-
7 -
2.7%.
Output of the paper products and printing industry group also increased by
Small increases were recorded in the food, beverages and tobacco industry group (1.5%) and the wearing apparel (except footwear) industry group (0.2%).
On the other hand, decreases were recorded in the industry groups of chemical, rubber, plastic and non-metallic mineral products (-8.8%); basic metals and fabricated metal products (-1.1%); and textiles (including knitting) (-0.8%).
The index of industrial production for the fourth quarter of 1994 increased slightly by 0.7% and 0.4% respectively over the same quarter of 1993 and the third quarter of 1994.
The index of industrial production reflects changes of local manufacturing output in real terms. In other words, it measures the volume of local production after discounting the effect of price changes.
'More detailed information can be obtained from the "Quarterly Index of Industrial Production, 4th Quarter 1994" report, which is on sale at $5 a copy at the Government Publications Centre, Low Block, Ground Floor, Queensway Government Offices, 66 Queensway, Hong Kong, or at the Census and Statistics Department Publications Section, 19th floor, Wanchai Tower, 12 Harbour Road, Wan Chai. Regular subscription may also be arranged.
Enquiries about the survey result may be directed to the General Economic Surveys Section of the Census and Statistics Department on tel 2805 6643.