Index of Industrial Production higher in Oct

13 Dec '07

3 min read

4. As per Use-based classification, the Sectoral growth rates in October 2007 over October 2006 are 6.2% in Basic goods, 20.5% in Capital goods and 14.2% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of 9.3% and 13.9% respectively, with the overall growth in Consumer goods being 12.5%.

5. Alongwith the Quick Estimates of IIP for October 2007, the indices for September 2007 have undergone the first revision and those for July 2007 have undergone the second (final) revision in the light of the updated data received from the source agencies. There are no significant revisions in the indices for July 2007 and September 2007.

6. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC)-1987 and by Use-based classification for the month of October 2007, along with the growth rates over the corresponding month of previous year, including the cumulative indices and growth rates, are enclosed.

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