November 2020 IIP growth stands at around -1.9%
Admin | 2524 Views | 14 Jan 2021
Growth in industry output, as measured in terms of IIP, for the month of November 2020 stands at around (-)1.9% as compared to 4.2% in October 2020.
The growth in the three sectors mining, manufacturing and electricity in November 2020 stands at around (-)7.3%, (-)1.7% and 3.5% respectively over November 2019. Primary goods growth stands at around (-)2.6%, capital goods growth stands at (-)7.1%, intermediate goods growth stands at (-)3%, infrastructure/construction goods growth stands at 0.7%, consumer durable stands at (-)0.7% and consumer non-durables growth stands at (-)0.7% during November 2020 as compared to the previous year.
Recent growth pattern in IIP (% growth)
|
|
Weight in IIP |
April-November 2019-20 |
April-November 2020-21 |
October 2020 |
November 2020 |
|
Mining |
14.3 |
-(0.1) |
(-)12.5 |
(-)1.3 |
(-)7.3 |
|
Manufacturing |
77.6 |
0.4 |
(-)17.3 |
4.1 |
(-)1.7 |
|
Electricity |
7.9 |
0.8 |
(-)4.6 |
11.2 |
3.5 |
|
|
|||||
|
Primary goods |
34.0 |
0.1 |
(-)11.3 |
(-)3.2 |
(-)2.6 |
|
Capital goods |
8.2 |
(-)11.7 |
(-)31.1 |
3.5 |
(-)7.1 |
|
Intermediate goods |
17.2 |
10.3 |
(-)17.2 |
2.1 |
(-)3 |
|
Infrastructure/construction goods |
12.3 |
(-)2.4 |
(-)17.7 |
9.9 |
0.7 |
|
Consumer durables |
12.8 |
(-)6.6 |
(-)28.1 |
18 |
(-)0.7 |
|
Consumer non-durables |
15.3 |
3.5 |
(-)5.4 |
7.1 |
(-)0.7 |
|
Overall IIP |
100 |
0.3 |
(-)15.5 |
4.2 |
(-)1.9 |
Source: PHD Research Bureau, PHDCCI, compiled from CSO
Write a Comment
Related Blogs / Articles
