Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697810787861.pdf (Mauritius)
Quarterly Index of Industrial Production (QIIP) First Quarter 2021 (Base year: 2013 =100) 1.

Introduction The Index of Industrial Production shows the evolution of the volume of output of the Industrial Sector, which covers “Mining and quarrying”, “Manufacturing”, “Electricity, gas, steam and air conditioning supply” and “Water supply; sewerage, waste management and remediation activities”.

The value added of these activities accounts for around 18% of Gross Value Added (GVA).
The index compiled on a quarterly basis is one of the most important industrial short-term indicators, which aims at measuring, on a quarterly basis, the changes in the volume of industrial output.

2.

Contents of publication This issue of “Economic and Social Indicators” presents the quarterly indices for the first quarter of 2014 to the first quarter of 2021 with weights based on the results of the 2013 Census of Economic Activities.
The indices are given separately for the four sections, namely, “Mining and quarrying”, “Manufacturing”, “Electricity, gas, steam and air conditioning supply” and “Water supply; sewerage, waste management and remediation activities”.

Within “Manufacturing”, estimates by broad group, namely “Export Oriented Enterprises” (EOE), “Non-EOE” and “Sugar milling” as well as by main industry group are given.
Wherever possible, the annual averages of the quarterly indices have been worked out and included in the tables.

It is to be noted that, due to incomplete data, indices for the first quarter of 2021 are provisional and published at section and broad group level only.

They are therefore subject to revision in future issues of the Economic and Social Indicators on QIIP.

The published indices are not seasonally adjusted.


The user is therefore advised to base comparisons for a particular quarter of a year on the corresponding quarter of the previous year.

The methodology used for the computation of QIIP including its limitations, are given at Annex.

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Overall index - Industrial Sector In the first quarter of 2021, the overall index of industrial production contracted by 14.5% compared to the previous quarter and by 5.6% when compared to the corresponding quarter of 2020.

For year ending first quarter 2021, i.e.

second quarter 2020 to first quarter 2021, real industrial output contracted by 17.9%.
This is explained by contractions in “Mining and quarrying” (-15.9%), “Manufacturing” (-18.9%), “Electricity, gas, steam and air conditioning supply” (-15.4%) and “Water supply; sewerage, waste management and remediation activities” (-2.7%).

2 4.

Changes by section 4.1 Mining and quarrying “Mining and quarrying” comprises activities relating to quarrying of decorative stones, sand and salt extraction as well as stone crushing and represents only 2% of the output of the industrial sector.
In the first quarter of 2021, real output went down by 31.6% compared to the previous quarter and by 0.6% compared to the corresponding quarter of 2020.

In year ending first quarter 2021, production went down by 15.9% (Table 1).

3 4.2 Manufacturing Manufacturing output, which covers the production of a wide range of goods, represented 88% of the output of the industrial sector in 2013.
For analysis purposes, “Manufacturing” is broken down into the following broad groups:  Sugar milling representing 2% of manufacturing output  EOE (39%)  Non–EOE (59%) Manufacturing output in the first quarter of 2021 went down by 18.5% compared to the previous quarter and by 5.5% when compared to the corresponding quarter of 2020 (Table 1).

In year ending first quarter 2021, a negative growth of 18.9% was noted in real manufacturing output.
This is due to contractions in “Sugar milling” (-13.0%), “EOE” (-22.1%) and “Non- EOE” (-18.1%).

The performances of “EOE” and “Non-EOE” by detailed industry group up to fourth quarter 2020 are analysed separately in Section 5.

4.3 Electricity, gas, steam and air conditioning supply “Electricity, gas, steam and air conditioning supply” accounts for 8.0% of the output of the industrial sector.
In the first quarter of 2021, real output of this sector expanded by 14.3% compared to the previous quarter and contracted by 9.2% compared to the corresponding quarter of 2020.

In year ending first quarter 2021, production declined by 15.4% (Table 1).

4 4.4 Water supply; sewerage, waste management and remediation activities “Water supply; sewerage, waste management and remediation activities” accounts for around 2% of the output of the industrial sector.
In the first quarter of 2021, real output of this sector went down by 9.8% compared to the previous quarter and by 0.2% when compared to the corresponding quarter of 2020.

In year ending first quarter 2021, real output contracted by 2.7% (Table 1).

5.

Changes by broad group 5.1 Export Oriented Enterprises (EOE) Real output of EOE sector contracted by 3.9% in the first quarter of 2021 compared to the previous quarter and by 8.8% compared to the corresponding quarter of 2020.
In year ending first quarter 2021, the EOE sector registered a negative growth of 22.1% (Table 1).

5 Lower level indices for the first quarter of 2021 are not yet available.

However, an indication of the annual performance at sub-group levels can be obtained by comparing indices available for year 2020 to those for year 2019 (Table 3).

Real output of “Wearing apparel”, the most important industry group within the EOE, contracted by 31.7% and that of “Textiles” by 25.8%.
These two sub-groups account for almost 69% of the total weight allocated to the EOE.

Contractions were also noted in “Food products” (-9.9%), “Computer, electronic and optical products” (-23.9%), “Jewellery, bijouterie & related articles n.e.c.” (-18.7%) and “Other manufacturing” (-11.2%).

Details of changes at sub-group level are shown in Chart 8.
5.2 Non-EOE excluding “Sugar milling” In the first quarter of 2021, the real output of Non-EOE sector contracted by 22.6% compared to the previous quarter and by 4.1% when compared to the corresponding quarter of 2020.

In year ending first quarter 2021, it went down by 18.1% (Table 1).

6 The annual performance at sub-group level is obtained by comparing the detailed indices available for year 2020 to those for year 2019 (Table 4).
Contractions were noted in “Food products excluding sugar” (-7.7%), “Beverages” (-14.6%), “Textiles & wearing apparel” (-34.9%), “Printing and reproduction of recorded media” (-31.3%), “Chemicals & chemical products” (-10.3%), “Plastic and non-metallic product” (-11.6%), “Basic metals and fabricated metal products” (-9.6%), “Furniture” (-11.8%) and “Other manufacturing” (-34.8%); as illustrated in Chart 10.
Statistics Mauritius Ministry of Finance, Economic Planning and Development PORT LOUIS June 2021 Contact Persons: Mrs. V. Rama - Lahootan (Statistician) Mrs. J. Rambojun (Senior Statistical Officer) Manufacturing Unit Statistics Mauritius 5th Floor LIC Building Port Louis Tel.
: (+230) 208 1800 E-mail: sm-qiip@govmu.org Table 1: Index of industrial production by industry group - annual and quarterly indices, Q1 2014 to Q1 2021 Manufacturing NSIC Division/Subclass Weight (Year 2013) Annual Industrial sector 05 - 33, 35 - 39 1000 2014 2015 2016 2017 2018 2019 2020 Quarterly 2014 Q1 Q2 Q3 Q4 2015 Q1 Q2 Q3 Q4 2016 Q1 Q2 Q3 Q4 2017 Q1 Q2 Q3 Q4 2018 Q1 Q2 Q3 Q4 2019 Q1 Q2 Q3 Q4 2020 Q1 Q2 Q3 Q4 2021 Q1 % change, latest quarter over: 1 previous quarter same quarter a year ago % growth in output in year ending: first quarter 2021 1 Provisional -14.5 -5.6 -17.9 Mining and quarrying Total 05 - 09 10 - -31.6 - -18.5 -5.5 -15.9 -18.9 Total exc.
sugar milling 10 - 33 except -18.4 -5.6 -18.9 Sugar milling EOE Non-EOE -28.6 10.8 -13.0 10 - 33 10 - -3.9 -8.8 - -22.6 -4.1 -18.1 Base period: Year 2013 = 100 Electricity, gas, steam and air conditioning supply Water supply; sewerage, waste management & remediation -9.2 -15.4 36- -9.8 -0.2 -2.7 7 Table 2: Index of industrial production by main industry group of the manufacturing sector, Q1 2014 to Q4 2020 Main industry group Base period: Year 2013 = 100 Total manufacturing Food incl.
sugar Beverages Textile Wearing apparel Printing & reproduction of recorded media Chemical products Non Metallic products Basic metals& fabricated metals Furniture NSIC Division 10 -33 Weight (Year 2013) Annual 2014 2015 2016 2017 2018 2019 2020 Quarterly 2014 Q1 Q2 Q3 Q4 2015 Q1 Q2 Q3 Q4 2016 Q1 Q2 Q3 Q4 2017 Q1 Q2 Q3 Q4 2018 Q1 Q2 Q3 Q4 2019 Q1 Q2 Q3 Q4 2020 Q1 Q2 Q3 Q4 % change, latest quarter over: previous quarter same quarter a year ago % growth in output in year : -11.2 - -7.0 - -10.6 - -10.3 - -17.4 - -41.2 -27.5 20 & 21 22 & 23 24 & -14.3 -16.7 -2.0 55 90.1 88.2 76.5
115.8 99.3 -14.3 -16.7 - - - -17.4 -12.0 Other 15-17, 19, 26- -18.4 -28.4 8 Table 3: Index of industrial production by main industry group of the EOE sector, Q1 2014 to Q4 2020 Base period: Year 2013 = 100 EOE, Manufacturing Food products Textiles Wearing apparel Computer, electronic & optical products Main industry group NSIC Division/Subclass 10 - 33 Weight (Year 2013) Annual Quarterly 2014 2015 2016 2017 2018 2019 2020 2014 Q1 Q2 Q3 Q4 2015 Q1 Q2 Q3 Q4 2016 Q1 Q2 Q3 Q4 2017 Q1 Q2 Q3 Q4 2018 Q1 Q2 Q3 Q4 2019 Q1 Q2 Q3 Q4 2020 Q1 Q2 Q3 Q4 % change, latest quarter over: previous quarter same quarter a year ago % growth in output in year : -9.3 -11.4 - -9.9 13 118 94.1 93.6 88.1 92.2 87.4 81.1 60.2 81.1 109.6 103.7 82.1 83.7 112.0 91.6 87.0 79.4 90.1 90.5 92.2 92.4 95.1 90.7 90.6 81.1 91.3 89.6 87.7
 73.3 98.9 76.3 76.2 63.2 34.8 68.7 74.0 7.6 -2.9 - -13.2 -20.1 - -10.5 -0.4 -23.9 Jewellery -18.4 -18.7 Other manufacturing 11-18, 20-22, 25, 27, 32 except -17.4 -13.5 -11.2 Table 4: Index of industrial production by main industry group of the Non-EOE sector (exc.
Sugar), Q1 2014 to Q4 2020 Base period: Year 2013 = 100 Non-EOE, manufacturing Food excl.
Sugar Beverages 10- -12.1 - -9.4 - -9.0 -14.6 Main industry group Printing and reproduction of recorded media Chemicals & chemical products Plastic & non metallic product Basic metals & fabricated metal products Furniture -45.4 - -6.9 -10.3 22 & 23 24 & -0.4 11.0 - - -17.2 -11.8 Textiles & wearing apparel 13 &14 49 95.1 100.9 107.2 112.9 122.2 135.4 88.2 71.0 80.2 92.4 136.9 78.6 84.1
-21.6 -34.9 Other 15-17, 19, 26- 30, 32- -27.2 -34.8 NSIC Division Weight (Year 2013) Annual Quarterly 2014 2015 2016 2017 2018 2019 2020 2014 Q1 Q2 Q3 Q4 2015 Q1 Q2 Q3 Q4 2016 Q1 Q2 Q3 Q4 2017 Q1 Q2 Q3 Q4 2018 Q1 Q2 Q3 Q4 2019 Q1 Q2 Q3 Q4 2020 Q1 Q2 Q3 Q4 % change, latest quarter over: previous quarter same quarter a year ago % growth in output in year : 2020 1 0 Annex Quarterly Index of Industrial Production (QIIP) Methodology for the computation of the QIIP 1.
Introduction The Index of Industrial Production shows the movement of the volume of output of the Industrial Sector.

Prior to 2001, the index was calculated annually and published in the Digest of Industrial Statistics.

Following the needs expressed by various institutions, both public and private, Statistics Mauritius started to compile and disseminate the index on a quarterly basis as from the first quarter of 2001.
The compilation and dissemination of high frequency (monthly/quarterly) Index of Industrial Production is also one of the requirements of the International Monetary Fund (IMF) Special Data Dissemination Standard (SDDS).

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Objectives The Quarterly Index of Industrial Production (QIIP) is one of the most important industrial short-term indicators which aims at measuring, on a quarterly basis, the ups and downs of the volume of industrial output with a special focus on detecting, as early as possible, the turning points of the business cycle.
This enables planners, decision makers and the business community at large to be aware of any sign of change in the progress of the economy in order to take appropriate and timely measures.

The index provides useful and reliable inputs for the estimates of quarterly and annual value added for the Industrial Sector.

3.

Concepts and definitions Basically, the Index of Industrial Production is a measurement of the change in real value added (value added at constant price).
Value added is defined as the difference between output and input.

Computation of quarterly value added at current and constant prices requires data on inputs and outputs in the different industry groups within a given time frame.

In the absence of the detailed data required, an approximation of the index is based on change in deflated turnover, physical quantity of goods produced and other indicators of change in real value added generated by industrial enterprises.
The indicators/methods used in compiling QIIP and data sources by sector/industry group are given at section 5.

4.

Scope and classification The indices are compiled by industry group according to the National Standard Industrial Classification Rev.2 (NSIC Rev.2), based on the UN International Standard Industrial Classification Rev.4 (ISIC Rev.4).
The Quarterly Index of Industrial Production covers the Industrial Sector, which comprises the following sections of NSIC Rev.2: Section B: Mining and quarrying; Section C: Manufacturing; Section D: Electricity, Gas, Steam and Air Conditioning Supply; and Section E: Water Supply; Sewerage, Waste Management and Remediation Activities 5.

Indicators and data sources ii The table below shows price and volume indicators used as well as corresponding data sources by industry group.
Sector/Industry group Indicators used Data sources Mining and quarrying Value added deflated by relevant components of Consumer Price Index (CPI)  Quarterly survey of establishments  Monthly and quarterly data from VAT Department Industry groups within manufacturing (excluding sugar milling) Turnover data deflated by:  Monthly and quarterly data from VAT (i) Export Price Index (EPI) for EOE (ii) Producer Price Index – Manufacturing (PPI-M) for Non- EOE (iii) Relevant components of CPI for small establishments Department  Quarterly exports statistics  Quarterly Stock Survey  Expenditure on “Clothing and footwear” from the Continuous Multi- Purpose Household Survey (CMPHS) for small establishments engaged in the manufacture of these products.
 Building permits statistics for small establishments the manufacture fabricated metal products and wooden furniture.

engaged in Sugar milling Electricity, gas, steam and air conditioning supply Water supply; sewerage, waste management and remediation activities Gross output deflated by sugar prices and inputs deflated by a weighted price index based on relevant components of CPI.
Volume of electricity produced Volume of water sold used as volume indicator for water supply and waste management services; Value added deflated by relevant components of CPI for other activities.

 Annual survey of establishments  Production of sugar and prices from Mauritius Sugar Syndicate  Quarterly returns from Central Electricity Board and Independent Power Producers (IPPs)  Quarterly returns from Central Water Authority  Monthly and quarterly data from VAT Department 6.
Weights Weights for the QIIP are derived from value added by detailed industry group (5-digit subclass level) compiled from the Census of Economic Activities (CEA).

The current weights is based on the results of the 2013 CEA.

For the manufacturing sector the weights are computed separately for Export Oriented Enterprises (EOE) and Non-EOE sub-sectors.

Prior to 2008, the weight of the Non-EOE sub-sector was based on large establishments (engaging 10 or more persons) only.
As from 2008, value added of small establishments (engaging less than 10 persons) has been considered in the calculation of the weights.

7.

Reliability of the indices iii The practical difficulties in compiling an index showing the evolution of value added at constant prices requires a number of approximation methods which are listed at section 5.

Each of these methods has a number of constraints, the main ones being: Deflated turnover:  Quality of the data from the different sources.
The output figures in a given industry group may include output of some other activities (secondary activities) which should have been classified elsewhere;  Time-lag between production and sales may lead to a late identification of a turning point in the business cycle;  Turnover data need to be adjusted for changes in stocks for a true picture of production.
This exercise is partly done, based on available information from the Quarterly Stock Survey;  The quality of the index is subject to the precision and relevance of the different price indices used for deflation; and  The base year ratio of value added to gross output is maintained throughout the period covered by the indices, when, in fact, the ratio may change as a result of technological changes, productivity changes as well as seasonal variation in the production structure.
Volume of production:  does not take account of quality changes Indirect Indicators  In the absence of data for small establishments, indirect indicators such as household consumption expenditure and building permits are used for activities concerned In spite of the above limitations, it is observed that the index shows relative consistency and is of reliable quality for the measurement of quarterly and other changes.
However, great care should be taken when interpreting small changes at the more detailed level.

8.

Index calculation The QIIP is calculated according to Laspeyre's index as follows:  Wi (Qit/Qio) It = X 100  Wi with It Wi = index for quarter t = weight for activity i (Qit/Qio) = is the growth in real value added of activity i in quarter t relative to the base year as estimated by an appropriate proxy indicator