Industrial Production Index

FBoS Release No: 5 , 2018
30th January 2018


The Industrial Production Index (IPI) is an economic indicator that measures production volume changes in the following industries; mining and quarrying, manufacturing, electricity and water.

Key Facts

  • The All Group Industrial Production Index(IPI) stood at 119.0 in the September quarter of 2017.This represented an
    increase of 4.0 percent when compared to the June quarter of 2017.IpiSep17a

The major index movements were as follows:

  • Mining and Quarrying Index rose by 1.9 percent;
  • Meat & Meat Products Index fell by 1.1 percent;
  • Sugar Index rose by 123.9 percent;
  • Non Alcoholic Beverages and Cigarettes Index rose by 8.7 percent;
  • Wearing Apparel Index rose by 5.8 percent; and
  • Electricity Index fell by 7.5 percent.
  • The All Group Index registered a 1.2 percent increase when compared to the September quarter of 2016.

 

The All Group Index including sugar showed an increase and excluding sugar recorded a decline when compared to the June quarter of 2017. However the All Group Index including sugar and excluding sugar showed an increase when compared to the September quarter of 2016. Sugar production is seasonal, with crushing carried out in the latter half of the year. Given the significant weight for sugar in the index, an increase or decrease in its production volume is bound to have an impact on the overall index.
Note: Refer to Table 1 for details

Industrial Highlights

Analysis of major industries are highlighted below. These should be read in conjunction with Table 1.

IpiSep17b

IpiSep17c

IpiSep17d

IpiSep17e

IpiSep17f

 Please find attached the following:

 Table 1: Quarterly Industrial Production Index.

CLICK HERE FOR RELATED TABLES

For further enquiries please contact Ms Kirti Karishma on email or telephone 331 5822 (ext. 386 243) or direct line 323 0843.

IPI for December quarter of 2017 will be released in March 2018.