|  
                         Provisional 
                          Statistics of Index of Industrial Production and Producer 
                          Price Indices for Manufacturing Industries for the First 
                          Quarter of 2004  
                        According to statistics released by 
                          the Census and Statistics Department on 17th Jun, comparing 
                          the first quarter of 2004 with a year earlier, the paper 
                          products and printing industry show decrease in indices 
                          of industrial production (-5.5%) and in producer 
                          price indices (-0.4%). 
                        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   |