IIP
CITI’s Analysis of Quick Estimates of IIP for Textile and Clothing Sector(T&C)
| Quick Estimates-Index of Industrial Production-Textiles & Clothing | |||||||
| Description | Weights | Index | Cumulative Index | ||||
|
Dec-22 |
Dec-23 |
%
Change |
Apr – Dec22 | Apr-Dec23 | %
Change |
||
| General Index | 100 | 145.9 | 151.5 | 3.8 | 135.9 | 144.2 | 6.1 |
| Manufacture of textiles | 3.2913 | 110.7 | 112.5 | 1.6 | 107.8 | 107.8 | 0.0 |
| Manufacture of wearing apparel | 1.3225 | 125.6 | 112.7 | -10.3 | 128 | 103.6 | -19.1 |
Source:Press Information Bureau
- For the month of December 23, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 151.5 which is about 3.8% higher than
- IIP for manufacture of textiles was up by 1.6 percent in December 23 as compared to December 22 and Wearing Apparel was down by (-)10.3 percent over the same period.