Developments in Industrial Sector in the Fourth Quarter of 1990

Authors

Central Bank of Nigeria CBN, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Industrial Sector, Nigeria, Industry, Fourth Quarter

Abstract

The industrial sector recorded modest improvement in the fourth quarter of 1990. At 262.8 (1972=100), the index of industrial production showed increases of 7.8 and 4.2 per cent over the levels in the third quarter of 1990 and the fourth quarter of 1989, respectively. The improvement was attributed largely to illcreases of 7.2 and 3.6 per cent in mining and manufacturing output, respectively. Electricity consumption index, on the other hand, fel] below the level in the corresponding quarter of the previous year by 1.7 per cent.

Author Bio

The authors are staff of the Industrial Studies Office, Real Sector Division, Research Department, Central Bank of Nigeria

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

28

Recommended Citation

Central Bank of Nigeria (1990). Developments in Industrial Sector in the Fourth Quarter of 1990. CBN Economic and Financial Review. 28(4), 23-26.