TNAG-1483-FCO40-2037-Economic-situation-in-Hong-Kong-1986 — Page 233

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

CHAPTER 5: ACTIVITY IN SELECTED SECTORS

Manufacturing

5.1

Following а decline of 5% in 1985, the quantity increased by 7% in the

index of manufacturing

(1)

output

first quarter of 1986 over the first quarter of 1985. When compared with the fourth quarter of 1985, and bearing in mind that this comparison is subject to seasonal influence, it was

15% lower.

5.2

As can be seen from the figures on domestic exports (paragraph 2.1), on the order-book positions of a selection of

large manufacturers included in the monthly survey on

/employment,

(1) A Quarterly Survey of Industrial Production was started in 1982 with the purpose of producing an index of industrial production for the whole manufacturing sector. These quarterly indices are intended to reflect the up-to-date levels and trends of net output at constant prices. The following table gives the overall manufacturing index, together with the indices for the five most important industry groups:

Quarterly quantity index of industrial production

(1981 = 100)

Consumer

electri-

Overall

manu- Wearing

cal and

Fabricated

electronic

facturing apparel Textiles

products

Plastic products

metal products

aaaa

1985 Q1 109.5

95.3

85.9

128.9

139.0

110.0

Q2

124.6

97.1

119.6

138.2

174.0

142.8

Q3

132.1

104.6

132.3

124.7

199.6

139.0

Q4 137.9

122.8

140.7

147.6

166.0

140.9

1986 Q1 116.8

102.5

100.9

135.2

137.6

104.3

39

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