0853 | 125.5 | 91.8 | 125.9 | 55.2 | # | # |
| 24 | Manufacture of basic metals | 12.8043 | 167.0 | 94.9 | 152.3 | 67.2 | # | # |
| 25 | Manufacture of fabricated metal products, except machinery and equipment | 2.6549 | 98.5 | 46.7 | 95.5 | 25.2 | # | # |
| 26 | Manufacture of computer, electronic and optical products | 1.5704 | 202.5 | 43.8 | 186.2 | 27.5 | # | # |
| 27 | Manufacture of electrical equipment | 2.9983 | 104.5 | 30.4 | 103.1 | 18.1 | # | # |
| 28 | Manufacture of machinery and equipment n.e.c. | 4.7653 | 116.3 | 43.5 | 110.7 | 26.5 | # | # |
| 29 | Manufacture of motor vehicles, trailers and semi-trailers | 4.8573 | 118.4 | 23.1 | 117.5 | 11.8 | # | # |
| 30 | Manufacture of other transport equipment | 1.7763 | 150.1 | 24.7 | 142.3 | 12.5 | # | # |
| 31 | Manufacture of furniture | 0.1311 | 194.1 | 103.1 | 189.6 | 52.2 | # | # |
| 32 | Other manufacturing | 0.9415 | 86.4 | 30.1 | 89.2 | 20.5 | # | # |
| 05 | Mining | 14.3725 | 110.1 | 87.0 | 109.0 | 82.9 | # | # |
| 10-32 | Manufacturing | 77.6332 | 135.8 | 82.4 | 131.0 | 62.0 | # | # |
| 35 | Electricity | 7.9943 | 176.9 | 149.6 | 169.9 | 137.6 | # | # |
| General Index | 100.00 | 135.4 | 88.4 | 131.0 | 71.0 | # | # | |
| * Figures for May 2020 are Quick Estimates. | ||||||||
| #In view of the circumstances mentioned in the Press Release, the indices should not be compared with that of months preceding the COVID 2019 pandemic. | ||||||||
| 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) | ||||||
| 2019-20 | 2020-21 | 2019-20 | 2020-21 | 2019-20 | 2020-21 | 2019-20 | 2020-21 | 2019-20 | 2020-21 | 2019-20 | 2020-21 | |
| Apr | 125.8 | 92.3 | 96.2 | 7.1 | 123.7 | 42.8 | 135.0 | 20.6 | 127.1 | 5.1 | 140.0 | 71.8 |
| May* | 131.9 | 105.5 | 103.9 | 37.1 | 138.8 | 77.6 | 145.0 | 84.1 | 133.8 | 42.2 | 149.8 | 132.3 |
| Jun | 127.8 | 101.9 | 136.5 | 140.6 | 120.0 | 138.0 | ||||||
| Jul | 128.1 | 91.8 | 140.4 | 140.1 | 130.3 | 146.6 | ||||||
| Aug | 121.9 | 88.7 | 135.9 | 130.7 | 122.0 | 144.4 | ||||||
| Sep | 113.8 | 91.4 | 134.1 | 127.6 | 122.5 | 144.0 | ||||||
| Oct | 121.7 | 88.5 | 136.4 | 129.9 | 113.3 | 138.6 | ||||||
| Nov | 124.5 | 91.1 | 140.9 | 134.5 | 116.7 | 150.2 | ||||||
| Dec | 129.6 | 93.7 | 146.9 | 146.4 | 117.3 | 158.1 | ||||||
| Jan | 133.4 | 102.4 | 146.8 | 146.7 | 124.0 | 158.3 | ||||||
| Feb | 131.0 | 97.4 | 145.8 | 145.0 | 117.3 | 153.4 | ||||||
| Mar | 134.3 | 73.2 | 125.9 | 116.2 | 83.6 | 124.9 | ||||||
| Average | ||||||||||||
| Apr-May | 128.9 | 98.9 | 100.1 | 22.1 | 131.3 | 60.2 | 140.0 | 52.4 | 130.5 | 23.7 | 144.9 | 102.1 |
| Growth over the corresponding period of previous year | ||||||||||||
| May | 2.2 | # | -2.1 | # | 12.5 | # | 3.0 | # | 0.2 | # | 8.1 | # |
| Apr-May | 3.6 | # | -1.8 | # | 7.8 | # | 1.2 | # | 1.2 | # | 6.8 | # |
| * Figures for May 2020 are Quick Estimates. | ||||||||||||
| #In view of the circumstances mentioned in the Press Release, the indices should not be compared with that of months preceding the COVID 2019 pandemic. | ||||||||||||
| NOTE : Indices for the months of Feb’20 and Apr’20 incorporate updated production data. | ||||||||||||
