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Industrial production of wearing apparel drops in 2006
15 Mar '07
3 min read
Producer price indices reflect the prices of local manufacturing output. They measure the actual prices (net of any discounts or rebates allowed to buyers, plus any surcharges) received by manufacturers. Transportation and other incidental charges are not included.
Comparing the fourth quarter of 2006 with a year earlier textiles (including knitting) industry (+0.1%). On the other hand, decreases in producer prices were noted in the machinery, equipment, apparatus, parts and components industry (-6.4%) and the wearing apparel (except footwear) industry (-0.5%) in the fourth quarter of 2006 compared with a year earlier.
Comparing the fourth quarter of 2006 with the third quarter of 2006, the producer price index for the manufacturing sector as a whole increased by 0.2%. For 2006 as a whole, the producer price index for the manufacturing sector increased by 2.3% compared with 2005.
Percentage change of the revised index of industrial production classified to the wearing apparel (except footwear) industry in the third quarter of 2006 compared with the third quarter of 2005 was -9.2%.
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Comparing the fourth quarter of 2006 with a year earlier textiles (including knitting) industry (+0.1%). On the other hand, decreases in producer prices were noted in the machinery, equipment, apparatus, parts and components industry (-6.4%) and the wearing apparel (except footwear) industry (-0.5%) in the fourth quarter of 2006 compared with a year earlier.
Comparing the fourth quarter of 2006 with the third quarter of 2006, the producer price index for the manufacturing sector as a whole increased by 0.2%. For 2006 as a whole, the producer price index for the manufacturing sector increased by 2.3% compared with 2005.
Percentage change of the revised index of industrial production classified to the wearing apparel (except footwear) industry in the third quarter of 2006 compared with the third quarter of 2005 was -9.2%.
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Census and Statistics Department, Hong Kong
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