20 Nov 2017 | 2:19 PM
Research Report
Monthly

Equity Research Report: IIP Update

Industrial production for the month of February 2014 stands at 172.8, which is 1.9% lower as compared to the level in the month of February 2013. The cumulative growth for the period April-February 2013-14 over the corresponding period of the previous year stands at - 0.1%.
11 Apr 2014 | 06:30 PM

IIP Highlights

Industrial production for the month of February 2014 stands at 172.8, which is 1.9% lower as compared to the level in the month of February 2013. The cumulative growth for the period April-February 2013-14 over the corresponding period of the previous year stands at - 0.1%.

Sectoral Overview

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2014 stand at 126.3, 183.7 and 156.7 respectively, with the corresponding growth rates of 1.4%, -3.7% and 11.5% as compared to February 2013. The cumulative growth in the three sectors during April-February 2013-14 over the corresponding period of 2012-13 has been - 1.1%, - 0.7% and 6.2% respectively. In terms of industries, 13 out of the 22 industry groups in the manufacturing sector have shown negative growth during the month of February 2014 as compared to the corresponding month of the previous year.

Use-based

As per Use-based classification, the growth rates in February 2014 over February 2013 are 3.9% in Basic goods, - 17.4% in Capital goods and 4.2% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of -9.3% and -1.2% respectively, with the overall growth in Consumer goods being - 4.5%.