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Index of Industrial Production (IIP): IIP is an index which shows the growth rates in different industry groups of the economy in a stipulated period of time. IIP is a composite indicator that measures the growth rate of industry groups classified under: Broad sectors, namely, Mining, Manufacturing and Electricity Use-based sectors, namely Basic Goods, Capital Goods and Intermediate Goods. Publication: It is published monthly by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation. Base Year: 2011-12 Eight Core Sectors: The eight core sector industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP) which includes: Refinery Products, Electricity, Steel, Coal, Crude Oil, Natural Gas, Cement, Fertilisers.
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