QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF AUGUST 2022 (BASE 2011-12=100)


The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments.


2.        For the month of August 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 131.3 The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2022 stand at 99.6, 131.0 and 191.3 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.


3.        As per Use-based classification, the indices stand at 129.4 for Primary Goods, 95.7 for Capital Goods, 145.6 for Intermediate Goods and 150.8 for Infrastructure/ Construction Goods for the month of August 2022.  Further, the indices for Consumer durables and Consumer non-durables stand at 118.6 and 133.6 respectively for the month of August 2022.


4.        Details of Quick Estimates of the Index of Industrial Production for the month of August 2022 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 12 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.


5.        Along with the Quick Estimates of IIP for the month of August 2022, the indices for July 2022 have undergone the first revision and those for May 2022 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for August 2022, the first revision for July 2022 and the final revision for May 2022 have been compiled at weighted response rates of 90 percent, 92 percent and 94 percent respectively.


6.        Release of the Index for September 2022 will be on Friday, 11th November 2022.


Note: –


  1. This Press release information is also available at the Website of the Ministry – http://www.mospi.gov.in
  2. Press release in Hindi follows and shall be available at: https://www.mospi.gov.in/hi/web/mospi/home












STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL

(Base: 2011-12=100)




























Month

Mining

Manufacturing

Electricity

General

(14.372472)

(77.63321)

(7.994318)

(100)

2021-22

2022-23

2021-22

2022-23

2021-22

2022-23

2021-22

2022-23

Apr

107.6

116.6

124.6

131.6

174.0

194.5

126.1

134.5

May

108.3

120.4

111.5

134.6

161.9

199.9

115.1

137.8

Jun

105.5

113.7

121.2

136.9

169.1

196.9

122.8

138.4

Jul

104.6

101.1

131.0

134.9

184.7

188.9

131.5

134.4

Aug*

103.6

99.6

131.9

131.0

188.7

191.3

132.4

131.3

Sep

95.1


131.9


167.9


129.5


Oct

109.8


136.4


167.3


135.0


Nov

111.8


128.9


147.9


128.0


Dec

120.4


139.8


162.5


138.8


Jan

124.9


139.2


165.6


139.3


Feb

123.3


129.9


160.8


131.4


Mar

144.4


145.3


191.0


148.8


Average










 
 
 
 

Apr-Aug

105.9

110.3

124.0

133.8

175.7

194.3

125.6

135.3








 

Growth over the corresponding period of previous year#














Aug*

23.3

-3.9

11.1

-0.7

16.0

1.4

13.0

-0.8










Apr-Aug

25.0

4.2

31.6

7.9

15.4

10.6

29.0

7.7












* Figures for Aug 2022 are Quick Estimates.

Note: Indices for the months of May’22 and Jul’22 incorporate updated production data.

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020










































             STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Industry


code

Description

Weight

Index

Cumulative Index

Percentage growth #



Aug’21

Aug’22*

Apr-Aug*

Aug’22*

Apr-Aug*






2021-22

2022-23


2022-23

10

Manufacture of food products

5.3025

117.3

117.3

116.8

120.4

0.0

3.1

11

Manufacture of beverages

1.0354

86.3

92.5

81.0

111.6

7.2

37.8

12

Manufacture of tobacco products

0.7985

86.9

75.6

76.5

86.9

-13.0

13.6

13

Manufacture of textiles

3.2913

120.2

105.5

113.8

109.3

-12.2

-4.0

14

Manufacture of wearing apparel

1.3225

144.1

117.7

107.6

136.2

-18.3

26.6

15

Manufacture of leather and related products

0.5021

106.5

90.5

96.7

98.3

-15.0

1.7

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

110.2

105.9

97.3

109.6

-3.9

12.6

17

Manufacture of paper and paper products

0.8724

82.8

83.1

82.2

84.6

0.4

2.9

18

Printing and reproduction of recorded media

0.6798

69.1

88.2

66.6

91.3

27.6

37.1

19

Manufacture of coke and refined petroleum products

11.7749

112.1

119.5

114.5

128.1

6.6

11.9

20

Manufacture of chemicals and chemical products

7.8730

124.8

131.4

119.3

132.3

5.3

10.9

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

233.8

189.4

221.7

200.8

-19.0

-9.4

22

Manufacture of rubber and plastics products

2.4222

108.6

100.4

104.0

104.4

-7.6

0.4

23

Manufacture of other non-metallic mineral products

4.0853

122.2

123.7

121.3

132.8

1.2

9.5

24

Manufacture of basic metals

12.8043

178.8

184.0

168.3

181.4

2.9

7.8

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

94.0

87.1

81.3

85.4

-7.3

5.0

26

Manufacture of computer, electronic and optical products

1.5704

139.5

144.5

123.6

143.0

3.6

15.7

27

Manufacture of electrical equipment

2.9983

128.7

92.4

95.5

95.3

-28.2

-0.2

28

Manufacture of machinery and equipment n.e.c.

4.7653

108.9

112.4

97.0

109.4

3.2

12.8

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

93.5

115.7

88.8

113.9

23.7

28.3

30

Manufacture of other transport equipment

1.7763

125.1

137.1

103.5

126.4

9.6

22.1

31

Manufacture of furniture

0.1311

165.7

239.3

146.2

214.9

44.4

47.0

32

Other manufacturing

0.9415

95.3

101.3

83.6

91.9

6.3

9.9










05

Mining

14.3725

103.6

99.6

105.9

110.3

-3.9

4.2

10-32

Manufacturing

77.6332

131.9

131.0

124.0

133.8

-0.7

7.9

35

Electricity

7.9943

188.7

191.3

175.7

194.3

1.4

10.6











General Index

100.00

132.4

131.3

125.6

135.3

-0.8

7.7

* Figures for August 2022 are Quick Estimates.

             

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020




































STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION – USE-BASED

(Base :2011-12=100)


Primary goods

Capital goods

Intermediate goods

Infrastructure/ Construction goods

Consumer durables

Consumer non-durables

Month

(34.048612)

(8.223043)

(17.221487)

(12.338363)

(12.839296)

(15.329199)


2021-22

2022-23

2021-22

2022-23

2021-22

2022-23

2021-22

2022-23

2021-22

2022-23

2021-22

2022-23

Apr

126.5

139.5

79.0

88.5

139.6

149.5

144.0

149.7

103.3

110.7

140.0

138.9

May

122.8

144.7

61.9

94.9

129.1

151.7

129.5

153.3

71.6

113.9

135.6

137.5

Jun

122.4

139.3

81.2

104.8

132.7

146.6

137.9

150.7

100.1

125.2

141.8

146.0

Jul

128.5

131.7

92.4

97.7

143.7

149.1

144.4

149.9

118.7

121.4

145.9

141.8

Aug*

127.2

129.4

91.1

95.7

144.7

145.6

148.3

150.8

121.6

118.6

148.3

133.6

Sep

117.3


93.3


142.9


145.0


131.0


147.3


Oct

128.5


89.8


147.2


153.6


129.5


149.7


Nov

126.5


82.1


141.3


141.5


106.6


147.9


Dec

133.7


92.9


151.8


154.0


122.5


161.6


Jan

136.5


94.9


153.5


158.9


118.5


154.4


Feb

130.8


94.5


143.7


152.0


112.9


137.6


Mar

153.2


111.8


156.6


169.5


128.9


150.3


Average


























Apr-Aug

125.5

136.9

81.1

96.3

138.0

148.5

140.8

150.9

103.1

118.0

142.3

139.6














Growth over the corresponding period of previous year#




















Aug*

16.9

1.7

20.0

5.0

11.8

0.6

13.5

1.7

11.1

-2.5

5.9

-9.9














Apr-Aug

18.2

9.1

60.3

18.7

40.4

7.6

45.8

7.2

55.0

14.5

10.3

-1.9














* Figures for August 2022 are Quick Estimates.

Note: Indices for the months of May’22 and Jul’22 incorporate updated production data.

         

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020








































STATEMENT IV:  MONTHLY INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Ind

Description

Weight

Sep-21

Oct-21

Nov-21

Dec-21

Jan-22

Feb-22

Mar-22

Apr-22

May-22

Jun-22

Jul-22

Aug-22

code















10

Manufacture of food products

5.3025

110.3

118.8

130.1

151.8

145.1

139.9

150.5

132.7

122.7

115.9

113.5

117.3

11

Manufacture of beverages

1.0354

85.3

86.8

85.2

92.0

91.5

94.4

116.1

118.2

126.2

119.4

101.9

92.5

12

Manufacture of tobacco products

0.7985

95.6

95.0

96.5

101.8

108.2

79.9

107.3

85.4

87.9

113.1

72.4

75.6

13

Manufacture of textiles

3.2913

121.4

125.6

117.9

124.9

122.6

113.0

118.5

114.1

111.5

108.1

107.1

105.5

14

Manufacture of wearing apparel

1.3225

158.7

163.6

133.8

161.8

154.7

155.0

191.7

129.4

142.4

156.9

134.5

117.7

15

Manufacture of leather and related products

0.5021

110.4

103.2

94.9

111.6

101.6

103.2

113.8

106.4

99.0

95.3

100.4

90.5

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

109.9

110.5

104.3

115.2

106.0

112.5

118.2

106.2

113.1

110.8

111.8

105.9

17

Manufacture of paper and paper products

0.8724

76.9

86.5

79.7

81.4

82.1

78.8

86.1

86.4

86.3

82.0

85.1

83.1

18

Printing and reproduction of recorded media

0.6798

70.0

73.4

72.1

87.4

80.7

76.6

88.3

84.2

88.5

99.2

96.6

88.2

19

Manufacture of coke and refined petroleum products

11.7749

108.5

123.9

129.0

129.6

130.4

120.3

139.2

131.1

134.4

129.3

126.4

119.5

20

Manufacture of chemicals and chemical products

7.8730

124.3

125.9

118.1

125.9

124.9

115.3

121.1

123.3

135.6

133.4

138.0

131.4

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

238.5

236.7

227.2

237.5

223.3

186.3

201.0

191.1

188.0

218.1

217.6

189.4

22

Manufacture of rubber and plastics products

2.4222

108.4

103.8

97.6

102.7

105.2

100.9

109.0

104.9

105.1

105.2

106.2

100.4

23

Manufacture of other non-metallic mineral products

4.0853

115.7

129.2

109.1

133.0

141.5

134.0

154.3

137.0

134.4

142.3

126.7

123.7

24

Manufacture of basic metals

12.8043

174.7

182.6

175.7

185.4

191.6

180.0

199.2

180.1

186.2

175.2

181.3

184.0

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

91.0

88.9

80.2

95.8

88.5

91.0

97.9

77.9

83.2

92.2

86.5

87.1

26

Manufacture of computer, electronic and optical products

1.5704

163.5

151.8

125.6

188.4

186.0

139.8

186.5

126.7

122.5

181.0

140.1

144.5

27

Manufacture of electrical equipment

2.9983

144.4

126.6

106.3

109.9

93.5

90.3

94.3

91.5

98.3

94.1

100.0

92.4

28

Manufacture of machinery and equipment n.e.c.

4.7653

113.5

106.2

91.0

104.3

101.8

103.1

128.0

99.5

105.9

115.2

113.8

112.4

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

90.7

98.2

93.3

97.7

104.8

107.8

115.0

108.8

110.9

115.2

118.9

115.7

30

Manufacture of other transport equipment

1.7763

134.7

138.7

106.1

108.9

121.6

111.1

127.0

107.1

118.3

140.8

128.9

137.1

31

Manufacture of furniture

0.1311

173.2

183.8

180.0

215.4

190.4

198.4

232.4

203.9

205.8

212.5

212.8

239.3

32

Other manufacturing

0.9415

106.1

115.2

67.4

103.5

92.3

95.4

126.1

91.9

79.6

96.4

90.4

101.3



 











5

Mining

14.3725

95.1

109.8

111.8

120.4

124.9

123.3

144.4

116.6

120.4

113.7

101.1

99.6

10-32

Manufacturing

77.6332

131.9

136.4

128.9

139.8

139.2

129.9

145.3

131.6

134.6

136.9

134.9

131.0

35

Electricity

7.9943

167.9

167.3

147.9

162.5

165.6

160.8

191.0

194.5

199.9

196.9

188.9

191.3



 












General Index

100.0

129.5

135.0

128.0

138.8

139.3

131.4

148.8

134.5

137.8

138.4

134.4

131.3

Note: The figures for Jun’22, Jul’22 and Aug’22 are provisional

                       


The Indices are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020


********


DS/VJ




(Release ID: 1867089)
Visitor Counter : 674













Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of March, 2022 (Base 2011-12=100)


The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments.


2.        For the month of March 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 148.3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2022 stand at 144.6, 144.6 and 191.0 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.


3.        As per Use-based classification, the indices stand at 153.3 for Primary Goods, 110.0 for Capital Goods, 154.8 for Intermediate Goods and 170.5 for Infrastructure/ Construction Goods for the month of March 2022.  Further, the indices for Consumer durables and Consumer non-durables stand at 128.8 and 149.3 respectively for the month March 2022.


4.        Details of Quick Estimates of the Index of Industrial Production for the month of March 2022 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 12 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.


5.        Along with the Quick Estimates of IIP for the month of March 2022, the indices for February 2022 have undergone the first revision and those for December 2021 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for March 2022, the first revision for February 2022 and the final revision for December 2021 have been compiled at weighted response rates of 90 percent, 91 percent and 94 percent respectively.


6.        Release of the Index for April 2022 will be on Friday, 10th June 2022.


Note: –


  1. This Press release information is also available at the Website of the Ministry – http://www.mospi.gov.in
  2. Press release in Hindi follows and shall be available at: https://www.mospi.gov.in/hi/web/mospi/home                                                                  














STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL

(Base: 2011-12=100)




























Month

Mining

Manufacturing

Electricity

General

(14.372472)

(77.63321)

(7.994318)

(100)

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

Apr

78.8

107.6

42.1

124.6

125.6

174.0

54.0

126.1

May

87.6

108.3

84.4

111.5

150.6

161.9

90.2

115.1

Jun

85.7

105.5

107.1

121.2

156.2

169.1

107.9

122.8

Jul

87.5

104.6

118.5

131.0

166.3

184.7

117.9

131.5

Aug

84.0

103.6

118.7

131.9

162.7

188.7

117.2

132.4

Sep

87.6

95.1

126.5

131.9

166.4

167.9

124.1

129.5

Oct

98.5

109.8

132.0

136.4

162.2

167.3

129.6

135.0

Nov

106.6

111.8

128.5

128.9

144.8

147.9

126.7

128.0

Dec

117.3

120.4

139.0

139.8

158.0

162.5

137.4

138.8

Jan

121.3

124.7

136.6

138.4

164.2

165.6

136.6

138.6

Feb

117.9

123.2

129.7

130.4

153.9

160.8

129.9

131.8

Mar*

139.0

144.6

143.3

144.6

180.0

191.0

145.6

148.3

Average


















Apr-Mar

101.0

113.3

117.2

130.9

157.6

170.1

118.1

131.5










Growth over the corresponding period of previous year#














Mar*

6.1

4.0

28.4

0.9

22.5

6.1

24.2

1.9










Apr-Mar

-7.8

12.2

-9.6

11.7

-0.5

7.9

-8.4

11.3












* Figures for March 2022 are Quick Estimates.

Note: Indices for the months of Dec’21 and Feb’22 incorporate updated production data.

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020










































             STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Industry


code

Description

Weight

Index

Cumulative Index

Percentage growth #



Mar’21

Mar’22*

Apr-Mar*

Mar’22*

Apr-Mar*






2020-21

2021-22


2021-22

10

Manufacture of food products

5.3025

138.3

149.9

120.4

127.4

8.4

5.8

11

Manufacture of beverages

1.0354

110.7

114.3

78.9

88.0

3.3

11.5

12

Manufacture of tobacco products

0.7985

114.0

96.3

81.8

88.2

-15.5

7.8

13

Manufacture of textiles

3.2913

119.6

118.7

91.1

118.0

-0.8

29.5

14

Manufacture of wearing apparel

1.3225

143.8

197.5

108.4

139.2

37.3

28.4

15

Manufacture of leather and related products

0.5021

123.4

108.8

100.6

101.3

-11.8

0.7

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

124.3

119.0

91.5

105.4

-4.3

15.2

17

Manufacture of paper and paper products

0.8724

89.7

83.9

69.6

81.7

-6.5

17.4

18

Printing and reproduction of recorded media

0.6798

75.8

85.6

65.3

72.9

12.9

11.6

19

Manufacture of coke and refined petroleum products

11.7749

130.9

139.2

111.2

121.1

6.3

8.9

20

Manufacture of chemicals and chemical products

7.8730

127.9

121.0

116.0

120.7

-5.4

4.1

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

230.7

201.1

218.7

221.6

-12.8

1.3

22

Manufacture of rubber and plastics products

2.4222

114.8

107.8

96.3

103.9

-6.1

7.9

23

Manufacture of other non-metallic mineral products

4.0853

140.3

154.0

105.7

127.0

9.8

20.2

24

Manufacture of basic metals

12.8043

184.7

198.2

149.8

177.3

7.3

18.4

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

102.0

96.6

78.2

86.6

-5.3

10.7

26

Manufacture of computer, electronic and optical products

1.5704

206.2

186.2

132.0

146.7

-9.7

11.1

27

Manufacture of electrical equipment

2.9983

110.1

93.3

92.3

104.0

-15.3

12.7

28

Manufacture of machinery and equipment n.e.c.

4.7653

130.5

125.7

92.5

102.5

-3.7

10.8

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

114.9

114.4

81.1

95.8

-0.4

18.1

30

Manufacture of other transport equipment

1.7763

145.3

128.2

112.0

114.1

-11.8

1.9

31

Manufacture of furniture

0.1311

171.3

193.5

142.2

171.7

13.0

20.7

32

Other manufacturing

0.9415

93.5

125.4

62.9

93.7

34.1

49.0




 




05

Mining

14.3725

139.0

144.6

101.0

113.3

4.0

12.2

10-32

Manufacturing

77.6332

143.3

144.6

117.2

130.9

0.9

11.7

35

Electricity

7.9943

180.0

191.0

157.6

170.1

6.1

7.9




 





General Index

100.00

145.6

148.3

118.1

131.5

1.9

11.3

* Figures for March 2022 are Quick Estimates.

             

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020




































STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION – USE-BASED

(Base :2011-12=100)


Primary goods

Capital goods

Intermediate goods

Infrastructure/ Construction goods

Consumer durables

Consumer non-durables

Month

(34.048612)

(8.223043)

(17.221487)

(12.338363)

(12.839296)

(15.329199)


2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

Apr

92.4

126.5

7.0

79.0

44.6

139.6

20.3

144.0

5.5

103.3

72.7

140.0

May

106.0

122.8

35.4

61.9

83.7

129.1

88.4

129.5

39.7

71.6

135.3

135.6

Jun

109.3

122.4

63.8

81.2

108.2

132.7

114.9

137.9

78.2

100.1

147.5

141.8

Jul

114.3

128.5

70.9

92.4

125.4

143.7

128.6

144.4

99.4

118.7

149.3

145.9

Aug

108.8

127.2

75.9

91.1

129.4

144.7

130.7

148.3

109.5

121.6

140.0

148.3

Sep

112.1

117.3

90.3

93.3

133.6

142.9

132.7

145.0

129.0

131.0

147.4

147.3

Oct

117.9

128.5

91.3

89.8

140.7

147.2

144.1

153.6

133.8

129.5

148.7

149.7

Nov

122.2

126.5

84.3

82.1

138.4

141.3

137.3

141.5

113.0

106.6

149.1

147.9

Dec

130.1

133.7

95.8

92.9

150.3

151.8

151.0

154.0

124.9

122.5

161.1

161.6

Jan

134.4

136.5

93.2

94.5

149.7

150.8

150.1

159.2

123.9

119.5

149.8

153.0

Feb

125.0

130.7

93.3

95.2

138.0

143.1

139.9

152.7

125.0

114.1

147.6

139.0

Mar*

145.0

153.3

109.2

110.0

153.9

154.8

158.9

170.5

133.0

128.8

157.2

149.3

Average














 
 
 
 
 
 

Apr-Mar

118.1

129.5

75.9

88.6

124.7

143.5

124.7

148.4

101.2

113.9

142.1

146.6


                     

Growth over the corresponding period of previous year#




















Mar*

7.9

5.7

50.4

0.7

22.4

0.6

35.1

7.3

59.9

-3.2

29.2

-5.0














Apr-Mar

-7.0

9.7

-18.6

16.7

-9.4

15.1

-8.7

19.0

-15.0

12.5

-2.2

3.2














* Figures for March 2022 are Quick Estimates.

Note: Indices for the months of Dec’21 and Feb’22 incorporate updated production data.

         

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020








































STATEMENT IV:  MONTHLY INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Ind

Description

Weight

Apr’21

May’21

Jun’21

Jul’21

Aug’21

Sep’21

Oct’21

Nov’21

Dec’21

Jan’22

Feb’22

Mar’22

code















10

Manufacture of food products

5.3025

127.8

111.4

111.3

116.2

117.3

110.3

118.8

130.1

151.8

143.9

140.5

149.9

11

Manufacture of beverages

1.0354

91.5

54.8

82.0

90.2

86.3

85.3

86.8

85.2

92.0

92.3

95.3

114.3

12

Manufacture of tobacco products

0.7985

70.0

72.4

74.0

79.4

86.9

95.6

95.0

96.5

101.8

99.7

90.5

96.3

13

Manufacture of textiles

3.2913

114.6

105.3

111.3

117.8

120.2

121.4

125.6

117.9

124.9

122.8

115.6

118.7

14

Manufacture of wearing apparel

1.3225

83.4

83.8

110.0

116.8

144.1

158.7

163.6

133.8

161.8

154.3

162.3

197.5

15

Manufacture of leather and related products

0.5021

101.3

67.1

94.1

114.7

106.5

110.4

103.2

94.9

111.6

101.3

101.3

108.8

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

102.0

73.4

97.9

103.1

110.2

109.9

110.5

104.3

115.2

106.8

112.2

119.0

17

Manufacture of paper and paper products

0.8724

88.1

78.7

76.3

85.1

82.8

76.9

86.5

79.7

81.4

82.7

78.4

83.9

18

Printing and reproduction of recorded media

0.6798

64.7

61.9

68.7

68.4

69.1

70.0

73.4

72.1

87.4

78.4

75.2

85.6

19

Manufacture of coke and refined petroleum products

11.7749

118.5

113.8

110.1

117.9

112.1

108.5

123.9

129.0

129.6

130.4

120.2

139.2

20

Manufacture of chemicals and chemical products

7.8730

118.1

109.1

116.3

128.0

124.8

124.3

125.9

118.1

125.9

121.5

115.4

121.0

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

202.3

217.1

226.9

228.6

233.8

238.5

236.7

227.2

237.5

221.4

187.7

201.1

22

Manufacture of rubber and plastics products

2.4222

106.5

96.7

99.4

108.6

108.6

108.4

103.8

97.6

102.7

105.1

101.2

107.8

23

Manufacture of other non-metallic mineral products

4.0853

128.1

110.1

119.2

126.9

122.2

115.7

129.2

109.1

133.0

141.6

134.9

154.0

24

Manufacture of basic metals

12.8043

168.5

159.8

163.5

171.1

178.8

174.7

182.6

175.7

185.4

190.4

179.2

198.2

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

78.2

64.4

79.7

90.3

94.0

91.0

88.9

80.2

95.8

88.8

91.1

96.6

26

Manufacture of computer, electronic and optical products

1.5704

119.2

95.2

125.6

138.4

139.5

163.5

151.8

125.6

188.4

186.7

139.9

186.2

27

Manufacture of electrical equipment

2.9983

84.5

61.6

84.2

118.4

128.7

144.4

126.6

106.3

109.9

97.9

92.5

93.3

28

Manufacture of machinery and equipment n.e.c.

4.7653

94.4

76.3

96.3

109.1

108.9

113.5

106.2

91.0

104.3

100.9

103.2

125.7

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

102.2

59.2

87.8

101.2

93.5

90.7

98.2

93.3

97.7

104.4

107.5

114.4

30

Manufacture of other transport equipment

1.7763

108.7

52.2

103.4

128.2

125.1

134.7

138.7

106.1

108.9

121.6

113.6

128.2

31

Manufacture of furniture

0.1311

128.0

118.5

158.0

160.9

165.7

173.2

183.8

180.0

215.4

189.8

193.6

193.5

32

Other manufacturing

0.9415

94.9

67.2

75.7

84.7

95.3

106.1

115.2

67.4

103.5

92.5

95.9

125.4



 











5

Mining

14.3725

107.6

108.3

105.5

104.6

103.6

95.1

109.8

111.8

120.4

124.7

123.2

144.6

10-32

Manufacturing

77.6332

124.6

111.5

121.2

131.0

131.9

131.9

136.4

128.9

139.8

138.4

130.4

144.6

35

Electricity

7.9943

174.0

161.9

169.1

184.7

188.7

167.9

167.3

147.9

162.5

165.6

160.8

191.0



 












General Index

100.0

126.1

115.1

122.8

131.5

132.4

129.5

135.0

128.0

138.8

138.6

131.8

148.3

Note: The figures for Jan’22, Feb’22 and Mar’22 are provisional

                       


The Indices are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020




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Visitor Counter : 646











Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of February, 2022 (Base 2011-12=100)


The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments.


2.        For the month of February 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 132.1. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2022 stand at 123.2, 130.8 and 160.8 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.


3.        As per Use-based classification, the indices stand at 130.8 for Primary Goods, 94.3 for Capital Goods, 144.0 for Intermediate Goods and 153.0 for Infrastructure/ Construction Goods for the month of February 2022.  Further, the indices for Consumer durables and Consumer non-durables stand at 114.7 and 139.5 respectively for the month February 2022.


4.        Details of Quick Estimates of the Index of Industrial Production for the month of February 2022 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 12 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.


5.        Along with the Quick Estimates of IIP for the month of February 2022, the indices for January 2022 have undergone the first revision and those for November 2021 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for February 2022, the first revision for January 2022 and the final revision for November 2021 have been compiled at weighted response rates of 88 percent, 91 percent and 94 percent respectively.


6.        Release of the Index for March 2022 will be on Thursday, 12th May 2022.




Note: –


  1. This Press release information is also available at the Website of the Ministry – http://www.mospi.gov.in
  2. Press release in Hindi follows and shall be available at: https://www.mospi.gov.in/hi/web/mospi/home












STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL

(Base: 2011-12=100)




























Month

Mining

Manufacturing

Electricity

General

(14.372472)

(77.63321)

(7.994318)

(100)

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

Apr

78.8

107.6

42.1

124.6

125.6

174.0

54.0

126.1

May

87.6

108.3

84.4

111.5

150.6

161.9

90.2

115.1

Jun

85.7

105.5

107.1

121.2

156.2

169.1

107.9

122.8

Jul

87.5

104.6

118.5

131.0

166.3

184.7

117.9

131.5

Aug

84.0

103.6

118.7

131.9

162.7

188.7

117.2

132.4

Sep

87.6

95.1

126.5

131.9

166.4

167.9

124.1

129.5

Oct

98.5

109.8

132.0

136.4

162.2

167.3

129.6

135.0

Nov

106.6

111.8

128.5

128.9

144.8

147.9

126.7

128.0

Dec

117.3

120.3

139.0

139.3

158.0

162.5

137.4

138.4

Jan

121.3

124.7

136.6

138.4

164.2

165.6

136.6

138.6

Feb*

117.9

123.2

129.7

130.8

153.9

160.8

129.9

132.1

Mar

139.0


143.3


180.0


145.6


Average


















Apr-Feb

97.5

110.4

114.8

129.6

155.5

168.2

115.6

130.0










Growth over the corresponding period of previous year#














Feb*

-4.4

4.5

-3.4

0.8

0.1

4.5

-3.2

1.7










Apr-Feb

-9.4

13.2

-12.5

12.9

-2.4

8.2

-11.1

12.5












* Figures for February 2022 are Quick Estimates.

NOTE : Indices for the months of Nov’21 and Jan’22 incorporate updated production data.

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020










































             STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Industry


code

Description

Weight

Index

Cumulative Index

Percentage growth #



Feb’21

Feb’22*

Apr-Feb*

Feb’22*

Apr-Feb*






2020-21

2021-22


2021-22

10

Manufacture of food products

5.3025

136.7

140.6

118.8

125.3

2.9

5.5

11

Manufacture of beverages

1.0354

94.7

96.0

76.0

85.6

1.4

12.6

12

Manufacture of tobacco products

0.7985

79.2

90.7

78.9

87.4

14.5

10.8

13

Manufacture of textiles

3.2913

113.5

116.2

88.5

118.0

2.4

33.3

14

Manufacture of wearing apparel

1.3225

140.0

160.2

105.2

132.8

14.4

26.2

15

Manufacture of leather and related products

0.5021

121.7

101.5

98.5

100.7

-16.6

2.2

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

110.4

112.2

88.5

104.1

1.6

17.6

17

Manufacture of paper and paper products

0.8724

79.3

79.0

67.8

81.5

-0.4

20.2

18

Printing and reproduction of recorded media

0.6798

67.6

73.4

64.4

71.3

8.6

10.7

19

Manufacture of coke and refined petroleum products

11.7749

113.7

120.4

109.4

119.5

5.9

9.2

20

Manufacture of chemicals and chemical products

7.8730

119.0

116.7

114.9

120.7

-1.9

5.0

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

216.8

188.3

217.6

223.4

-13.1

2.7

22

Manufacture of rubber and plastics products

2.4222

105.7

100.8

94.6

103.4

-4.6

9.3

23

Manufacture of other non-metallic mineral products

4.0853

124.4

135.4

102.5

124.5

8.8

21.5

24

Manufacture of basic metals

12.8043

163.6

179.8

146.6

175.5

9.9

19.7

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

92.4

90.4

76.0

85.4

-2.2

12.4

26

Manufacture of computer, electronic and optical products

1.5704

166.5

141.9

125.2

143.3

-14.8

14.5

27

Manufacture of electrical equipment

2.9983

106.3

94.3

90.6

105.3

-11.3

16.2

28

Manufacture of machinery and equipment n.e.c.

4.7653

111.8

102.3

89.1

100.2

-8.5

12.5

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

105.6

107.5

78.1

94.2

1.8

20.6

30

Manufacture of other transport equipment

1.7763

134.5

113.6

108.9

112.8

-15.5

3.6

31

Manufacture of furniture

0.1311

162.4

204.1

139.6

170.7

25.7

22.3

32

Other manufacturing

0.9415

86.2

96.4

60.1

90.8

11.8

51.1




 




05

Mining

14.3725

117.9

123.2

97.5

110.4

4.5

13.2

10-32

Manufacturing

77.6332

129.7

130.8

114.8

129.6

0.8

12.9

35

Electricity

7.9943

153.9

160.8

155.5

168.2

4.5

8.2




 





General Index

100.00

129.9

132.1

115.6

130.0

1.7

12.5

* Figures for February 2022 are Quick Estimates.

             

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020




































STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION – USE-BASED

(Base :2011-12=100)


Primary goods

Capital goods

Intermediate goods

Infrastructure/ Construction goods

Consumer durables

Consumer non-durables

Month

(34.048612)

(8.223043)

(17.221487)

(12.338363)

(12.839296)

(15.329199)


2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

2020-21

2021-22

Apr

92.4

126.5

7.0

79.0

44.6

139.6

20.3

144.0

5.5

103.3

72.7

140.0

May

106.0

122.8

35.4

61.9

83.7

129.1

88.4

129.5

39.7

71.6

135.3

135.6

Jun

109.3

122.4

63.8

81.2

108.2

132.7

114.9

137.9

78.2

100.1

147.5

141.8

Jul

114.3

128.5

70.9

92.4

125.4

143.7

128.6

144.4

99.4

118.7

149.3

145.9

Aug

108.8

127.2

75.9

91.1

129.4

144.7

130.7

148.3

109.5

121.6

140.0

148.3

Sep

112.1

117.3

90.3

93.3

133.6

142.9

132.7

145.0

129.0

131.0

147.4

147.3

Oct

117.9

128.5

91.3

89.8

140.7

147.2

144.1

153.6

133.8

129.5

148.7

149.7

Nov

122.2

126.5

84.3

82.1

138.4

141.3

137.3

141.5

113.0

106.6

149.1

147.9

Dec

130.1

133.7

95.8

92.2

150.3

151.1

151.0

154.1

124.9

121.6

161.1

160.9

Jan

134.4

136.5

93.2

94.5

149.7

150.8

150.1

159.2

123.9

119.5

149.8

153.0

Feb*

125.0

130.8

93.3

94.3

138.0

144.0

139.9

153.0

125.0

114.7

147.6

139.5

Mar

145.0


109.2


153.9


158.9


133.0


157.2


Average














 
 
 
 
 
 

Apr-Feb

115.7

127.3

72.8

86.5

122.0

142.5

121.6

146.4

98.4

112.6

140.8

146.4


                     

Growth over the corresponding period of previous year#




















Feb*

-4.6

4.6

-4.2

1.1

-5.3

4.3

-3.5

9.4

6.6

-8.2

-3.8

-5.5














Apr-Feb

-8.4

10.0

-23.5

18.8

-12.0

16.8

-12.1

20.4

-19.5

14.4

-4.5

4.0














* Figures for February 2022 are Quick Estimates.

NOTE: Indices for the months of Nov’21 and Jan’22 incorporate updated production data.

         

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020








































STATEMENT IV:  MONTHLY INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Ind

Description

Weight

Mar’21

Apr’21

May’21

Jun’21

Jul’21

Aug’21

Sep’21

Oct’21

Nov’21

Dec’21

Jan’22

Feb’22

code















10

Manufacture of food products

5.3025

138.3

127.8

111.4

111.3

116.2

117.3

110.3

118.8

130.1

150.6

143.9

140.6

11

Manufacture of beverages

1.0354

110.7

91.5

54.8

82.0

90.2

86.3

85.3

86.8

85.2

91.7

92.3

96.0

12

Manufacture of tobacco products

0.7985

114.0

70.0

72.4

74.0

79.4

86.9

95.6

95.0

96.5

101.1

99.7

90.7

13

Manufacture of textiles

3.2913

119.6

114.6

105.3

111.3

117.8

120.2

121.4

125.6

117.9

124.8

122.8

116.2

14

Manufacture of wearing apparel

1.3225

143.8

83.4

83.8

110.0

116.8

144.1

158.7

163.6

133.8

152.0

154.3

160.2

15

Manufacture of leather and related products

0.5021

123.4

101.3

67.1

94.1

114.7

106.5

110.4

103.2

94.9

112.3

101.3

101.5

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

124.3

102.0

73.4

97.9

103.1

110.2

109.9

110.5

104.3

115.1

106.8

112.2

17

Manufacture of paper and paper products

0.8724

89.7

88.1

78.7

76.3

85.1

82.8

76.9

86.5

79.7

81.0

82.7

79.0

18

Printing and reproduction of recorded media

0.6798

75.8

64.7

61.9

68.7

68.4

69.1

70.0

73.4

72.1

84.4

78.4

73.4

19

Manufacture of coke and refined petroleum products

11.7749

130.9

118.5

113.8

110.1

117.9

112.1

108.5

123.9

129.0

129.6

130.4

120.4

20

Manufacture of chemicals and chemical products

7.8730

127.9

118.1

109.1

116.3

128.0

124.8

124.3

125.9

118.1

124.5

121.5

116.7

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

230.7

202.3

217.1

226.9

228.6

233.8

238.5

236.7

227.2

236.8

221.4

188.3

22

Manufacture of rubber and plastics products

2.4222

114.8

106.5

96.7

99.4

108.6

108.6

108.4

103.8

97.6

102.3

105.1

100.8

23

Manufacture of other non-metallic mineral products

4.0853

140.3

128.1

110.1

119.2

126.9

122.2

115.7

129.2

109.1

132.3

141.6

135.4

24

Manufacture of basic metals

12.8043

184.7

168.5

159.8

163.5

171.1

178.8

174.7

182.6

175.7

185.8

190.4

179.8

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

102.0

78.2

64.4

79.7

90.3

94.0

91.0

88.9

80.2

94.0

88.8

90.4

26

Manufacture of computer, electronic and optical products

1.5704

206.2

119.2

95.2

125.6

138.4

139.5

163.5

151.8

125.6

189.3

186.7

141.9

27

Manufacture of electrical equipment

2.9983

110.1

84.5

61.6

84.2

118.4

128.7

144.4

126.6

106.3

111.6

97.9

94.3

28

Manufacture of machinery and equipment n.e.c.

4.7653

130.5

94.4

76.3

96.3

109.1

108.9

113.5

106.2

91.0

103.3

100.9

102.3

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

114.9

102.2

59.2

87.8

101.2

93.5

90.7

98.2

93.3

97.8

104.4

107.5

30

Manufacture of other transport equipment

1.7763

145.3

108.7

52.2

103.4

128.2

125.1

134.7

138.7

106.1

108.9

121.6

113.6

31

Manufacture of furniture

0.1311

171.3

128.0

118.5

158.0

160.9

165.7

173.2

183.8

180.0

216.1

189.8

204.1

32

Other manufacturing

0.9415

93.5

94.9

67.2

75.7

84.7

95.3

106.1

115.2

67.4

103.3

92.5

96.4



 











5

Mining

14.3725

139.0

107.6

108.3

105.5

104.6

103.6

95.1

109.8

111.8

120.3

124.7

123.2

10-32

Manufacturing

77.6332

143.3

124.6

111.5

121.2

131.0

131.9

131.9

136.4

128.9

139.3

138.4

130.8

35

Electricity

7.9943

180.0

174.0

161.9

169.1

184.7

188.7

167.9

167.3

147.9

162.5

165.6

160.8



 












General Index

100.0

145.6

126.1

115.1

122.8

131.5

132.4

129.5

135.0

128.0

138.4

138.6

132.1

Note: The figures for Dec’21, Jan’22 and Feb’22 are provisional

                       


The Indices are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020


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EC Healthcare Included in the Hang Seng Composite Index & Hang Seng Stock Connect Hong Kong Index

EC Healthcare (the “Company”, which together with its subsidiaries is referred to as the “Group”, SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong*, is pleased to announce that the Group has been selected and will be included as a constituent stock of the following index series by Hang Seng Indexes Company Limited, with effect from 7 March 2022:

(1) Hang Seng Composite SmallCap Index
(2) Hang Seng Small Cap (Investable) Index
(3) Hang Seng Healthcare Index
(4) Hang Seng Stock Connect Hong Kong Index
(5) Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index
(6) Hang Seng Stock Connect Hong Kong SmallCap Index
(7) Hang Seng SCHK HK Companies Index
(8) Hang Seng SCHK ex-AH Companies Index

The Hang Seng Composite Index (“HSCI”) serving as a comprehensive Hong Kong market. HSCI covers the top 95th percentile of the total market capitalisation of companies listed on the Main Board of the Stock Exchange of Hong Kong (“SEHK”). Adopting the freefloat-adjusted market capitalisation methodology, HSCI can be used as a basis for index funds, mutual funds as well as performance benchmarks. The HSCI inclusion also implies that the Company are eligible stocks for Stock Connect, which is an important scheme for mutual stock market access between the Mainland and Hong Kong. As EC Healthcare becomes eligible stocks for Stock Connect, the mainland investors can directly trade the Company’s stock. are able to deal in the Company’s shares directly. This demonstrates the market’s recognition of the Company’s long-term value and growth potential.

Mr. Eddy Tang, Chairman, Executive Director and Chief Executive Officer of EC Healthcare said, “The inclusion of EC Healthcare in the Hang Seng Composite Index demonstrates the capital market’s recognition of the Group’s growth potential. As a constituent of the Index and a stock eligible for the Hong Kong Stock Connect, EC Healthcare will be able to further expand its shareholder base and trading liquidity, resulting in realization of the value of investment in the Company and enhancement of the Company’s reputation in the capital market. Looking ahead, the Group will continue to refine its business capabilities and further build up the enclosed ecosystem through organic growth as well as mergers and acquisition. This will enable us to provide health management services to more people, create greater value for our clients, thereby creating greater returns for shareholders and leading the industry in upgrading and development.”

About EC Healthcare
EC Healthcare is Hong Kong’s largest non-hospital medical service provider*, leveraging its core businesses of preventive and precision medicine, and committed to developing medical artificial intelligence by integrating its multi-disciplinary medical services. The move, which is supported by the Group’s high-end branding and quality customer services, is aimed at offering customers safe and effective healthcare and medical services with professionalism. The Group is a constituent stock of the MSCI Small Cap Index and the Hang Seng Composite Index.

The Group principally engages in the provision of one-stop medical and health care services in Greater China. The Group provides a full range of services and products under its well-known brands, including those of its one-stop aesthetic medical solutions provider DR REBORN which has ranked first in Hong Kong by sales for years, primary care clinics jointly established with Tencent Doctorwork, chiropractic services centre SPINE Central, New York Spine and Physiotherapy Center NYMG, health management centre re:HEALTH, a vaccine centre Hong Kong Professional Vaccine HKPV, a comprehensive dental centre UMH DENTAL CARE, a diagnostic and imaging centre HKAI, an oncology treatment centre reVIVE, a day procedure centre HKMED, a specialty clinic SPECIALISTS CENTRAL and NEW MEDICAL CENTER, obstetrics and gynaecology specialist ZENITH MEDICAL CENTER AND PRENATAL DIAGNOSIS CENTRE, specialists central, a paediatric center PRIME CARE, cardiology center HONG KONG INTERNATIONAL CARDIOLOGY CENTER, PathLab Medical Laboratories, a professional hair care center HAIR FOREST, Ophthalmology Center VIVID EYE and EC Veterinary Hospital and Imaging Center.

*According to independent research conducted by Frost and Sullivan in terms of revenue in 2019 and 2020

For further information, please contact:
iPR Ogilvy Limited
Callis Lau / Lorraine Luk / Charmaine Ip
Tel: (852) 2136 6952 / 2169 0467 / 3920 7649
Fax: (852) 3170 6606
Email: ech@iprogilvy.com






Topic: Press release summary

Combined Index of Eight Core Industries (ICI) increases by 3.8 per cent (provisional) in December 2021


The combined Index of Eight Core Industries stood at 141.3 in December 2021, which is an increase of 3.8 per cent (provisional) as compared to December 2020. The production of Coal, Natural Gas, Refinery Products, Fertilizers, Cement and Electricity industries increased in December 2021 over the corresponding period of last year.


The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT) today released the Index of Eight Core Industries (ICI) for the Month of December, 2021. ICI measures combined and individual performance of production in selected eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). Details of yearly and monthly indices and growth rates are provided at Annex I & II respectively.


Final growth rate of Index of Eight Core Industries for September 2021 is revised to 5.4% from its provisional level 4.4%. The growth rate of ICI during April-December 2021 was 12.6% (P) as compared to the corresponding period of last FY.


The summary of the Index of Eight Core Industries is given below:


Coal – Coal production (weight: 10.33 per cent) increased by 5.2 per cent in December, 2021 over December, 2020. Its cumulative index increased by 10.6 per cent during April to December, 2021-22 over corresponding period of the previous year.




Crude Oil – Crude Oil production (weight: 8.98 per cent) declined by 1.8 per cent in December, 2021 over December, 2020. Its cumulative index declined by 2.6 per cent during April to December, 2021-22 over the corresponding period of previous year.




Natural Gas – Natural Gas production (weight: 6.88 per cent) increased by 19.5 per cent in December, 2021 over December, 2020. Its cumulative index increased by 22.4 per cent during April to December, 2021-22 over the corresponding period of previous year.




Petroleum Refinery Products – Petroleum Refinery production (weight: 28.04 per cent) increased by 5.9 per cent in December, 2021 over December, 2020. Its cumulative index increased by 10.0 per cent during April to December, 2021-22 over the corresponding period of previous year.




Fertilizers – Fertilizers production (weight: 2.63 per cent) increased by 3.5 per cent in December, 2021 over December, 2020. Its cumulative index decreased by 0.1 per cent during April to December, 2021-22 over the corresponding period of previous year.




Steel – Steel production (weight: 17.92 per cent) declined by 1.0 per cent in December, 2021 over December, 2020. Its cumulative index increased by 22.1 per cent during April to December, 2021-22 over the corresponding period of previous year.




Cement – Cement production (weight: 5.37 per cent) increased by 12.9 per cent in December, 2021 over December, 2020. Its cumulative index increased by 26.1 per cent during April to December, 2021-22 over the corresponding period of previous year.




Electricity – Electricity generation (weight: 19.85 per cent) increased by 2.5 per cent in December, 2021 over December, 2020. Its cumulative index increased by 9.4 per cent during April to December, 2021-22 over the corresponding period of previous year.




Note 1: Data for October, 2021, November, 2021 and December, 2021 are provisional.


Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.


Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.


Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.


Note 5: Release of the index for January, 2022 will be on Monday 28th February, 2022.




Annex I


Performance of Eight Core Industries


Yearly Index & Growth Rate


Base Year: 2011-12=100


                                                                                                       Index


















Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

2020-21

Apr-Dec  2020-21

Apr-Dec  2021-22*

Coal

10.3335

103.2

104.2

112.6

118.0

121.8

124.9

134.1

133.6

131.1

115.3

127.6

Crude Oil

8.9833

99.4

99.2

98.4

97.0

94.5

93.7

89.8

84.5

80.1

80.5

78.3

Natural Gas

6.8768

85.6

74.5

70.5

67.2

66.5

68.4

69.0

65.1

59.8

58.7

71.8

Refinery Products

28.0376

107.2

108.6

108.8

114.1

119.7

125.2

129.1

129.4

114.9

110.9

122.1

Fertilizers

2.6276

96.7

98.1

99.4

106.4

106.6

106.6

107.0

109.8

111.6

113.9

113.8

Steel

17.9166

107.9

115.8

121.7

120.2

133.1

140.5

147.7

152.6

139.4

130.4

159.1

Cement

5.3720

107.5

111.5

118.1

123.5

122.0

129.7

147.0

145.7

130.0

117.9

148.7

Electricity

19.8530

104.0

110.3

126.6

133.8

141.6

149.2

156.9

158.4

157.6

154.8

169.3

Overall Index

100.0000

103.8

106.5

111.7

115.1

120.5

125.7

131.2

131.6

123.2

117.7

132.5


*Provisional




Growth Rates (on Y-o-Y basis in per cent)
















Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

2020-21

Apr-Dec  2020-21

Apr-Dec  2021-22*

Coal

10.3335

3.2

1.0

8.0

4.8

3.2

2.6

7.4

-0.4

-1.9

-1.9

10.6

Crude Oil

8.9833

-0.6

-0.2

-0.9

-1.4

-2.5

-0.9

-4.1

-5.9

-5.2

-5.7

-2.6

Natural Gas

6.8768

-14.4

-12.9

-5.3

-4.7

-1.0

2.9

0.8

-5.6

-8.2

-11.6

22.4

Refinery Products

28.0376

7.2

1.4

0.2

4.9

4.9

4.6

3.1

0.2

-11.2

-13.5

10.0

Fertilizers

2.6276

-3.3

1.5

1.3

7.0

0.2

0.03

0.3

2.7

1.7

3.0

-0.1

Steel

17.9166

7.9

7.3

5.1

-1.3

10.7

5.6

5.1

3.4

-8.7

-15.6

22.1

Cement

5.3720

7.5

3.7

5.9

4.6

-1.2

6.3

13.3

-0.9

-10.8

-17.9

26.1

Electricity

19.8530

4.0

6.1

14.8

5.7

5.8

5.3

5.2

0.9

-0.5

-3.6

9.4

Overall Growth

100.0000

3.8

2.6

4.9

3.0

4.8

4.3

4.4

0.4

-6.4

-9.8

12.6


*Provisional, YoY is calculated over the corresponding financial year of previous year




Annex II


Performance of Eight Core Industries


Monthly Index & Growth Rate


Base Year: 2011-12=100


Index





















Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

Dec-20

156.2

80.5

60.8

126.9

117.0

170.9

147.8

157.9

136.1

Jan-21

161.6

81.1

64.0

130.9

117.5

168.1

154.6

164.2

139.2

Feb-21

163.6

73.2

57.7

114.8

103.9

156.3

160.9

153.9

129.6

Mar-21

210.3

82.4

67.5

134.4

93.4

175.2

182.5

180.0

150.8

Apr-21

113.5

78.5

66.7

123.4

88.3

160.0

159.0

174.0

132.0

May-21

117.1

76.8

68.7

117.7

102.5

149.4

131.1

161.9

125.4

Jun-21

112.1

78.2

70.0

113.2

116.9

153.1

148.2

169.1

127.2

Jul-21

119.2

80.3

72.8

122.2

120.1

155.2

154.3

184.7

134.7

Aug-21

118.4

79.4

73.7

115.5

117.0

161.1

148.8

188.7

134.2

Sep-21

113.8

77.0

73.3

112.7

113.6

160.5

141.1

167.9

128.0

Oct-21*

140.4

79.2

76.3

127.5

122.9

165.5

161.9

167.3

137.4

Nov-21*

149.2

76.6

72.2

131.9

121.4

158.3

127.3

147.9

132.0

Dec-21*

164.3

79.1

72.7

134.4

121.1

169.1

166.8

161.9

141.3


         *Provisional




Growth Rates (on Y-o-Y basis in per cent)



















Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Growth

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

Dec-20

2.2

-3.6

-7.2

-2.8

-2.9

3.5

-7.2

5.1

0.4

Jan-21

-1.9

-4.6

-2.1

-2.6

0.8

8.2

-5.8

5.5

1.3

Feb-21

-4.4

-3.2

-1.0

-10.9

-3.7

2.2

0.2

0.2

-3.3

Mar-21

0.3

-3.1

12.3

-0.7

-5.0

31.5

40.6

22.5

12.6

Apr-21

9.5

-2.1

25.0

30.9

3.9

494.8

606.6

38.5

62.6

May-21

7.0

-6.3

20.1

15.3

-9.6

55.1

11.7

7.5

16.4

Jun-21

7.4

-1.8

20.6

2.4

2.0

25.2

7.5

8.2

9.4

Jul-21

18.8

-3.2

19.0

6.7

0.6

9.4

21.7

11.0

9.9

Aug-21

20.6

-2.3

20.7

9.1

-3.1

6.9

36.3

16.0

12.2

Sep-21

7.8

-1.7

27.5

6.0

0.04

7.1

11.3

0.9

5.4

Oct-21*

14.7

-2.2

25.8

14.4

0.04

4.5

14.5

3.2

8.4

Nov-21*

8.2

-2.2

23.7

4.3

2.5

1.4

-3.6

2.1

3.4

Dec-21*

5.2

-1.8

19.5

5.9

3.5

-1.0

12.9

2.5

3.8


      *Provisional, YoY is calculated over the corresponding month of previous year




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