Dear All,
November 2014 IIP grows at about 4%
Growth in industry output, as measured in terms of IIP, for the month of November 2014 is estimated at 3.8% as compared with (-)4.2% during October 2014. The cumulative growth for the period Apr-Nov 2014-15 stands at 2.2% as compared to 0.1% in the corresponding period of the previous year. The growth in the three sectors mining, manufacturing and electricity in Nov 2014 stands at 3.4%, 3% and 10% respectively as compared to 5.2%, (-)7.6% and 13.3% in Oct 2014. The cumulative growth for the period Apr-Nov 2014-15 in the three sectors mining, manufacturing and electricity over the corresponding year stands at 2.5%, 1.1% and 10.7% respectively. Capital goods growth stands at 6.5% during Nov 2014 as compared to (-) 2.3% during Oct 2014. The cumulative growth of capital goods stands at 4.9% during Apr-Nov 2014-15 as compared to (-) 0.1% during Apr-Nov 2013-14.
Recent growth pattern in IIP (% growth)
Industry Group
|
Weight in IIP
|
Apr-Nov
2013-14
|
Apr- Nov
2014-15
|
Nov 2014
|
Oct 2014
|
Mining
|
14.2
|
-2.1
|
2.5
|
3.4
|
5.2
|
Manufacturing
|
75.5
|
-0.4
|
1.1
|
3
|
-7.6
|
Electricity
|
10.3
|
5.4
|
10.7
|
10
|
13.3
|
Use based classification
| |||||
Basic goods
|
45.7
|
1.2
|
7.5
|
7.0
|
5.8
|
Capital goods
|
8.8
|
-0.1
|
4.9
|
6.5
|
-2.3
|
Intermediate goods
|
15.7
|
2.8
|
1.8
|
4.3
|
-3.1
|
Consumer Goods
| |||||
Consumer goods
|
29.8
|
-2.6
|
-5.7
|
-2.2
|
-18.6
|
a) Consumer durables
|
8.5
|
-12.6
|
-15.9
|
-14.5
|
-35.2
|
b) Consumer non-durables
|
21.3
|
6.2
|
1.9
|
6.0
|
-4.3
|
Overall IIP
|
100
|
0.1
|
2.2
|
3.8
|
-4.2
|
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