Manufacturing Output Up in 2000
Manufacturing output for the whole year 2000 increased by 14.0 percent in volume and 23.4 percent growth in value. The growth in volume exceeded the 3.5 percent growth in 1999 and the growth in the value of production also surpassed the 8.6 percent growth the previous year.
Paper & paper products had the highest year-on-year growth among the sectors registering a 43.2 percent increase in its VoPI.
Other sectors with double-digit growth in 2000 were electrical machinery (32.4%), miscellaneous manufactures (29.1%), furniture & fixtures (19.3%), and wearing apparel (17.4%).
These positive developments were however affected by weakness in other sectors, like textile products (-23.1%), basic metals (-15.0%), wood & wood products (-4.7%), food manufacturing (-4.2%), rubber products (-3.9%), beverage (-1.7%), chemicals (-1.6%) and non-metallic mineral products (-0.9%).