Quarterly Index of Industrial Production (QIIP), 1st Quarter 2022
Highlights
(Year 2018 = 100)
In order to reflect the changes in the relative importance of products or product groups within the Industrial Sector, a new set of weights has been calculated with year 2018 as base period, the previous one being 2013. The weights for QIIP have been derived from the results of the 2018 Census of Economic Activities.
This issue of the Economic and Social Indicators on Quarterly Index of Industrial Production (QIIP) for the first quarter of 2022 will be posted on Statistics Mauritius website on 23 June 2022. QIIP aims at measuring, on a quarterly basis, the changes in the volume of or real output of the Industrial Sector comprising "Mining and quarrying", "Manufacturing", "Electricity, gas, steam & air conditioning supply" and "Water supply; sewerage, waste management and remediation activities". Please find below the highlights.
1. In the first quarter of 2022, the overall index of industrial production contracted by 12.7% compared to the previous quarter and expanded by 7.8% when compared to the corresponding quarter of 2021.
2. The performance of the sub-sectors within the industrial sector is as follows:
|
Growth rate (%) first quarter 2022 |
|
Over corresponding quarter 2021 |
Over previous quarter |
|
Mining and quarrying |
+17.5 |
-33.8 |
|
Manufacturing |
+7.9 |
-17.4 |
|
Electricity, gas, steam & air conditioning supply |
+9.0 |
+22.1 |
|
Water supply; sewerage, waste management and remediation activities |
+7.3 |
-2.5 |
|
Industrial Sector |
+7.8 |
-12.7 |
3. For the year ending first quarter 2022, i.e. second quarter 2021 to first quarter 2022, the real industrial output grew by 10.4%. This is explained by expansions in “Mining and quarrying" (+25.4%), “Manufacturing" (+12.0%), “Electricity, gas, steam and air conditioning supply" (+5.0%) and “Water supply; sewerage, waste management and remediation activities" (+7.5%)
23 June 2022
