XN000022-1994-01-14 — Page 12

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FRIDAY, JANUARY 14, 1994

AFTER DISCOUNTING FOR THE INCREASE IN CONSUMER PRICES BETWEEN SEPTEMBER 1992 AND THE SAME MONTH LAST YEAR, THE REAL INDEX OF PAYROLL PER PERSON ENGAGED IN SEPTEMBER 1993, AS COMPARED WITH THAT IN SEPTEMBER 1992, INCREASED BY 2.4% FOR THE MANUFACTURING SECTOR, 5.6% FOR THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS SECTOR, AND 5.2% FOR THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR..

DETAILED BREAKDOWNS OF THE ABOVE STATISTICS ARE AVAILABLE FROM THE QUARTERLY REPORT OF EMPLOYMENT, VACANCIES AND PAYROLL STATISTICS, SEPTEMBER 1993 AND THE QUARTERLY REPORT OF EMPLOYMENT AND VACANCIES AT CONSTRUCTION SITES, SEPTEMBER 1993.

THEY ARE NOW AVAILABLE AT $17 A COPY AND $10.5 A COPY RESPECTIVELY AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, HONG KONG AND AT THE PUBLICATIONS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON THE 19TH FLOOR, WANCHAI TOWER, 12 HARBOUR ROAD, WAN CHAI, HONG KONG.

INDEX OF INDUSTRIAL PRODUCTION FOR THIRD QUARTER 1993

THE INDEX OF INDUSTRIAL PRODUCTION IN THE THIRD QUARTER OF LAST YEAR RECORDED VIRTUALLY NO CHANGE AS COMPARED WITH THE SAME QUARTER IN 1992, ACCORDING TO A SURVEY CONDUCTED BY THE CENSUS AND STATISTICS

DEPARTMENT.

THE PAPER PRODUCTS AND PRINTING INDUSTRY GROUP CONTINUED TO REGISTER A MARKED INCREASE IN PRODUCTION, BY 18.7%.

THE BROAD INDUSTRY GROUP OF ELECTRICAL AND ELECTRONIC PRODUCTS, MACHINERY, PROFESSIONAL EQUIPMENT AND OPTICAL GOODS REGISTERED A MODERATE INCREASE OF 4.5% IN PRODUCTION.

WITHIN THIS GROUP, THE PRODUCTION OF MACHINERY, EQUIPMENT, APPARATUS, PARTS AND COMPONENTS INCREASED NOTABLY BY 10.7%, WHEREAS THE PRODUCTION OF CONSUMER ELECTRICAL AND ELECTRONIC PRODUCTS FELL MARGINALLY BY 1.6%.

THE WEARING APPAREL INDUSTRY ALSO SHOWED A MILD INCREASE OF 3.3% IN PRODUCTION.

ON THE OTHER HAND, THE BROAD INDUSTRY GROUP OF CHEMICALS, RUBBER, PLASTIC AND NON-METALLIC MINERAL PRODUCTS RECORDED A SIGNIFICANT DECREASE OF 12.6% IN PRODUCTION. WITHIN THIS GROUP, THE PRODUCTION OF PLASTICS PRODUCTS FELL EVEN MORE MARKEDLY BY 17.8%.

THE TEXTILES (INCLUDING KNITTING) INDUSTRY RECORDED A NOTABLE DECREASE OF 10.1%. THE PRODUCTION OF BASIC METALS AND FABRICATED METAL PRODUCTS ALSO DROPPED BY 6.4%.

THE PRODUCTION OF FOOD, BEVERAGES AND TUBACCO RECORDED A MILD DECREASE OF 3.1%.

COMPARED WITH THE SECOND QUARTER OF LAST YEAR, THE INDEX OF INDUSTRIAL PRODUCTION POSTED A SIGNIFICANT INCREASE OF 12.4%. THIS INCREASE WAS, HOWEVER, LARGELY SEASONAL AS MANUFACTURING ACTIVITIES USUALLY ENTER INTO PEAK SEASON IN THE THIRD QUARTER.

/THE INDEX