Provisional statistics on index of industrial production and producer price index for manufacturing and waste management sectors for first quarter of 2025
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The index of industrial production for sewerage, waste management and remediation activities increased by 1.8% in the first quarter of 2025 compared with a year earlier, as against a year-on-year decrease of 0.7% in the fourth quarter of 2024. The corresponding producer price index increased by 1.3% in the first quarter of 2025 compared with a year earlier, following a year-on-year increase of 3.4% in the fourth quarter of 2024.
Indices of industrial production reflect changes in the volume of local industrial output after discounting the effect of price changes. The price changes are measured by the producer price indices compiled from data on producer prices of selected industrial goods/services collected in the same survey.
Comparing the industrial production in respect of major manufacturing industries in the first quarter of 2025 with that a year earlier, increases in output volume were recorded mainly in the paper products, printing and reproduction of recorded media industry (+2.9%), the metal, computer, electronic and optical products, machinery and equipment industry (+2.4%), and the textiles and wearing apparel industry (+0.8%). On the other hand, a decrease in output volume was recorded in the food, beverages and tobacco industry (-0.3%).
On a seasonally adjusted basis, the index of industrial production for manufacturing industries as a whole decreased by 0.5% in the first quarter of 2025 compared with the fourth quarter of 2024.
Producer price indices reflect changes in the prices of local output. They measure changes in the actual prices (net of any discounts or rebates allowed to buyers, plus any surcharges) received by producers for their output. Transportation and other incidental charges are not included.
Comparing the first quarter of 2025 with a year earlier, increases in producer prices were recorded mainly in the metal, computer, electronic and optical products, machinery and equipment industry (+9.7%), the paper products, printing and reproduction of recorded media industry (+3.5%), and the food, beverages and tobacco industry (+0.9%). On the other hand, a decrease in producer price was recorded in the textiles and wearing apparel industry (-0.5%).
Table 1 shows the year-on-year percentage changes in the indices of industrial production for manufacturing and waste management sectors by selected industry grouping. Table 2 shows the year-on-year percentage changes in the producer price indices for manufacturing and waste management sectors by selected industry grouping.
The revised figures on indices of industrial production and producer price indices for manufacturing and waste management sectors for the first quarter of 2025 will be released at the website of the C&SD (www.censtatd.gov.hk/en/page_8000.html) and relevant publications of the Department starting from July 18, 2025.
Users can browse and download the reports "Quarterly Index of Industrial Production for Manufacturing and Waste Management Sectors, 1st Quarter 2025" (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1070002&scode=310) and "Quarterly Producer Price Index for Manufacturing and Waste Management Sectors, 1st Quarter 2025" (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1070003&scode=280) at the website of the C&SD.
For enquiries about indices of industrial production and producer price indices for manufacturing and waste management sectors, please contact the Industrial Production Statistics Section of the C&SD (Tel: 3903 7247; email: ind-production@censtatd.gov.hk).
Ends/Thursday, June 12, 2025
Issued at HKT 16:30
Issued at HKT 16:30
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