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Compared with the first quarter of 1996, the index of industrial production showed a notable increase of 9.3%. This was 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 1996 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.
It is also available 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.
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