Textiles including knitting industry output up in Q4 2007
14 Mar '08
3 min read
For 2007 as a whole, the index of industrial production for the manufacturing sector decreased by 1.5% compared with 2006.
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 2007 with a year earlier, the fabricated metal products (except machinery and equipment) industry had the largest increase in producer prices (+4.9%), followed by the textiles (including knitting) industry (+3.4%), the plastic products industry (+2.5%) and the wearing apparel (except footwear) industry (+2.3%).
On the other hand, decreases in producer prices were noted in the machinery, equipment, apparatus, parts and components industry (-2.6%) and the consumer electrical and electronic products industry (-1.8%) in the fourth quarter of 2007 compared with a year earlier.
Comparing the fourth quarter of 2007 with the third quarter of 2007, the producer price index for the manufacturing sector as a whole increased by 2.0%.
For 2007 as a whole, the producer price index for the manufacturing sector increased by 3.0% compared with 2006.