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Manufacturing Production Index Increases

  1 min 5 sec to read

Manufacturing Production Index in the first quarter of the current fiscal year increased by 1.23 per cent compared to the same period previous fiscal year, according to the data released recently by the Central Bureau of Statistics (CBS).
 
In the same period, the Manufacturing Producers’ Price Index increased 8.11 per cent, show the CBS data.
 
The highest increase in the production was in aluminium products (42 per cent) followed by rectified liquor and garment both of which increased over 34 per cent. The largest decline was in paper (other than newsprint) which registered a whopping reduction of ovr 64 per cent. That was followed by biscuits which declined over 51 percent. Among the other decliners were beer (17 per cent), soft drinks (26 per cent), sawn wood (24 per cent) and wire and cable (16 per cent).

 
Among the goods in which the price increased, the highest was in the sawn wood (132 per cent) followed by lube oil (78 per cent), ply wood (73 per cent) and paper excluding newsprint (72 per cent).
 

Among the goods in which the producers’ price decreased include iron rod and billets and plastic products (21 per cent) and soap and carton boxes (26 per cent each).

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