IIP - Manufacture Of Basic Metals

Index Of Industrial Production (IIP)

Manufacture Of Basic Metals
140.4

August 2018

   3.08% (YoY)
+ 2.56% (MoM)
Previous Value: 136.9 (Jul 2018)


IIP - Manufacture Of Basic Metals
Monthly Trend

MONTH
INDEX
YoY CHANGE
Aug 2018
140.4
3.08%
Jul 2018
136.9
3.95%
Jun 2018
138.1
2.22%
May 2018
138.3
2.14%
Apr 2018
134.0
2.21%
Mar 2018
151.3
9.88%
Base Year: 2011-12)

Chart of Current IIP - Manufacture of basic metals Index

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Source: MOSPI

IIP - Manufacture of basic metals

The Index Of Industrial Production (IIP) for Manufacture Of Basic Metals in August 2018 rose by 3.08% (YoY)

from an year ago.

According to data released by the Central Statistics Office (CSO), the country's IIP for Manufacture Of Basic Metals in Aug 2018 was pegged at 140.4, compared to 136.2 reported in the corresponding period last year.

This months IIP figure represents a jump of 2.56% (MoM) since last month, as IIP for Jul 2018 stood at 136.9.


Item Basket and Item Weights
For Manufacture Of Basic Metals

Manufacture Of Basic Metals has an overall weightage of 12.804336% in the calulation of All India IIP Index. It has been assigned a NIC 2008 code of 24. There are 28 items covered under this group, described as following:

NIC 2008
5 digit
Item groups Unit Use-based
Classification
Weights
24101Pig ironTh TonnesIntermediate Goods0.39779%
24102Sponge Iron/ DRITh TonnesIntermediate Goods0.40364%
24104FerrochromeTh TonnesIntermediate Goods0.07698%
24104Other ferro alloys (except ferrochrome)Th TonnesIntermediate Goods0.14893%
24105HR coils and sheets of mild steelTh TonnesInfrastructure/ Construction Goods1.34871%
24105HR plates of mild steelTh TonnesInfrastructure/ Construction Goods0.83498%
24105CR Coils & SheetsTh TonnesInfrastructure/ Construction Goods0.68085%
24107Rail and rail materialsTh TonnesInfrastructure/ Construction Goods0.11746%
24109MS blooms/ billets/ ingots/ pencil ingotsTh TonnesIntermediate Goods0.94972%
24109MS slabsTh TonnesIntermediate Goods0.84384%
24109Steel Structurals (including angles, shapes, sections, etc.)Th TonnesInfrastructure/ Construction Goods0.78949%
24109Billets/blooms/ingots/pencil ingots/slabs of Alloy and Stainless SteelTh TonnesIntermediate Goods0.48045%
24109Bars and Rods of Mild steelTh TonnesInfrastructure/ Construction Goods1.35187%
24109Flat products of Alloy SteelTh TonnesInfrastructure/ Construction Goods0.28309%
24109Bars and Rods of Alloy and Stainless SteelTh TonnesInfrastructure/ Construction Goods0.56657%
24109Flat products of Stainless SteelTh TonnesInfrastructure/ Construction Goods0.11344%
24109Galvanised products of Steel (including colour coated, tin plates, TMBP and Tin free steel)Th TonnesInfrastructure/ Construction Goods0.78949%
24109Pipes and tubes of SteelTh TonnesIntermediate Goods0.33835%
24201Brass plates/sheets/coilsTonnesIntermediate Goods0.02718%
24201Copper bars, rods & wire rodsTonnesIntermediate Goods0.63702%
24201Copper electrodesTonnesIntermediate Goods0.21695%
24202Aluminium bars, rods including shapes, sections and profilesTonnesIntermediate Goods0.20324%
24202Aluminium Billets/ingotsTonnesIntermediate Goods0.23533%
24203Lead ingots/ bars/ blocks and platesTonnesIntermediate Goods0.04381%
24203Zinc Ingots/blocksTonnesIntermediate Goods0.05069%
24311Galvanized iron pipesTh.TonnesInfrastructure/ Construction Goods0.06043%
24311Pipes, tubes & casing of steel/ironTh.TonnesInfrastructure/ Construction Goods0.37601%
24319Cast iron castingsTh.TonnesIntermediate Goods0.43805%
NIC 2008
5 digit
Item groups Unit Use-based
Classification
Weights

Historical IIP Trend in India
For Manufacture Of Basic Metals

Historical Graph

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Index Of Industrial Production

Detailed Monthly Data

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INDEX OF INDUSTRIAL PRODUCTION

Manufacture Of Basic Metals

Index Of Industrial Production

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IIP - Manufacture of basic metals
Annual Trend

YEAR
INDEX
CHANGE
2017-18
138.0
5.67%
2016-17
130.6
5.07%
2015-16
124.3
0.65%
2014-15
123.5
9.78%
DATE INDEX CHANGE
Aug 2018 140.4   3.5
Jul 2018 136.9   1.2
Jun 2018 138.1   0.2
May 2018 138.3   4.3
Apr 2018 134.0   17.3
Mar 2018 151.3   8.3
Feb 2018 143.0   0.7
Jan 2018 143.7   3.4
Dec 2017 140.3   3.7
Nov 2017 136.6   2.0
Oct 2017 138.6   5.5
Sep 2017 133.1   3.1
Aug 2017 136.2   4.5
Jul 2017 131.7   3.4
Jun 2017 135.1   0.3
May 2017 135.4   4.3
Apr 2017 131.1   6.6
Mar 2017 137.7   8.6