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Quick Estimates of Index of Industrial Production and Use-Based Index for The Month of November 2022

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12 JAN ,Delhi: The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments.2. For the month of November 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 137.1. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of November 2022 stand at 122.7, 136.7 and 166.7 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.3. As per Use-based classification, the indices stand at 132.5 for Primary Goods, 99.1 for Capital Goods, 145.6 for Intermediate Goods and 159.6 for Infrastructure/ Construction Goods for the month of November 2022. Further, the indices for Consumer durables and Consumer non-durables stand at 112.0 and 161.1 respectively for the month of November 2022.4. Details of Quick Estimates of the Index of Industrial Production for the month of November 2022 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 12 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.5. Along with the Quick Estimates of IIP for the month of November 2022, the indices for October 2022 have undergone the first revision and those for August 2022 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for November 2022, the first revision for October 2022 and the final revision for August 2022 have been compiled at weighted response rates of 91 percent, 93 percent and 95 percent respectively.6. Release of the Index for December 2022 will be on Friday, 10th February 2023.

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