XN000022-1992-11-05 — Page 2

THURSDAY, NOVEMBER 6, 1992

INDEX OF INDUSTRIAL PRODUCTION FOR SECOND QUARTER

THE INDEX OF INDUSTRIAL PRODUCTION IN THE SECOND QUARTER OF THIS YEAR INCREASED SLIGHTLY BY 3.3% OVER THE SAME QUARTER LAST YEAR, ACCORDING ΤΟ FINDINGS OF A SURVEY RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

OVER THE PRECEDING QUARTER, THE INDEX SHOWED AN INCREASE OF 18.9%. THIS MARKED INCREASE WAS, HOWEVER, LARGELY SEASONAL AS PRODUCTION IN THE FIRST QUARTER OF A YEAR IS USUALLY LOWER BECAUSE THE LUNAR NEW YEAR HOLIDAYS.

OF

COMPARED WITH THE SAMR QUARTER LAST YEAR, A SIGNIFICANT INCREASE OF 17.8% IN PRODUCTION WAS RECORDED IN THE BROAD INDUSTRY GROUP OF PAPER PRODUCTS AND PRINTING. THE INCREASE REFLECTED THE CONTINUED BOOMING OF THE PRINTING INDUSTRY.

THE OUTPUT OF THE BROAD INDUSTRY GROUP OF TEXTILES (INCLUDING KNITTING) ALSO SHOWED A NOTABLE INCREASE OF 11.1%.

THE OUTPUT OF THE BROAD INDUSTRY GROUP OF ELECTRICAL AND ELECTRONIC PRODUCTS, MACHINERY, PROFESSIONAL EQUIPMENT AND OPTICAL

GOODS INCREASED MODESTLY BY 3.8%.

WITHIN THIS GROUP, THE PRODUCTION OF MACHINERY, EQUIPMENT, APPARATUS, PARTS AND COMPONENTS INCREASED FASTER BY 12.2%.

AS REGARDS THE WEARING APPAREL INDUSTRY, PRODUCTION DECREASED SLIGHTLY BY 1.9%.

THE BROAD INDUSTRY GROUP OF CHEMICALS, RUBBER, PLASTIC AND NON- METALLIC MINERAL PRODUCTS ALSO SHOWED A SLIGHT DECREASE OF 2.4%. THIS WAS MAINLY DUE TO A DROP IN THE PRODUCTION OF PLASTIC PRODUCTS.

THE INDEX OF INDUSTRIAL PRODUCTION REFLECTS CHANGES OF MANUFACTURING OUTPUT IN REAL TERMS, IN OTHER WORDS, THE LOCAL PRODUCTION IS MEASURED AFTER DISCOUNTING THE EFFECT CHANGES.

FROM THE FIRST QUARTER OF 1992, THE HONG KONG INDUSTRIAL CLASSIFICATION (HSIC) HAS BEEN USED TO FORM THE GROUPS AND BROAD INDUSTRY GROUPS.

LOCAL

VOLUME OF OF PRICE

STANDARD INDUSTRY

ON THE WHICH IS CENTRE, OR AT THE

MORE DETAILED INFORMATION CAN BE FOUND IN THE "REPORT QUARTERLY INDEX OF INDUSTRIAL PRODUCTION, 2ND QUARTER 1992", ON SALE AT $3.5 A COPY AT THE GOVERNMENT PUBLICATIONS SALES GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL, CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, 19TH FLOOR, HANCHAI TOWER 1, 12 HARBOUR ROAD, WAN CHAI.

SUBSCRIPTION MAY ALSO BE ARRANGED.

REGULAR

FURTHER ENQUIRIES ABOUT THE SURVEY MAY BE DIRECTED TO THE INDUSTRIAL RESEARCH SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON TELEPHONE 839 3238.

/INDEXES OF