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IIP for Aug 2015 stands at 176.9, 6.4% higher than Aug 2014

By Niranjan Mudholkar,

Added 13 October 2015

The cumulative growth for April-Aug 2015-16 over the corresponding period of the previous year stands at 4.1%.

In terms of industries, fifteen (15) out of the twenty two (22) industry groups (as per 2-digit NIC-2004) in the manufacturing sector have shown positive growth during the month of August 2015 as compared to the corresponding month of the previous year (Statement II).

The industry group ‘Furniture; manufacturing n.e.c.' has shown the highest positive growth of 90.8%, followed by 40.8% in ‘Electrical machinery & apparatus n.e.c.' and 19.5% in ‘Wearing apparel; dressing and dyeing of fur'. On the other hand, the industry group ‘Tobacco products' has shown the highest negative growth of (-) 9.5%, followed by (-) 9.1% in ‘Publishing, printing & reproduction of recorded media' and (-) 9.0% in ‘Radio, TV and communication equipment & apparatus'.

As per Use-based classification, the growth rates in August 2015 over August 2014 are 3.4% in Basic goods, 21.8% in Capital goods and 2.6% in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 17.0% and 0.4% respectively, with the overall growth in Consumer goods being 6.8%.
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