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Provisional
statistics of Index of Industrial Production and Producer
Price Indices for Manufacturing Industries for Fourth Quarter
of 2003 and Whole Year of 2003
According to statistics released
by the Census and Statistics Department on 18th
Mar 2004, comparing the fourth quarter of 2003
with a year earlier, the paper products and printing
industry show increase in indices
of industrial production (2.0%) and decrease
in producer
price indices (-0.6%).
For 2003 as a whole, the index
of industrial production and the producer price
index fell by 0.3% and 1.7% respectively compared
with 2002.
Indices of industrial
production
Indices of industrial production
reflect changes in the volume of local manufacturing
output after discounting the effect of price changes.
The price changes are measured by the producer
price indices for manufacturing industries compiled
from data on producer prices of industrial goods/services
collected from the same survey.
Producer price indices
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.
Source: Census
& Statistics Department
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