Industrial Production Index
Quarter 4 & Annual 2007
Press Release No. 17, 2008
Date: 14 April 2008
The Industrial Production Index (IPI), is one of "constant price" and do not reflect changes in prices.
It is based on "representative" physical output from each industrial group.
Quarter 4 2007
Provisional All Group Index for Quarter 4, 2007 stood at 143.4.
Compared to the previous quarter a 6.5% decrease was registered in the All Group Index.
Decreases were registered in the indices of food, beverage & tobacco; miscellaneous chemical
products and cement & concrete products whilst increases were recorded in the indices of
mining and quarrying; garments & footwear; wood & wood products including furniture & upholstery;
paper & paper products, printing & publishing; structural metal products and electricity and water.
Compared to previous corresponding quarter a 5.1% increase was registered in the All Item Group
Index. Increases were registered in the indices of food, beverage & tobacco; wood & wood products
including furniture & upholstery; paper and paper products; printing & publishing and electricity
and water whilst decreases were registered in the indices of mining & quarrying; garment & footwear;
miscellaneous chemical products; cement & concrete products and structural metal products.
The All-Group Index including sugar shows a decline when compared to the previous quarter but an
increase when compared to the previous corresponding quarter. The All Group Index excluding sugar shows
an increase when compared to the previous and also to the previous corresponding quarter. Since
sugar production is seasonal, most of the crushing is done in the later half of the year. Due to
the high weight sugar has, a slight increase or a decrease in its production has an impact on the overall
index as well as in the sub-group index.
Annual
Provisional All Group Index for 2007 stood at 130.0
Compared to 2006 the IPI registered at 1.5% decrease in the All-Group Index. Decreases were registered
in the indices of mining and quarrying; miscellaneous chemical products; cement & concrete products
and structural metal products whilst increases were recorded in the indices of food, beverages &
tobacco; garment & footwear; wood & wood products including furniture & upholstery; paper & paper
products, printing & publishing and electricity and water.
If you want more detailed information on the Industrial Production Index for
quarter 4 & annual 2007, please contact the Fiji Islands Bureau of Statistics at:
P.O.Box 2221
Government Buildings
Suva, FIJI
Tel: (679) 331 5822
Fax: (679) 330 3656
OR
On email: info@statsfiji.gov.fj
OR
Contact : Ms Navilini Singh on 3315822 Ext. 117
IPI Quarter 1 2008 is expected to be released on 29 June 2008.
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