IndiaMinistry of Statistics & Programme Implementation

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: –

  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

 

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.

 

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