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FRIDAY, MAY 13, 1988

INDEX OF INDUSTRIAL PRODUCTION FOR 4TH QUARTER OF 1987 PUBLISHED

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THE INDEX OF INDUSTRIAL PRODUCTION FOR THE FOURTH QUARTER OF 1987, AT 180, WAS 15 POINTS OR 9.1 PER CENT ABOVE THAT FOR THE SAME QUARTER OF 1986, ACCORDING TO STATISTICS RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

THIS COMPARED WITH THE YEAR-ON-YEAR GROWTH RATES OF 15.7 PER CENT IN THE THIRD QUARTER OF 1987, 18.8 PER CENT IN THE SECOND QUARTER OF 1987, AND 23.9 PER CENT IN THE FIRST QUARTER OF 1987.

COMPARED WITH THE THIRD QUARTER OF 1987, THE INDEX DECREASE OF FOUR POINTS OR 2.2 PER CENT.

SHOWED A

INDUSTRIES SHOWING THE LARGEST INCREASES IN PRODUCTION IN THE FOURTH QUARTER OF 1987 OVER THE SAME QUARTER OF 1986 WERE : ELECTRICAL AND ELECTRONIC PARTS, ACCESSORIES AND MACHINERY (+41.1 PER CENT); PAPER AND PAPER PRODUCTS (+39.8 PER CENT); LEATHER PRODUCTS AND FOOTWEAR (EXCEPT RUBBER, PLASTIC AND WOODEN FOOTWEAR) (+31.9 PER CENT); TRANSPORT EQUIPMENT (+31.3 PER CENT); AND CONSUMER ELECTRICAL AND ELECTRONIC PRODUCTS (+30.8 PER CENT).

CONCURRENTLY, PRODUCTION IN THE

+

WEARING APPAREL AND TEXTILE INDUSTRIES INCREASED BY 5.6 PER CENT AND 0.6 PER CENT RESPECTIVELY

IN THE FOURTH QUARTER OF 1987 WHEN COMPARED WITH THE SAME QUARTER OF 1986.

THE FOLLOWING INDUSTRIES REPORTED A DECLINE IN PRODUCTION COMPARED WITH THE FOURTH QUARTER OF 1986: PLASTIC PRODUCTS (-9 PER CENT); CHEMICALS AND CHEMICAL PRODUCTS (-8.8 PER CENT); PROFESSIONAL AND SCIENTIFIC EQUIPMENT, PHOTOGRAPHIC AND OPTICAL GOODS, WATCHES AND CLOCKS (-4.3 PER CENT); AND FOOD (-3 PER CENT).

COMPARING THE INDUSTRIAL PRODUCTION IN THE FOURTH QUARTER OF 1987 WITH THAT IN THE PRECEDING QUARTER BUT BEARING IN MIND THIS COMPARISON IS SUBJECT TO THE INFLUENCE OF SEASONAL EFFECTS, INDUSTRIES WITH THE LARGEST INCREASES IN PRODUCTION INCLUDED :

TOBACCO (+16.6 PER CENT); LEATHER PRODUCTS AND FOOTWEAR (EXCEPT RUBBER, PLASTIC AND WOODEN FOOTWEAR) (+14.3 PER CENT); NON-METALLIC MINERAL PRODUCTS (+10.1 PER CENT); WOOD AND CORK PRODUCTS, AND FURNITURE AND FIXTURES (EXCEPT PRIMARILY OF METAL) (+9.3 PER CENT); AND TRANSPORT EQUIPMENT (+7.3 PER CENT).

AT THE SAME TIME, EIGHT INDUSTRIES SHOWED SOME DECREASES IN PRODUCTION COMPARED WITH THE THIRD QUARTER OF 1987.

THE MORE

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