$\"\"$ Quick estimates of industrial growth for June actually suggest strong revival of growth in the offing that is investment-led and focused on producer goods. And to keep up the momentum, the Centre<\/a> needs to chalk out proactive policy<\/a> to boost manufacturing in such high-growth potential sectors as telecom equipment and silicon chip fabrication plants. True, overall industrial production has risen by a lacklustre 3.4 per cent (over that in June last year). And manufactures, which have over 75 per cent weight in the industrial index, have posted a lowly 1.8 per cent growth. However, it is entirely possible that the index, which is largely a volume-based measure, may be underestimating value-added in the form of quality improvements.
\n
\nBesides, disaggregated figures in the index reveal a positive trend. Capital goods production has surged 23 per cent, no doubt aided by a marked upsurge in particular segments like electrical machinery, which has posted a phenomenal 69.2 per cent rise in output. It is true that the seeming uptick in capital goods output is on a very low base, and lumpy equipment, which may take several months to produce, can periodically lead to spikes in output. However, the figures do reveal that capital goods output during April-June has gone up by a credible 13.9 per cent. And first-quarter company results do seem to corroborate turnaround performance quite across the board.
\n
Note also that the latest industrial figures show that electricity output, with over 10 per cent weight in the index, has revved up a commendable 15.7 per cent. It may well have shored up output in services, but we have no way of knowing by how much as the Central Statistics Office<\/a> does not put out figures pertaining to a regular index of services output. The industrial index itself needs to be revamped, for instance, by having value-based measures for long-gestation goods so as to smoothen the production curve. More important, instead of the dated year-on-year measure, we do need month-on-month figures as is the global norm, seasonally adjusted, to keep better track of the industrial economy. Expect solid recovery. \n<\/body>","next_sibling":[{"msid":40254601,"title":"Government launches eGreetings portal","entity_type":"ARTICLE","link":"\/news\/policy\/government-launches-egreetings-portal\/40254601","category_name":null,"category_name_seo":"policy"}],"related_content":[],"msid":40248611,"entity_type":"ARTICLE","title":"Centre needs to focus on telecom gear and silicon chip fabrication","synopsis":"It is entirely possible that the index, which is largely a volume-based measure, may be underestimating value-added in the form of quality improvements.","titleseo":"policy\/centre-needs-to-focus-on-telecom-gear-and-silicon-chip-fabrication","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2014-08-14 11:07:26","lastupd":"2014-08-14 11:10:28","breadcrumbTags":["policy","centre","telecom gear","Central Statistics Office"],"secinfo":{"seolocation":"policy\/centre-needs-to-focus-on-telecom-gear-and-silicon-chip-fabrication"}}" data-authors="[" "]" data-category-name="Policy" data-category_id="19" data-date="2014-08-14" data-index="article_1">

政策

中心需要专注于电信设备和硅片制造

完全有可能,该指数主要是基于卷的措施,可能低估了增值的形式质量的改进。

等局

更新于2014年8月14日上午11时,坚持

快速估计6月工业增长的实际建议恢复强劲增长出现投资导向型和专注于生产资料。并保持动力,中心需要用粉笔画出积极主动政策推动高增长潜力的行业如电信设备制造业和硅片制造植物。真的,整体工业生产上升了一个毫无生气的3.4%(在去年6月)。和制造,工业指数超过75%的体重,发布了一个卑微的1.8%的增长。然而,完全有可能,指数,这很大程度上是基于卷的措施,可能会低估增值形式的质量改进。

此外,分类数据索引中显示一个积极的趋势。资本货物生产已经飙升了23%,毫无疑问的帮助下明显上升在电机等特定领域,已发布了一个非凡的产出增长69.2%。的确,看似增加资本货物输出很低的基础上,和粗笨的设备,这可能需要几个月才能生产,可以定期导致输出峰值。然而,数据确实表明,资本货物输出在一个可信的4 - 6月上涨了13.9%,第一季度公司业绩结果似乎证实了周转相当全面。

还要注意最新的工业电力输出,数据显示,超过10%的体重指数,已经跃跃欲试的一个值得称道的15.7%。它很有可能支撑输出服务,但是我们没有办法知道是多少中央统计局不把数据与普通索引服务的输出。工业指数本身需要改进,例如,通过漫长的孕育货物价值的措施,以使平滑曲线。同比更重要,而不是过时的测量,我们需要的环比数据是全球规范,经季节性因素调整后,保持工业经济的更好地跟踪。预计强劲复苏。

发布于2014年8月14日11:07点坚持

$\"\"$ Quick estimates of industrial growth for June actually suggest strong revival of growth in the offing that is investment-led and focused on producer goods. And to keep up the momentum, the Centre<\/a> needs to chalk out proactive policy<\/a> to boost manufacturing in such high-growth potential sectors as telecom equipment and silicon chip fabrication plants. True, overall industrial production has risen by a lacklustre 3.4 per cent (over that in June last year). And manufactures, which have over 75 per cent weight in the industrial index, have posted a lowly 1.8 per cent growth. However, it is entirely possible that the index, which is largely a volume-based measure, may be underestimating value-added in the form of quality improvements.
\n
\nBesides, disaggregated figures in the index reveal a positive trend. Capital goods production has surged 23 per cent, no doubt aided by a marked upsurge in particular segments like electrical machinery, which has posted a phenomenal 69.2 per cent rise in output. It is true that the seeming uptick in capital goods output is on a very low base, and lumpy equipment, which may take several months to produce, can periodically lead to spikes in output. However, the figures do reveal that capital goods output during April-June has gone up by a credible 13.9 per cent. And first-quarter company results do seem to corroborate turnaround performance quite across the board.
\n
Note also that the latest industrial figures show that electricity output, with over 10 per cent weight in the index, has revved up a commendable 15.7 per cent. It may well have shored up output in services, but we have no way of knowing by how much as the Central Statistics Office<\/a> does not put out figures pertaining to a regular index of services output. The industrial index itself needs to be revamped, for instance, by having value-based measures for long-gestation goods so as to smoothen the production curve. More important, instead of the dated year-on-year measure, we do need month-on-month figures as is the global norm, seasonally adjusted, to keep better track of the industrial economy. Expect solid recovery. \n<\/body>","next_sibling":[{"msid":40254601,"title":"Government launches eGreetings portal","entity_type":"ARTICLE","link":"\/news\/policy\/government-launches-egreetings-portal\/40254601","category_name":null,"category_name_seo":"policy"}],"related_content":[],"msid":40248611,"entity_type":"ARTICLE","title":"Centre needs to focus on telecom gear and silicon chip fabrication","synopsis":"It is entirely possible that the index, which is largely a volume-based measure, may be underestimating value-added in the form of quality improvements.","titleseo":"policy\/centre-needs-to-focus-on-telecom-gear-and-silicon-chip-fabrication","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2014-08-14 11:07:26","lastupd":"2014-08-14 11:10:28","breadcrumbTags":["policy","centre","telecom gear","Central Statistics Office"],"secinfo":{"seolocation":"policy\/centre-needs-to-focus-on-telecom-gear-and-silicon-chip-fabrication"}}" data-news_link="//www.iser-br.com/news/policy/centre-needs-to-focus-on-telecom-gear-and-silicon-chip-fabrication/40248611">