How is IIP calculated in India?

The all-India IIP provides a single representative figure to measure the general level of industrial activity in the economy on a monthly basis. IIP is compiled and published monthly by the CSO with a time lag of six weeks from the reference month.

What is total production index?

The production index is a business cycle indicator which aims to measure changes in value added at factor cost of industry and construction over a given reference period. It does this by measuring changes in the volume of output and activity at close and regular intervals, usually monthly.

What is ASI and IIP?

ASI Vs IIP The Industrial Output data is captured and monitored, primarily, through two statistical activities: (i) Annual Survey of Industries (ASI) on an annual basis and (ii) Index of Industrial Production (IIP) on a monthly basis.

What is index of industrial product?

Definition: The Index of Industrial Production (IIP) is an index which shows the growth rates in different industry groups of the economy in a stipulated period of time. The IIP index is computed and published by the Central Statistical Organisation (CSO) on a monthly basis.

What does an index of industrial production measures?

The industrial production index (IPI) is a monthly economic indicator measuring real output in the manufacturing, mining, electric, and gas industries, relative to a base year.

How do I find my ASI data?

Can it be purchased? You can assess it by visiting mospi website or you can also purchase it from epw after making payment. Hi, The ASI data on mospi website or from microdata catalog has all districts with same district code mentioned.

What is industrial production measured in?

Industrial production refers to the output of industrial establishments and covers sectors such as mining, manufacturing, electricity, gas and steam and air-conditioning. This indicator is measured in an index based on a reference period that expresses change in the volume of production output.