Industrial Production Index - Quarter 2 2011
[Base: Average 4 quarters 2005 = 100]

The Provisional All Group Industrial Production Index (IPI) for Quarter 2, 2011 stood at 96.5 compared to 100.0 in the base year 2005 indicating an overall decline of 3.5 per cent in the volume of production.

Compared to the previous quarter a 5.6 per cent increase was registered in the All Group Index. Driving this increase were higher volumes of production in meat & meat products, fruit and vegetables, edible & coconut oil, dairy products, grain mill products, animal feed, bakery products, sugar, sugar confectionery, other food nec, beverages, cigarettes, wearing apparel, leather products including footwear, wood & products of wood, paper & paper products, publishing, printing, chemicals & chemical products, rubber & plastic products, other non- metallic mineral products, basic metals, manufacture of machinery & equipment nec,assembly of electrical machinery apparatus nec, coachwork, ship building, furniture made of wood, furniture made of any other material, upholostery, and water.

Both the All Group indices ie including and excluding sugar, recorded an increase when compared to the previous quarter and a slight decline when compared to the previous corresponding quarter. Sugar production, which occurs in the later half of the year, has a significant influence on the index therefore any change in the production volume is bound to impact on the overall index.