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Industrial production - Indices for consumer durables pick up momentum

By TIOL News Service

NEW DELHI, OCT 13, 2020: FOR the month of August 2020, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 116.1. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2020 stand at 83.0, 117.4 and 162.7 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.

As per Use-based classification, the indices stand at 108.4 for Primary Goods, 75.0 for Capital Goods, 126.6 for Intermediate Goods and 127.7 for Infrastructure/ Construction Goods for the month of August 2020. Further, the indices for Consumer durables and Consumer non-durables stand at 109.4 and 139.6 respectively for the month of August 2020.

Along with the Quick Estimates of IIP for the month of August 2020, the indices for July 2020 have undergone the first revision and those for May 2020 have undergone the final revision in the light of the updated data received from the source agencies. The Quick Estimates for August 2020, the first revision for July 2020 and the final revision for May 2020 have been compiled at weighted response rates of 88 percent, 91 percent and 94 percent respectively.

Release of the Index for September 2020 will be on Thursday, November 12, 2020.


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