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Industrial production picks up in Sept month

By TIOL News Service

NEW DELHI, NOV 13, 2020: FOR the month of September 2020, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 123.2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2020 stand at 87.6, 125.3 and 166.4 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 112.1 for Primary Goods, 88.4 for Capital Goods, 132.2 for Intermediate Goods and 128.5 for Infrastructure/Construction Goods for the month of September 2020.  Further, the indices for Consumer durables and Consumer non-durables stand at 125.9 and 149.9 respectively for the month of September 2020.

Details of Quick Estimates of the Index of Industrial Production for the month of September 2020 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and byUse-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 since April 2020, by industry groups (as per 2-digit level of NIC-2008) and sectors.

Along with the Quick Estimates of IIP for the month of September 2020, the indices for August 2020 have undergone the first revision and those for June 2020 have undergone the final revision in the light of the updated data received from the source agencies. The Quick Estimates for September 2020, the first revision for August 2020 and the final revision for June 2020 have been compiled at weighted response rates of 89 percent, 92 percent and 95 percent respectively.

 


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