Thursday 19 March 2015

MEDIUM AND SMALL MANUFACTURING PRODUCTION INCREASED BY 4.74% IN 2014



Growth of medium and small manufacturing industry products increased by 4.74%in 2014 against 2013. The increase was attributed to increasing production of F&B by 10.56%; pharmaceutical, chemicals and traditional herbals 9.92% and electricity equipments 9.84%.

Data of the Central Board of statistics obtained on Friday (20/2) disclosed that small-and-medium manufacturing industry products posting growth in 2014 were: food (10.56%), pharmacy, chemical drugs, traditional herbals (9.92%; electricity equipments (9.84%), tobacco processing (8.52%), machineries excluding equipments, (8.16%), basic metal (6.12%) leather, leather goods and footwear, (5.92%), chemicals and chemical components (5.21%), other processed products, (4.86%), non metal excavated goods (3.55%), automotives, trailers and semi trailers, (3.47%), metals. Non-machinery and equipments (3.27%), ready clothes (1.87%), furniture (1.41%) and rubber, rubber goods and plastic wares (0.66%).

The type of industries posting production downturn in 2014 against 2013 were repair service industry and machinery installation (down by 5.81%), textile (5.56%) and other transportation (4.29%), computer, electronics and optical (4.01%); printing and media recording (0.78%).

Meanwhile growth of micro and small industry in 2014 increased by 4.91% against 2013. For over 3 years there had been increase of micro-and-small manufacturing industry increased by 7.51% against 2012 when it increased by 4.06% against 2011.

The types of micro-and-small manufacturing industries posting increase of more than 5% in 2014 against 2013 were: electricity equipment (17.15%), printing and reproduction of the recording industry (11.41%), food (7.65%), repairs and machinery installation (7.34%), other processing (6.80), furniture (6.30%) and automotives (5.60%).

The types of micro-and-small manufacturing industries posting downturn in 2014 against 2013 were tobacco processing (39.07%) machineries excluding equipments (13.27%), pharmaceuticals, chemical drugs and traditional herbs (9.54%), rubber, rubber goods and plastic wares (8.41%), other transportation (5.27%), non metal mining products, (4.24%), computers, electronic and optic goods, (2.70%), chemicals and chemical materials (1.55%); wood and wood products and woven rattan (1.26%). (SS) 

Business News - February 25, 2015

No comments: