TUESDAY, MAY 22, 1984
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THE ONE POINT INCREASE IN THE INDEX FOR ALCOHOLIC DRINKS AND TOBACCO (FOR HOME CONSUMPTION) IN CPI(B) WAS ATTRIBUTABLE TO HIGHER PRICES OF FOREIGN WINES.
THE INDEX FOR CLOTHING AND FOOTWEAR ROSE BY FIVE POINTS IN BOTH CPI(A) AND CPI(B) FOLLOWING HIGHER PRICES OF SUMMER OUTERCLOTHING WHICH CAME ONTO THE MARKET DURING THE MONTH.
THE INDEX FOR DURABLE GOODS WENT UP BY ONE POINT IN CPI(A) AND TWO POINTS IN CPI(B) DUE TO HIGHER PRICES OF ELECTRICAL CONSUMER GOODS.
HIGHER TRAIN FARES PUSHED UP THE INDEX FOR TRANSPORT AND VEHICLES BY ONE POINT IN CPI(A).
THE INDEX FOR SERVICES INCREASED BY ONE POINT IN BOTH CPI(A) AND CPI(B) AS A RESULT OF HIGHER CHARGES FOR MEDICAL TREATMENT AND PACKAGE TOURS.
PRICE MOVEMENTS IN THE MISCELLANEOUS GOODS SECTION WERE INSIGNIFICANT.
DETAILS OF THESE PRICE MOVEMENTS ARE GIVEN IN THE +CONSUMER PRICE INDEX REPORT+ FOR APRIL 1984, WHICH IS AVAILABLE AT $3 A COPY FROM THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, CONNAUGHT PLACE, HONG KONG, OR FROM THE DIRECTOR OF INFORMATION SERVICES, INFORMATION SERVICES DEPARTMENT, BEACONSFIELD HOUSE, HONG KONG FOR LOCAL AND OVERSEAS MAILINGS.
(FIGURES PRESENTED IN THIS PRESS RELEASE REFER TO CPI SERIES NOT SEASONALLY ADJUSTED UNLESS OTHERWISE SPECIFIED)
1982 MANUFACTURING VALUE ADDED TOPS $36 BILLION
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AS A CONTRIBUTION TO NATIONAL ACCOUNTS VALUE ADDED, HONG KONG'S MANUFACTURING SECTOR GENERATED $36 390 MILLION IN 1982, UP 0.9 PER CENT OVER 1981, ACCORDING TO FIGURES RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE MORE IMPORTANT INDUSTRY GROUPS, RANKED ACCORDING TO THE IR CONTRIBUTION TO VALUE ADDED, WERE: WEARING APPAREL ($9 600 MILLION OR 26 PER CENT OF THE TOTAL FOR THE MANUFACTURING SECTOR), METAL PRODUCTS, MACHINERY AND EQUIPMENT ($6 485 MILLION OR 18 PER CENT), ELECTRICAL AND ELECTRONIC PRODUCTS ($5 869 MILLION OR 16 PER CENT, TEXTILES ($4 537 MILLION OR 12 PER CENT), AND PLASTIC PRODUCTS ($2 919 MILLION OR 8 PER CENT).
(FURTHER DETAILS ON THE SUBJECT ARE CONTAINED IN TABLE A, WHICH WILL BE TRANSMITTED BY FACSIMILE AND BOXED FOR COLLECTION, ALONG WITH TABLES B, C AND D.)
TABLE A ALSO SHOWS THAT ABOUT $132 316 MILLION WORTH OF GROSS OUTPUT WAS PRODUCED IN THE MANUFACTURING SECTOR IN 1982, DOWN 3 PER CENT FROM 1981.
/WITH OUTLAYS