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FRIDAY, MAY 13, 1988
THE MORE SIGNIFICANT DECREASES IN PRODUCTION WERE RECORDED IN THE FOLLOWING INDUSTRIES ¦ BEVERAGE (-32.1 PER CENT); PLASTIC PRODUCTS (-23.7 PER CENT); BASIC METALS (-15.2 PER CENT): PAPER AND PAPER PRODUCTS (-11.5 PER CENT); FABRICATED METAL PRODUCTS, EXCEPT MACHINERY AND EQUIPMENT (-9.5 PER CENT); AND TEXTILES (INCLUDING KNITTING) (-6.3 PER CENT).
COMBINING THE INDICES FOR THE FOURTH QUARTER OF 1987 WITH THE INDICES FOR THE PRECEDING THREE QUARTERS, THE INDICES FOR 1987 AS A WHOLE COULD BE DERIVED.
COMPARED WITH
INDUSTRIES SHOWED SOME
THE CORRESPONDING INDICES FOR 1986, MOST INCREASES IN PRODUCTION, WITH PARTICULARLY LARGE INCREASES RECORDED IN THE FOLLOWING INDUSTRIES : PAPER AND PAPER PRODUCTS (+45.7 PER CENT); CONSUMER ELECTRICAL AND ELECTRONIC PRODUCTS (+35.4 PER CENT); ELECTRICAL AND ELECTRONIC PARTS, ACCESSORIES AND MACHINERY (+34 PER CENT); RUBBER PRODUCTS (+32.7 PER CENT); LEATHER PRODUCTS AND FOOTWEAR (EXCEPT RUBBER, PLASTIC AND WOODEN FOOTWEAR) (+31.3 PER CENT); AND TOBACCO (+31.1 PER CENT).
ON THE OTHER HAND, THE CHEMICALS AND CHEMICAL PRODUCTS INDUSTRY RECORDED A SLIGHT DROP IN PRODUCTION (-1 PER CENT).
CENSUS AND
IN RELEASING THESE FIGURES, A SPOKESMAN FOR THE STATISTICS DEPARTMENT EXPLAINED THAT THE INDEX OF INDUSTRIAL PRODUCTION IS PRIMARILY INTENDED TO REFLECT THE LEVELS AND TRENDS OF LOCAL MANUFACTURING OUTPUT IN REAL TERMS. IN OTHER WORDS, THE VOLUME OF PRODUCTION IS MEASURED AFTER REMOVING THE EFFECT OF PRICE CHANGE.
MORE DETAILED INFORMATION CAN BE FOUND IN THE "REPORT QUARTER INDEX OF INDUSTRIAL PRODUCTION, FOURTH QUARTER 1987".
ON
THE
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