Quick Estimates of Index of Industrial Production and Use-based Index (Base 1993-94=100) for the month of May, 2010
The Quick Estimates of Index of Industrial Production (IIP) with base 1993-94 for the month of May 2010 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. The General Index stands at 312.6, which is 11.5% higher as compared to the level in the month of May 2009. The cumulative growth for the period April-May 2010-11 stands at 14.0% over the corresponding period of the previous year.
2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2010 stand at 199.4, 335.3, and 252.2 respectively, with the corresponding growth rates of 8.7%, 12.3% and 6.4% as compared to May 2009. The cumulative growth during April-May, 2010-11 over the corresponding period of 2009-10 in the three sectors have been 10.2%, 15.1% and 6.6% respectively, which moved the overall growth in the General Index to 14.0%.
3. In terms of industries, as many as fifteen (15) out of the seventeen (17) industry groups (as per 2-digit NIC-1987) have shown positive growth during the month of May 2010 as compared to the corresponding month of the previous year. The industry group ‘Metal Products and Parts, except Machinery and Equipment’ have shown the highest growth of 39.8%, followed by 27.6% in ‘Other Manufacturing Industries’ and 26.9% in ‘Jute and Other Vegetable Fibre Textiles (except cotton)’. On the other hand, the industry group ‘Wood and Wood Products; Furniture and Fixtures’ have shown a negative growth of 5.7% followed by 3.0% in ‘Beverages, Tobacco and Related Products’.
4. As per Use-based classification, the Sectoral growth rates in May 2010 over May 2009 are 7.9% in Basic goods, 34.3% in Capital goods and 10.2% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of 23.7% and 2.4% respectively, with the overall growth in Consumer goods being 8.2%.
5. Alongwith the Quick Estimates of IIP for May 2010, the indices for April 2010 have undergone the first revision and those for February 2010 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 March 2010 have already been released in June 2010 and these indices shall undergo final (second) revision in August 2010
The Quick Estimates of Index of Industrial Production (IIP) with base 1993-94 for the month of May 2010 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. The General Index stands at 312.6, which is 11.5% higher as compared to the level in the month of May 2009. The cumulative growth for the period April-May 2010-11 stands at 14.0% over the corresponding period of the previous year.
2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2010 stand at 199.4, 335.3, and 252.2 respectively, with the corresponding growth rates of 8.7%, 12.3% and 6.4% as compared to May 2009. The cumulative growth during April-May, 2010-11 over the corresponding period of 2009-10 in the three sectors have been 10.2%, 15.1% and 6.6% respectively, which moved the overall growth in the General Index to 14.0%.
3. In terms of industries, as many as fifteen (15) out of the seventeen (17) industry groups (as per 2-digit NIC-1987) have shown positive growth during the month of May 2010 as compared to the corresponding month of the previous year. The industry group ‘Metal Products and Parts, except Machinery and Equipment’ have shown the highest growth of 39.8%, followed by 27.6% in ‘Other Manufacturing Industries’ and 26.9% in ‘Jute and Other Vegetable Fibre Textiles (except cotton)’. On the other hand, the industry group ‘Wood and Wood Products; Furniture and Fixtures’ have shown a negative growth of 5.7% followed by 3.0% in ‘Beverages, Tobacco and Related Products’.
4. As per Use-based classification, the Sectoral growth rates in May 2010 over May 2009 are 7.9% in Basic goods, 34.3% in Capital goods and 10.2% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of 23.7% and 2.4% respectively, with the overall growth in Consumer goods being 8.2%.
5. Alongwith the Quick Estimates of IIP for May 2010, the indices for April 2010 have undergone the first revision and those for February 2010 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 March 2010 have already been released in June 2010 and these indices shall undergo final (second) revision in August 2010
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