The Quick Estimat es of In dexIndu strialProduction (IIP) with bas e 2004-05 for the month of May 2012 have beenreleased by the Central Statistics Off iceMinistry of Statistics and Programme Implementation. IIP is compiled using data received form 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 BoardSalt Commissioner and Coffee Board.
2. The General In dexfor the month of May 2012 stands at 170.2, which is 2.4% higher as compared to the level in the month of May 2011. The cumulative growth for the period April-May 2012-13 stands at 0.8% over the corresponding period of the previous year
3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2012stand at 129.7, 178.9 and 162.3 respectively, with the corresponding growth rates of (-)0.9%, 2.5% and 5.9% as compared to May 2011 (Statement I). The cumulative growth in the three sectors during April-May 2012-13 over the corresponding period of 2011-12 has been (-) 2.0%, 0.6% and 5.2% respectively.
4. In term s of indu stries, twelve (12) out of the twenty two (22) industry group s (as per manufact uring secto r have shown positive growth during the mon th of May 2012 as compared to the corresponding month of the previous yearat ement II). The industry group ‘Radio, TV and Communication Equipment andApparat us ’ has shown the highest growth of 16.4%, followed by 13.7% in ‘Machinery and Equipment n.e.c.’ and 12.6% in ‘Fabricated metal products, except machinery and equipment’. On the other hand, the industry group ‘ElectricMachinery and apparatus n.e.c.’ has shown a negative growthapparel ; dressing and dyeing of fur’.
5. As per growth rates in May 2012 over May 2011 are 4.1% in Basic goods, (-) 7.7% in Capital goods and 2.7% in Inter mediateoverall growth in Consumer goods being 4.3%.
6. Some of the important items showing high positive growth during the current month over the same month in previous year include ‘Telephone Instruments including Mobile Phone & Accessories’ (22.8%), ‘Air Conditioner (Room)’ (30.0%), ‘Carbon Steel’ (23.5%), ‘Plastic Machinery including Moulding Machinery’ (49.6%), ‘Conductor, Aluminium’ (58.1%), ‘CR Sheets’ (30.1%), ‘Steel Structures’ (28.5%), ‘Boilers’ (28.8%), ‘Purified Terephthalic Acid’ (23.3%) and ‘Aerated Water &Soft Drinks
7. Some of the other important items showing high negative growth
8. Along with the Q.E. of IIP for the month of May 2012, the in dices for April 2012 have undergone the first revision and those for February 2012 have undergone the fina l 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 April 2012 shall undergo final (second) revision along with the release of IIP for the month of July 2012.
9. Stat ements 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 May 2012, along with the growth rates over the corresponding month of previous yearincluding the cumulative indices and growth rates, are enclosed.
 |
