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IIP VOLATILITY
Capital goods boom, apparel bust: India's manufacturing growth is concentrated where it creates the fewest jobsIndia's industrial growth shows a worrying divide. Capital-intensive sectors driven by domestic demand are performing well. However, labor-...- Despite uncertainty, India to withstand global shocks due to strong macro fundamentals: BoB ReportIndia's economy is poised to overcome global challenges as strong domestic fundamentals will provide resilience, a BoB report said. Industr...
- IIP grossly underestimates growth because of old base, change in method: Mythili Bhusnurmath"Given that the recovery is slow, I would not get too worried about IIP at 2% provided it gives some reason to believe it will improve in t...
- 72% hike, 84% fall: Rubber insulated cables play havoc with IIP despite 0.12% weightageAn item with a 0.12 weightage on the IIP has been playing havoc with factory data for years, distorting the real picture every month.
- Mobiles to fall under separate category in revised IIPBooming demand for smartphones reason for separate listing, LED & LCD TVs too will be part of new index; 'ready to eat' group may also find...
- New IIP to compute capital goods growth based on monthly spendThe statistics ministry is likely to change the way growth in capital goods industry is calculated in the revised Index for Industrial Prod...
- Saumitra Chaudhuri panel to fix declining credibility of IIP numbersThe declining credibility of the IIP numbers has forced policymakers into finding fixes for India's widely watched gauge of industrial acti...
- Government puts secrecy cover on IIP data; says not to give break-up of output figuresHaving failed to check errors in industrial production data, the government has now decided to stop giving a detailed break-up.
- Do not look at IIP data on month to month basis, negative growth reflects year-end trend: TCA Anant, Chief Statistician of IndiaIn an interview with ET Now, TCA Anant, Chief Statistician of India, shares his views on the IIP numbers and the questions raised on its me...
- In quality drive, IIP basket and base year to be updated often: CSOIndia's apex statistical body plans to change the structure of the IIP more frequently to quell the rising doubts on its accuracy.
- Panel to look into rising volatility and divergence between IIP, HSBC's PMIThe need for a re-look into the index has risen less than a year after the government upgraded the index with a new product basket.
- Government plans to devise a new index for IIPThe government plans to devise a new index of industrial output that will also measure the growth in the value of goods.
- NSC points finger at states for IIP volatilityThe National Statistical Commission has suggested a way forward for continuous updation of weights of items in index to make it more effect...
- Old IIP problem on capital goods plagues new index tooThe new index for industrial production, or IIP, that is expected to be launched soon has not enthused economists as they expect it to have...
- New IIP soon as CSO fixes trial run flaws, seeks cos nod for final draftThe government is all set to roll out the new index of IIP as agencies involved in its preparation have removed the glitches that cropped u...
- Industrial growth impacted by volatile IIP: SurveyThe Economic Survey has questioned the credibility of the industrial growth measured by the Index of Industrial Production (IIP) while stat...
- Dec IIP may drop below 2.7 per cent: BasuIndustrial production in December could drop even below the 18-month low of 2.7% in November , chief economic advisor Kaushik Basu said.
- Government speeds up work on new IIP indexThe government is accelerating the rollout of a new Index of Industrial Production, or IIP, after several agencies voiced concern over the ...
- Industrial growth slumps to 5.6%INDIA’S industrial output growth plummeted to a 14-month low in August, much below analysts’ estimates, indicating a possible slowdown in g...
- RBI says it can't figure out IIP mathsRBI has voiced concern over the high volatility in the IIP numbers, which is sure to bring greater focus on the integrity of data put out b...
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