The industrial production index for the manufacturing sector rose 1.1% in the second quarter compared to a year earlier, following a 1.8% year-on-year increase in the first quarter. 

The corresponding producer price index increased 2.8% in the second quarter from a year earlier, the same as the year-on-year increase in the first quarter of 2004.

Comparing the second quarter of 2004 with a year earlier, the electrical and electronic products, machinery, professional equipment and optical goods industry had the largest increase in output (+14.5%), followed by the food, beverages and tobacco industry (+7.1%), the basic metals and fabricated metal products industry (+6.3%), and the wearing apparel (except footwear) industry (+2.3%).

Decreases in output were recorded for the chemical, rubber, plastic and non-metallic mineral products industry (-12.1%), the textiles (including knitting) industry (-9.8%), and the paper products and printing industry (-1.4%) in the second quarter compared with a year earlier.

On a seasonally adjusted basis, the index of industrial production for the manufacturing sector decreased  4.6% in the second quarter compared with the first quarter.

Plastics sees largest increase, year on year

Comparing the second quarter with a year earlier, the plastic products industry had the largest increase in producer prices (+3.2%), followed by the machinery, equipment, apparatus, parts and components industry (+1.8%), the fabricated metal products (except machinery and equipment) industry (+1.1%), the textiles (including knitting) industry (+1.0%), and the paper products and printing industry (+0.1%).

Decreases in producer prices were recorded for the consumer electrical and electronic products industry (-5.8%) and the wearing apparel (except footwear) industry (-0.1%) in the second quarter compared with a year earlier.

Comparing the second quarter with the first quarter, the producer price index for the manufacturing sector as a whole increased 0.2%.