FRIDAY, FEBRUARY 5, 1993
10
INDEX OF INDUSTRIAL PRODUCTION FOR THIRD QUARTER 1992
* * * * *
THE INDEX OF INDUSTRIAL PRODUCTION INCREASED SLIGHTLY IN THE THIRD QUARTER OF 1992 BY 3% OVER THE SAME QUARTER OF 1991, ACCORDING TO THE RESULTS OF A SURVEY RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE PAPER PRODUCTS AND PRINTING INDUSTRY CONTINUED TO PROSPER, WITH A MARKED INCREASE OF 17.6% IN PRODUCTION. PRODUCTION OF THE
FOOD, 11%.
BEVERAGES AND TOBACCO INDUSTRY ALSO INCREASED SIGNIFICANTLY
BY
RELATIVELY MODEST INCREASES OF 5.7% AND 4.3% WERE RECORDED RESPECTIVELY IN THE TWO MAJOR INDUSTRIES OF TEXTILES (INCLUDING KNITTING) AND WEARING APPAREL.
MEANWHILE, PRODUCTION OF THE INDUSTRY GROUP OF ELECTRICAL AND ELECTRONIC PRODUCTS, MACHINERY, PROFESSIONAL EQUIPMENT AND OPTICAL GOODS INCREASED ONLY SLIGHTLY BY 0.6%.
WITHIN THIS GROUP, HOWEVER, THE PRODUCTION OF MACHINERY, EQUIPMENT, APPARATUS, PARTS AND COMPONENTS INCREASED MARKEDLY BY 18.2%; WHEREAS THE PRODUCTION OF CONSUMER ELECTRICAL AND ELECTRONIC PRODUCTS DROPPED BY 7.5%.
ON THE OTHER HAND, A DECREASE OF 8.4% IN PRODUCTION WAS REPORTED IN THE CHEMICALS, RUBBER, PLASTIC AND NON-METALLIC MINERAL PRODUCTS INDUSTRY. THE DECREASE WAS MAINLY ATTRIBUTABLE TO A FALL IN PRODUCTION OF PLASTIC PRODUCTS.
A SIMILAR DECREASE OF 7.6% WAS ALSO RECORDED IN THE BASIC METALS AND FABRICATED METAL PRODUCTS INDUSTRY.
COMPARED WITH PRECEDING QUARTER, THE INDEX OF INDUSTRIAL PRODUCTION SHOWED AN INCREASE OF 7.9%. THIS WAS MAINLY DUE TO A SEASONAL RISE IN THE VOLUME OF ORDERS RECEIVED IN THE QUARTER FOR CHRISTMAS SALES.
THE INDEX OF INDUSTRIAL PRODUCTION REFLECTS CHANGES MANUFACTURING OUTPUT IN REAL TERMS. IN OTHER WORDS, THE LOCAL PRODUCTION IS MEASURED AFTER DISCOUNTING THE EFFECT CHANGES.
OF LOCAL VOLUME OF
OF PRICE
MORE DETAILED INFORMATION CAN BE FOUND IN THE "REPORT ON THE QUARTERLY INDEX OF INDUSTRIAL PRODUCTION, 3RD QUARTER 1992", WHICH IS ON SALE AT $3.5 A COPY AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, CENTRAL, 19TH
GROUND FLOOR, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, OR AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS CENTRE, FLOOR, WANCHAI TOWER, 12 HARBOUR ROAD, WAN CHAI,
ROMAN
MAY ALSO BE ARRANGED.
REGULAR SUBSCRIPTION
FURTHER ENQUIRIES ABOUT THE SURVEY MAY BE DIRECTED ΤΟ THE INDUSTRIAL RESEARCH SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON TEL 839 3238.
/THE FOLLOWING