Friday, Mar 29 2024 | Time 20:31 Hrs(IST)
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Business Economy


IIP numbers of May not released due to inadequate data

New Delhi, Jul 10 (UNI) The government did not release headline industrial output numbers for May due to inadequate data collection in view of the lockdown imposed in the country to curb the spread of Covid-19.
In view of the preventive measures and announcement of nation-wide lockdown by the Government to contain spread of COVID-19 pandemic, majority of the industrial sector establishments were not operating from the end of March, 2020 onwards, according to a Ministry of Statistics & Programme Implementation statement on Friday.
This has had an impact on the items being produced by the establishments during the period of lockdown and the subsequent periods of conditional relaxations in restrictions.
The Index for the month of May 2020 stands at 88.4 as compared to 53.6 for April 2020, indicating a graded pickup in industrial activity in the economy.
The number of units responding has improved in May 2020 as compared to the earlier months of lockdown.

For the May 2020, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stood at 88.4.
The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2020 stand at 87.0, 82.4 and 149.6 respectively.
As per Use-based classification, the indices stand at 105.5 for Primary Goods, 37.1 for Capital Goods, 77.6 for Intermediate Goods and 84.1 for Infrastructure/ Construction Goods for the month of May 2020.
Further, the indices for Consumer durables and Consumer non-durables stand at 42.2 and 132.3 respectively for the month of May 2020.
The indices for April 2020 have undergone the first revision and those for February 2020 have undergone the final revision in the light of the updated data received from the source agencies.
The Quick Estimates for May 2020 have been compiled at a weighted response rate of 86 per cent.
UNI RSA SHK2119
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