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Increases were also recorded in the wearing apparel (except footwear) industry (+4.1%); the food, beverages and tobacco industry (+3.0%); the textiles (including knitting) industry (+2.8%); and the paper products and printing industry (+2.5%).
On the other hand, output of the chemical, rubber, plastic and non-metallic mineral products industry decreased by 7.5%. This was largely attributable to a decrease of 17.4% in the production of plastic products.
The basic metals and fabricated metal products industry also registered a decrease of 4.1%.
Compared with the first quarter of 1995, the index of industrial production showed a notable increase of 10.5%. This is consistent with the usual pick-up in manufacturing activities in the second quarter.
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, 2nd Quarter 1995" report, which is on sale at $11 a copy at the Government Publications Sales Centre, Low Block, ground floor, Queensway Government Offices, 66 Queensway, Hong Kong, or at the Census and Statistics. Department Publications Unit, 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 2805 6643.
Percentage changes in the indices of industrial production are shown in the table. As from the first quarter of 1992, the Hong Kong Standard Industrial Classification (HSIC) is used to form the industry groups and component industries.
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