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TMI BlogQUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF AUGUST, 2014 (BASE 2004-05=100)X X X X Extracts X X X X X X X X Extracts X X X X ..... QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF AUGUST, 2014 (BASE 2004-05=100) - News and Press Release Dated:- 11-10-2014 - News - The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of August 2014 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 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 2014 stands at 166.1, which is 0.4% higher as compared to the level in the month of August 2013. The cumulative growth for the period April-August 2014-15 over the corresponding period of the previous year stands at 2.8%. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2014 stand at 116.6, 172.9 and 184.1 respectively, with the corresponding growth rates of 2.6%, (-) 1.4% and 12.9% as compared to August 2013 (Statement I). The cumulative growth in the three sectors during April-August 2014-15 over the corresponding period of 2013-14 has been 2.5%, 1.8% and 11.7% respectively. 4. In terms of industries, eleven (11) 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 2014 as compared to the corresponding month of the previous year (Statement II). The industry group Basic metals has shown the highest positive growth of 19.1%, followed by 14.3% in Other transport equipment and 10.9% in Luggage, handbags, saddlery, harness footwear; tanning and dressing of leather products . On the other hand, the industry group Radio, TV and communication equipment apparatus has shown the highest negative growth of (-) 48.8%, followed by (-) 43.9% in Office, accounting computing machinery and (-) 17.8% in Electricity machinery appar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... atus .e.c. . 5. As per Use-based classification, the growth rates in August 2014 over August 2013 are 9.6% in Basic goods, (-) 11.3% in Capital goods and 0.3% in Intermediate goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of (-) 15.0% and (-) 0.9% respectively, with the overall growth in Consumer goods being (-) 6.9%. 6. Some of the important items showing high positive growth during the current month over the same month in previous year include Stainless/ alloy steel (160.8%), Sealed compressors (121.1%), Air Conditioner (Room) (80.1%), Plastic Machinery Incl. Moulding Machinery (59.4%), Rice (56.7%), Scooter and Mopeds (32.1%), Three-Wheelers (including passenger goods carrier) (31.3%) and Fasteners (Excl. Zip-Fasteners) (25.1%). 7. Some of the other important items showing high negative growth are: Telephone Instruments (incl. Mobile Phones Accessories) [(-) 57.2%], Generator/ Alternator [(-) 51.3%], Computers [(-) 49.5%], Marble Tiles/ Slabs [(-) 44.0%], Polythene Bags Incl. HDPE LDPE Bags [(-) 42.3%], Aluminium Conductor [(-) 37.2%], Sugar Machinery [(-) 33.6%], Boilers [(-) 32.0% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ], Sugar [(-) 30.8%], Antibiotics Its Preparations [(-) 23.8%], Cable, Rubber Insulated [(-) 23.7%], Steel Structures [(-) 22.6%] and Fuel, Aviation Turbine [(-) 21.8%]. 8. Along with the Quick Estimates of IIP for the month of August 2014, the indices for July 2014 have undergone the first revision and those for May 2014 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 2014 shall undergo final (second) revision along with the release of IIP for the month of October 2014. 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 2014, 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) Mo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nth Mining Manufacturing Electricity General (141.57) (755.27) (103.16) (1000.00) 2013- 2014 2014- 2015 2013- 2014 2014- 2015 2013- 2014 2014- 2015 2013- 2014 2014- 2015 Apr 120.5 122.6 176.1 181.4 159.1 178.1 166.5 172.7 May 122.3 125.3 173.3 183.5 172.4 183.9 166.0 175.3 Jun 116.5 121.8 175.0 179.3 157.0 181.6 164.9 171.4 Jul 116.1 117.5 182.7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 180.8 164.5 183.8 171.4 172.1 Aug* 113.6 116.6 175.4 172.9 163.1 184.1 165.4 166.1 Sep 115.2 177.1 169.0 167.5 Oct 118.8 180.1 162.6 169.6 Nov 123.7 171.8 158.5 163.6 Dec 135.9 189.0 169.4 179.5 Jan 139.2 194.1 171.1 184.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Feb 127.5 183.3 156.7 172.7 Mar 147.2 204.7 173.0 193.3 Average Apr-Aug 117.8 120.8 176.5 179.6 163.2 182.3 166.8 171.5 Growth over the corresponding period of previous year ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Aug -0.9 2.6 -0.2 -1.4 7.2 12.9 0.4 0.4 Apr-Aug -3.6 2.5 -0.1 1.8 4.5 11.7 0.0 2.8 * Indices for Aug 2014 are Quick Estimates. NOTE : Indices for the months of May`14 and Jul`14 incorporate updated production data. STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL) (Base: 2004-05=100) Industry Description Weight Index Cumulative Index Percentage growth code Aug`13 Aug`14 Apr-Aug A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ug`14 Apr-Aug 2013-14 2014-15 2014-15 15 Food products and beverages 72.76 115.0 124.8 140.8 150.3 8.5 6.7 16 Tobacco products 15.70 105.3 111.2 99.4 105.8 5.6 6.4 17 Textiles 61.64 155.8 153.2 147.7 152.1 -1.7 3.0 18 Wearing apparel; dressing and dyeing of fur 27.82 158.8 142.7 177.4 162.0 -10.1 -8.7 19 Luggage, handbags, saddlery, harness footwear; tanning and dressing of leather products ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5.82 122.0 135.3 133.6 144.8 10.9 8.4 20 Wood and products of wood cork except furniture; articles of straw plating materials 10.51 145.1 151.2 143.9 145.0 4.2 0.8 21 Paper and paper products 9.99 139.1 145.2 138.5 140.9 4.4 1.7 22 Publishing, printing reproduction of recorded media 10.78 188.9 177.4 186.6 175.7 -6.1 -5.8 23 Coke, refined petroleum products nuclear fuel 67.15 149.1 142.3 142.0 138.9 -4.6 -2.2 24 Chemicals and chemical products 100.59 145.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 137.4 137.7 138.3 -5.3 0.4 25 Rubber and plastics products 20.25 175.1 184.3 183.7 189.9 5.3 3.4 26 Other non-metallic mineral products 43.14 150.7 157.6 158.4 170.9 4.6 7.9 27 Basic metals 113.35 187.6 223.4 188.0 214.1 19.1 13.9 28 Fabricated metal products, except machinery equipment 30.85 181.8 164.2 170.3 169.0 -9.7 -0.8 29 Machinery and equipment n.e.c. 37.63 178.9 188.1 205.5 217.1 5.1 5.6 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 30 Office, accounting computing machinery 3.05 112.9 63.3 109.3 64.2 -43.9 -41.3 31 Electrical machinery apparatus n.e.c. 19.80 456.4 375.3 404.5 492.7 -17.8 21.8 32 Radio, TV and communication equipment apparatus 9.89 811.2 415.7 792.7 395.9 -48.8 -50.1 33 Medical, precision optical instruments, watches and clocks 5.67 100.4 102.2 101.5 101.3 1.8 -0.2 34 Motor vehicles, trailers semi-trailers 40.64 224.6 219.9 227.1 218.2 -2.1 -3.9 35 Other ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... transport equipment 18.25 232.4 265.7 229.7 257.2 14.3 12.0 36 Furniture; manufacturing n.e.c. 29.97 104.7 104.2 111.7 112.7 -0.5 0.9 10 Mining Quarrying 141.57 113.6 116.6 117.8 120.8 2.6 2.5 15-36 Manufacturing 755.27 175.4 172.9 176.5 179.6 -1.4 1.8 40 Electricity 103.16 163.1 184.1 163.2 182.3 12.9 11.7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... General Index 1000 165.4 166.1 166.8 171.5 0.4 2.8 *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) 2013- 2014 2014- 2015 2013- 2014 2014- 2015 2013- 2014 2014- 2015 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2013- 2014 2014- 2015 2013- 2014 2014- 2015 2013- 2014 2014- 2015 Apr 150.1 163.0 207.3 235.0 145.3 149.7 190.6 181.5 276.8 255.4 156.4 152.2 May 155.5 167.1 218.8 228.0 150.2 155.5 174.7 182.7 253.5 262.7 143.5 151.0 Jun 148.4 163.2 219.6 270.7 147.3 150.9 183.1 165.4 276.1 211.5 146.2 147.1 Jul 152.1 163.4 271.3 260.8 151.0 155.5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 182.1 168.1 277.6 219.7 144.2 147.6 Aug* 150.4 164.9 245.0 217.4 152.0 152.5 171.7 159.9 257.4 218.7 137.8 136.6 Sep 153.6 232.4 148.3 179.6 271.6 143.1 Oct 153.1 247.2 150.6 182.1 295.8 137.0 Nov 153.6 235.6 144.6 167.8 235.8 140.8 Dec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 164.9 254.3 157.2 191.3 229.1 176.3 Jan 167.3 240.7 158.2 206.2 261.6 184.2 Feb 156.9 235.3 150.0 190.2 261.2 162.1 Mar 176.3 303.8 160.3 203.9 274.4 175.9 Average ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Apr-Aug 151.3 164.3 232.4 242.4 149.2 152.8 180.4 171.5 268.3 233.6 145.6 146.9 Growth over the corresponding period of previous year Aug 0.9 9.6 -2.0 -11.3 3.8 0.3 -0.9 -6.9 -8.3 -15.0 5.4 -0.9 Apr-Aug 0.3 8.6 0.7 4.3 2.4 2.4 -1.6 -4.9 -11.2 -12.9 6.8 0.9 * Indices for Aug 2014 are Quick Estimates. NOTE : Indices for the months of May`14 and Jul`14 incorporate updated production data. - News - Press release - PI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... B Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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