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Showing posts from October, 2020

Index of Core Industries September 2020

New data for Index of Core Industries: 2020 September: 119.7 2019 September: 120.7 YoY growth: -0.1%  Details: The Ministry of Commerce and Industry Office of Economic Adviser (OEA), Department of Industrial Policy & Promotion (DIPP), reports a monthly index, ICI, "Index of Eight Core Industries (Base: 2011-12=100)".  "The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP)." These are Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, Electricity.   Also see:  https://currentaffairs.gktoday.in/tags/index-of-eight-core-industries The index: (note: reverse-chronological order) Month Index Revisions (second) (first) 2020 Sep 119.7 2020 Aug 119.1 (117.6) 2020 Jul 122.0 (119.9) 2020 Jun 116.3 (115.6) (112.9) 2020 May 107.7 (106.9) (105.0) 2020 Apr 81.2 ( 82.3) ( 80.9) 2020 Mar 134.0 (133.3) (137.0) 2020 Feb 134.0 (134.9) (132.9) 2020 Jan 137.4

Index of Industrial Production August 2020

August 2020 IIP = 116.1 August 2019 IIP = 126.2 With the gradual relaxation of restrictions, there has been a relative improvement in the economic activities by varying degrees as well as in data reporting. {Wiki} The level of the Index of Industrial Production (IIP) is an abstract number, the magnitude of which represents the status of production in the industrial sector for a given period of time as compared to a reference period of time. Index of Industrial Production - IIP - 2011-12 series, with 2011-12 normalized to 100 at the monthly level. The data is in reverse chronological order. Year Month IIP YoY Revisions (second) (first) 2020 Aug 116.1 2020 Jul 117.6 (118.1) 2020 Jun 108.9 (107.8) 2020 May 90.2 ( 89.5) ( 88.4) 2020 Apr 54.0. ( 53.6) ( 56.3) 2020 Mar 117.2 -18.7% (117.7) (120.1) 2020 Feb 134.2 5.2% (133.5) (133.3) 2020 Jan 137.4 2.2% (137.2) (137.1) 2019 Dec 134.5 0.0% (134.0) (133.5)' 2019 Nov 128.8