The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of October 2017 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation.

The General Index for the month of October 2017 stands at 123.0, which is 2.2 percent higher as compared to the level in the month of October 2016. The cumulative growth for the period April-October 2017 over the corresponding period of the previous year stands at 2.5 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2017 stand at 101.2, 124.3 and 149.8 respectively, with the corresponding growth rates of 0.2 percent, 2.5 percent and 3.2 percent as compared to October 2016 (Statement The cumulative growth in these three sectors during April-October 2017 over the corresponding period of 2016 has been 3.4 percent, 2.1 percent and 5.3 percent respectively.

In terms of industries, ten out of the twenty-three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of October 2017 as compared to the corresponding month of the previous year. The industry group ‘Manufacture of pharmaceuticals, medicinal chemical and botanical products' has shown the highest positive growth of 23.0 percent followed by 12.8 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers' and 9.7 percent in ‘Manufacture of computer, electronic and optical products'. On the other hand, the industry group ‘Other manufacturing' has shown the highest negative growth of (-) 36.4 percent followed by (-) 20.9 percent in ‘Manufacture of tobacco products' and (-) 16.1 percent in ‘Manufacture of rubber and plastic products'.

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