THURSDAY, AUGUST 6, 1992
COMPARED WITH THE FOURTH QUARTER OF 1991, THE INDEX FOR THE FIRST QUARTER OF 1992 SHOWED A DECREASE OF 20.9%. THIS SIGNIFICANT DROP WAS HOWEVER SEASONAL ONLY, AS MANUFACTURING PRODUCTION IS USUALLY LESS INTENSIVE AFTER THE CHRISTMAS DELIVERIES.
COMPARED WITH THE SAME QUARTER LAST YEAR, A SIGNIFICANT INCREASE OF 14.5% IN PRODUCTION WAS RECORDED IN THE BROAD INDUSTRY GROUP OF PAPER PRODUCTS AND PRINTING. THE INCREASE WAS MAINLY DUE ΤΟ THE CONTINUED BOOMING ACTIVITIES IN THE PRINTING INDUSTRY.
THE OUTPUT OF THE BROAD INDUSTRY GROUP OF CHEMICALS, RUBBER, PLASTIC AND NON-METALLIC MINERAL PRODUCTS ALSO SHOWED A NOTABLE INCREASE OF 7.5%. THIS WAS MAINLY ATTRIBUTABLE TO THE INCREASE IN THE PRODUCTION OF PLASTIC PRODUCTS AND CHEMICAL PRODUCTS.
ON THE OTHER HAND, A DROP OF 5.9% IN PRODUCTION WAS RECORDED IN THE WEARING APPAREL INDUSTRY, IN WHICH THE MANUFACTURE OF GLOVES AND HEADGEAR REPORTED A SIGNIFICANT DECREASE IN PRODUCTION.
THE OUTPUT OF THE BROAD INDUSTRY GROUP OF ELECTRICAL AND ELECTRONIC PRODUCTS, MACHINERY, PROFESSIONAL EQUIPMENT AND OPTICAL GOODS ALSO SHOWED A DECREASE OF 3.6%. WITHIN THIS GROUP, THE PRODUCTION OF CONSUMER ELECTRICAL AND ELECTRONIC PRODUCTS DECREASED SIGNIFICANTLY.
THE INDEX OF INDUSTRIAL PRODUCTION IS PRIMARILY INTENDED ΤΟ REFLECT THE CHANGES OVER TIME OF LOCAL MANUFACTURING OUTPUT IN REAL TERMS. IN OTHER WORDS, THE VOLUME OF LOCAL PRODUCTION IS MEASURED AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES.
CI
MORE DETAILED INFORMATION CAN BE FOUND IN THE REPORT ON THE QUARTERLY INDEX OF INDUSTRIAL PRODUCTION, 1ST QUARTER 1992", WHICH IS ON SALE AT $3.5 A COPY AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, GROUND FLOOR, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE,
CENTRAL, OR AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, 19TH FLOOR, HANCHAI TOWER I, 12 HARBOUR ROAD, WAN CHAI. REGULAR SUBSCRIPTION MAY ALSO BE ARRANGED.
FURTHER ENQUIRIES ABOUT THE SURVEY MAY BE DIRECTED TO THE INDUSTRIAL RESEARCH SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON TEL 839 3250.
FOLLOWING IS A TABLE SHOWING CHANGES IN THE INDEXES OF INDUSTRIAL PRODUCTION IN GREATER DETAIL. AS FROM THE FIRST QUARTER OF 1992, THE HONG KONG STANDARD INDUSTRIAL CLASSIFICATION (HSIC) IS USED TO FORM THE INDUSTRY GROUPS AND BROAD INDUSTRY GROUPS PRESENTED IN THE TABLE. THE PAST INDEXES HAVE BEEN RECOMPILED ACCORDINGLY TO FACILITATE COMPARISON.
INDEXES OF INDUSTRIAL PRODUCTION BY BROAD INDUSTRY GROUP AND SELECTED INDUSTRY GROUP
(1986 = 100)
/INDEX