QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED
INDEX (BASE 1993-94=100) FOR OCTOBER, 2003
The Quick Estimates
of Index of Industrial Production (IIP) with base 1993-94 for
the month of October 2003 have been released by the Central Statistical
Organisation. The General Index stands at 182.9, which is higher
by 5.4% as compared to the month of October 2002.
The Indices of Industrial
Production for the Mining, Manufacturing and Electricity sectors
for the month of October 2003 stand at 143.3, 189.5, and 172.1
respectively, with the corresponding growths of 2.1%, 6.2% and
1.6% as compared to October 2002. The cumulative growths during
April-October, 2003-04 over the corresponding period of 2002-03
in the three sectors have been 3.9%, 6.5% and 2.8% respectively,
with the overall growth in the General Index being 5.9%.
Alongwith the Quick
Estimates of IIP for October 2003, the indices for September 2003
have undergone the first revision and those for July 2003, the
second (final) revision in the light of the updated data received
from the source agencies. There are no significant revisions in
the indices for July 2003 and September 2003.
As many as 12 of
the 17 two-digit industry groups have shown positive growth during
the month of October 2003 as compared to the corresponding month
of the previous year. 'Paper & Paper Products and Printing,
Publishing & Allied Industries' have shown the highest growth
of 27.8%, followed by 26.7% in 'Wood and Wood products; Furniture
and Fixtures' and 16.1% in 'Basic Metal and Alloy Industries'.
On the other hand, 'Jute and Other Vegetable Fibre textiles (except
cotton)' have shown a negative growth of 8.8% followed by a decline
of 8.4% in 'Cotton Textiles’ and 2.8% in 'Rubber, Plastic, Petroleum
and Coal Products'.
As per Use-based
classification, the growth in October 2003 over October 2002 is
4.7% in Basic goods, 4.6% in Capital goods and 4.2% in Intermediate
goods. The Consumer durables and Consumer non-durables have recorded
growth of 7.5% and 7.4% respectively, with the overall growth
in Consumer goods being 7.4%.
Statements giving
Quick Estimates of the Index of Industrial Production at Sectoral,
2-digit level of National Industrial Classification (NIC)-1987
and by Use-based classification for the month of October 2003,
along with the growth rates over the corresponding month of previous
year, including the cumulative indices and growth rates, are enclosed.
Note: The
release of the index for November, 2003 will be on Monday, 12
January 2004.
Click here for the
Statement : Statement 1 |
Statement 2 | Statement
3
