Release No. 88, 2013
30th December 2013
The All Group Industrial Production Index (IPI) for the September quarter of 2013 stood at 124.4. The index is compared to those of earlier periods in order to gauge changing volumes of output from industrial production. For instance, the September quarter of 2013 index of 124.4 is 24.4 per cent higher than the base year (2008) index of 100.0.
Compared to the June quarter of 2013 a 5.7 per cent increase was registered in the All Group Index. Driving this increase were higher volumes of production in; mining & quarrying, frozen poultry, meat, canned fish, fruits and vegetables, edible oil, coconut oil, dairy products including ice-cream, rice milling, flour milling, other grain mill products, sugar, sugar confectionery, starch products, other food n.e.c, animal feed, alcoholic spirits, wine, beer, non alcoholic drinks including soft drinks, mineral water, yaqona, cigarettes, wearing apparel, footwear & leather products, saw-milling & planing of wood, manufacture of products of wood, cork, plaiting material, paper, paper & paper board, other articles of paper & paper board, printing, fertilizer, agrochemicals, paints & vanishes, soap & detergent, other chemical products, pharmaceuticals, rubber tyres & tubes, plastic products, glass and glass products, cement, concrete products, cutting, shaping of stone, basic metal, casting of metals, structural metal products, other fabricated metal products, coachwork, building of ships & floating structure, jewellery, other manufacturing n.e.c, repair of machinery, repair of electrical equipment and water.
Compared to the September quarter of 2012 a 3.3 per cent decrease was recorded in the All Group Index due to lower volumes of production in; fruits and vegetables, bread, cakes, biscuits, non alcoholic drinks including soft drinks, mineral water, yaqona, cigarettes, footwear & leather products, paper & paper board, other articles of paper & paper board, printing, soap & detergent, other chemical products, pharmaceuticals, cement, concrete products, cutting, shaping of stone, basic metal, casting of metals, coachwork, building of ships & floating structure, jewellery, other manufacturing n.e.c, repair of machinery, repair of electrical equipment and electricity.
The All-Group Index including sugar showed an increase when compared to the June quarter of 2013 but a decline when compared to the September quarter of 2012. The All-Group Index excluding sugar showed an increase when compared to the June quarter 2013 and the September quarter 2012. Since sugar production is seasonal, most of the crushing is done 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 impact on the overall index.
The mining & quarrying index stood at 263.5. The index showed an increase when compared to the previous quarter and also to the previous corresponding quarter. Higher grades of ore being extracted during the quarter was the major contributing factor to the increase.
The frozen poultry, meat and canned fish index stood at 126.7. The index showed an increase when compared to the previous quarter and also to the previous corresponding quarter. An increase in local demand contributed to the increase.
The dairy products including ice-cream index stood at 79.1. The index showed an increase when compared to the previous quarter and also to the previous corresponding quarter. The production level depends on market demand.
The rice, flour & other grain mill products index stood at 112.6. The index showed an increase when compared to previous quarter and also to the previous corresponding quarter. The sales volume influences production levels.
The sugar index stood at 197.8. The index showed an increase when compared to the previous quarter and also to the previous corresponding quarter. This was due to better operational and production results of the mills during the 2013 crushing season.
The alcoholic drinks index stood at 121.7. The index showed an increase when compared to the previous quarter and also to the previous corresponding quarter. The production of this commodity is influenced by market demand.
The non alcoholic drinks & cigarettes index stood at 101.7. Compared to the previous quarter the index showed an increase but a decline when compared to the previous corresponding quarter. The production of this commodity is influenced by market demand.
The wearing apparel index stood at 128.9. The index showed an increase when compared to the previous quarter and also to the previous corresponding quarter. The production of wearing apparel are largely dependent on orders received.
The saw-milling & planing of wood and manufacture of products of wood, cork plaiting material index stood at 152.2. The index showed an increase when compared to the previous quarter and also to the previous corresponding quarter.
The paper & paper board, other articles of paper and printing index stood at 97.2. Compared to the previous quarter the index showed an increase but a decline when compared to the previous corresponding quarter.
The cement, concrete products, cutting & shaping of stone, basic metal and casting of metal index stood at 139.1. Compared to the previous quarter the index showed an increase but a decline when compared to the previous corresponding quarter.
The manufacture of furniture index stood at 93.2. Compared to the previous quarter the index showed a decline but an increase when compared to the previous corresponding quarter. The increase or decrease of the furniture index largely depends on orders received.
The electricity index stood at 105.6. The index showed a decline when compared to the previous quarter and also to the previous corresponding quarter. The movement of the electricity index reflects usage.
The water index stood at 107.1. The index showed an increase when compared to the previous quarter and also to the previous corresponding quarter.
For further enquiries please contact Ms Salome Madraniceva on Telephone 3315822 extension 120 or email
