November 2020 IIP growth stands at around -1.9%


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


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