Quarterly Index of Industrial Production (QIIP), First Quarter 2014
(Year 2007 = 100)
The Quarterly Index of Industrial Production shows the evolution of the volume or real output of the Industrial Sector comprising “Mining and quarrying”, “Manufacturing”, “Electricity, gas, steam and air conditioning supply” and “Water supply; sewerage, waste management and remediation activities”. Within “Manufacturing”, estimates by broad group, namely “Export Oriented Enterprises (EOE)”, “Non-EOE” and “Sugar milling” as well as by main industrial groupings are given.
The Industrial Sector
1. In the first quarter of 2014, the overall index of industrial production contracted by 19.4% compared to the previous quarter and by 3.1% compared to the corresponding quarter of 2013.
2. The performance of the sub-sectors within the industrial sector is as follows:
||Over corresponding quarter of 2013
||Over previous quarter|
|Mining and quarrying
|Electricity, gas, steam and air conditioning supply
|Water supply; sewerage, waste management and remediation activities