Quick Estimates of Index of Industrial Production and Use-based Index (Base 1993-94=100) for the month of November, 2009.
The Quick Estimates of Index of Industrial Production (IIP) with base 1993-94 for the month of November 2009 have been released by the Central Statistical Organisation of the Ministry of Statistics and Programme Implementation. The General Index stands at 298.9, which is 11.7% higher as compared to the level in the month of November 2008. The cumulative growth for the period April-November 2009-10 stands at 7.6% over the corresponding period of the pervious year.
2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of November 2009 stand at 192.9, 322.6, and 223.5 respectively, with the corresponding growth rates of 10.0%, 12.7% and 3.3% as compared to November 2008. The cumulative growth during April-November, 2009-10 over the corresponding period of 2008-09 in the three sectors have been 8.3%, 7.7% and 6.1% respectively, which moved the overall growth in the General Index to 7.6%.
3. In terms of industries, as many as fourteen (14) out of the seventeen (17) industry groups (as per 2-digit NIC-1987) have shown positive growth during the month of November 2009 as compared to the corresponding month of the previous year. The industry group ‘Transport Equipment and Parts’ have shown the highest growth of 38.3%, followed by 28.4% in ‘Metal Products and Parts, except Machinery and Equipment’ and 19.9% in ‘Wood and Wood Products; Furniture and Fixtures’. On the other hand, the industry group ‘Jute and Other Vegetable Fibre Textiles (except cotton)’ have shown a negative growth of 11.4% followed by 4.5% in “Leather and Leather & Fur Products” and 2.6% in “Beverages, Tobacco and Related Products”.
4. As per Use-based classification, the Sectoral growth rates in November 2009 over November 2008 are 6.0% in Basic goods, 12.2% in Capital goods and 19.4% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of 37.3% and 3.1% respectively, with the overall growth in Consumer goods being 11.1%.
5. Alongwith the Quick Estimates of IIP for November 2009, the indices for October 2009 have undergone the first revision and those for August 2009 have undergone the second (final) revision in the light of the updated data received from the source agencies. (It may be noted that revised indices (first revision) in respect of September 2009 have already been released in December 2009 and these indices shall undergo final (second) revision in February 2010).
The Quick Estimates of Index of Industrial Production (IIP) with base 1993-94 for the month of November 2009 have been released by the Central Statistical Organisation of the Ministry of Statistics and Programme Implementation. The General Index stands at 298.9, which is 11.7% higher as compared to the level in the month of November 2008. The cumulative growth for the period April-November 2009-10 stands at 7.6% over the corresponding period of the pervious year.
2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of November 2009 stand at 192.9, 322.6, and 223.5 respectively, with the corresponding growth rates of 10.0%, 12.7% and 3.3% as compared to November 2008. The cumulative growth during April-November, 2009-10 over the corresponding period of 2008-09 in the three sectors have been 8.3%, 7.7% and 6.1% respectively, which moved the overall growth in the General Index to 7.6%.
3. In terms of industries, as many as fourteen (14) out of the seventeen (17) industry groups (as per 2-digit NIC-1987) have shown positive growth during the month of November 2009 as compared to the corresponding month of the previous year. The industry group ‘Transport Equipment and Parts’ have shown the highest growth of 38.3%, followed by 28.4% in ‘Metal Products and Parts, except Machinery and Equipment’ and 19.9% in ‘Wood and Wood Products; Furniture and Fixtures’. On the other hand, the industry group ‘Jute and Other Vegetable Fibre Textiles (except cotton)’ have shown a negative growth of 11.4% followed by 4.5% in “Leather and Leather & Fur Products” and 2.6% in “Beverages, Tobacco and Related Products”.
4. As per Use-based classification, the Sectoral growth rates in November 2009 over November 2008 are 6.0% in Basic goods, 12.2% in Capital goods and 19.4% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of 37.3% and 3.1% respectively, with the overall growth in Consumer goods being 11.1%.
5. Alongwith the Quick Estimates of IIP for November 2009, the indices for October 2009 have undergone the first revision and those for August 2009 have undergone the second (final) revision in the light of the updated data received from the source agencies. (It may be noted that revised indices (first revision) in respect of September 2009 have already been released in December 2009 and these indices shall undergo final (second) revision in February 2010).
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