XN000022-1993-11-04 — Page 7

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THURSDAY, NOVEMBER 4, 1993

RELATIONS

NEWSLETTER

THE UNIT ALSO PUBLISHES THE LABOUR REGULARLY FOR DISTRIBUTION TO MORE THAN 20,000 ESTABLISHMENTS WHICH EMPLOY 20 OR MORE PERSONS TO ENABLE EMPLOYERS AND EMPLOYEES TO GET UP- TO-DATE INFORMATION ON NEW OR AMENDED LABOUR LEGISLATION AS RELEVANT LABOUR RELATION SUBJECTS.

WELL AS

ENQUIRIES CAN BE MADE EITHER IN PERSON TO THE LRPU ON THE SIXTH FLOOR, HARBOUR BUILDING, 38 PIER ROAD, CENTRAL, ON TEL 852 3232 OR FAX ON 854 4723.

BY

INDEX OF INDUSTRIAL PRODUCTION FOR SECOND QUARTER

INDUSTRIAL

IN THE SECOND QUARTER OF 1993, THE INDEX OF PRODUCTION DROPPED BY 4% UNDER THE SAME QUARTER LAST YEAR, ACCORDING TO THE RESULTS OF A SURVEY RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

THE TEXTILES (INCLUDING KNITTING) INDUSTRY RECORDED A SIGNIFICANT DECREASE OF 13.8%. THE PRODUCTION OF BASIC METAL AND FABRICATED METAL PRODUCTS ALSO DROPPED BY 12.4%.

PLASTIC AND NON- MODERATE DECREASE OF 7.4%. PLASTIC PRODUCTS FELL MORE

THE INDUSTRY GROUP OF CHEMICALS, RUBBER, METALLIC MINERAL PRODUCTS RECORDED A WITHIN THIS GROUP, THE PRODUCTION OF NOTABLY BY 11.1%.

THE WEARING APPAREL INDUSTRY SHOWED A MILD DECREASE OF 2.9% IN

PRODUCTION.

A

THE BROAD INDUSTRY GROUP OF ELECTRICAL AND ELECTRONIC PRODUCTS, MACHINERY, PROFESSIONAL EQUIPMENT AND OPTICAL GOODS ALSO REGISTERED SLIGHT DECREASE OF 1.9%.

AND

WITHIN THIS GROUP, THE PRODUCTION OF CONSUMER ELECTRICAL ELECTRONIC PRODUCTS FELL BY 9.9% WHEREAS THAT OF MACHINERY, EQUIPMENT, APPARATUS, PARTS AND COMPONENTS INCREASED BY 8.4%.

THE PRODUCTION OF FOOD, BEVERAGES AND TOBACCO ALSO SLIGHTLY BY 1.3%.

DECREASED

2%

ON THE OTHER HAND, THE PAPER PRODUCTS AND PRINTING INDUSTRY GROUP CONTINUED TO REGISTER A MARKED INCREASE IN PRODUCTION, BY 14.2 WHEN COMPARED WITH THE SAME QUARTER LAST YEAR.

COMPARED WITH THE FIRST QUARTER OF 1993, THE INDEX OF INDUSTRIAL PRODUCTION SHOWED A NOTABLE INCREASE OF 12%. THE

WAS, HOWEVER, LARGELY SEASONAL AS MANUFACTURING ACTIVITIES

START TO PICK UP IN THE SECOND QUARTER.

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.

INCREASE USUALLY

OF LOCAL VOLUME OF OF PRICE

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