2
1
Pagfe Index 987 building and contracting 348933 in eptember—its
he
highest level since the war.
Interim Index of Industrial Production
(average 1946 – 100)
All industries
Manufacturing industries
Points
1947-48
1948-49 increase 1947-48 1948-49
Points increase
December and January
117
123
February
123
130
4
March and April
121
128
May and June
120
132
12
111
118
124
132
877278
6
117
125
124
133
9
123
:
131
8.
123
136
13
113
121
8
127
136
...
July and August September
Coal
:
6. Output of deep-mined coal rose to a weekly average of 4.27 million tons in November. This was 4.3 per cent. greater than output in the corresponding period of 1948. During the week ended 3rd December, output rose even further to 4.36 million tons. Although the number of wage-earners on colliery books declined further from 710,000 at the end of October to 708,000 at 19th November, the number of workers at the coal face was maintained at 294,000 the same as at November 1948, but 5,000 less than in March of this year.
Number of wage-earners on colliery books (Thousands)
1948-
November
1949-
March
November 19
Workers at
Total
coal făce
724
294
727
299
708
294
7. The rate of absenteeism for all workers fell to 11.45 per cent. in November, i.e., to slightly less than the rate in November 1948, and output per man-shift overall rose to 1.21 tons.
8. Overseas shipments and bunkers rose to an average of 455,000 tons a week in October and in the first week of November exceeded 500,000 tons. This compares with a weekly average of 889,000 tons in 1938.
Iron and Steel
:
9. The output of steel ingots and castings in September and October was about 2 per cent. below the target of 312,000 tons a week, but output increased in November and was equal to the target rate.
10. Stocks of pig iron and of scrap continue to rise.
Textiles
11. The output of wool textiles made a good recovery in September after the summer holidays. Production of worsted yarn was 17.4 million lb.-2 per tent. below the peak figure reached in March. Deliveries of woven wool fabrics reached 24.8 million linear yards in September compared with the previous record of 24.6 million linear yards in March.
12.
There was a sharp increase in output of rayon yarn to a new record level of 27 million lb. in September. Output for the nine months to September amounted to 208 million lb. The target for the year is 300 million lb.
13. Output of cotton yarn rose to 20.85 million lb. in the fourth week of November the highest level since the war. Total production for the first 47 weeks of 1940 was 4.9 percent. greater than in the corresponding period of 1948. The target for 1949 requires an increase over actual production in 1948 of 91 per cent.
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