intermediate products

intermediate products

the goods and services that are used as FACTOR INPUTS by firms in producing other goods or services. For example, steel is an intermediate good that has a variety of end-uses, including motor-car bodies, washing-machine shells, nuts and bolts, etc.

Intermediate products are not counted as part of gross national product in the NATIONAL INCOME ACCOUNTS where final goods and services are measured. See FINAL PRODUCTS, VALUE ADDED.

References in periodicals archive ?
The fertilizer production complex produces Ammonia and Nitric Acid which are intermediate products and Urea, Calcium Ammonium Nitrate, Nitro Phosphate and nitrogen Phosphorous Potassium which are final products.
To a question she said under economic package to support economic growth, customs duties and regularity duties on 236 tariff lines of raw materials and intermediate products have been reduced.
To a question, she said under economic package to support economic growth, customs duties and regularity duties on 236 tariff lines of raw materials and intermediate products have been reduced.
In the quarter, we faced margin compression in our intermediate products in both our core business and equity earnings.
According to the diploma, there is also a tax exemption on the transfer of goods to be used as raw materials, intermediate products and components for the manufacture of medicines, as well as the implements to be incorporated into the human body according to medical techniques.
In addition to intermediate products in the gas-chemical industry, the plant has already begun manufacturing end consumer products, including analytical methanol used in laboratories as a chemical reagent.
By product type, the quinoa market is segmented as quinoa grain, intermediate products and processed products.
By main industrial group, in relation to December 2017, production in December 2018 grew by 23.9 percent in energy, 4.6 percent in intermediate products except energy, 2.4 percent in capital products and 10.5 percent in non-durable goods for general consumption.
The boiling motions in the cores of lower-mass stars help mix intermediate products of fusion reactions, allowing them to fuse hydrogen more efficiently.
Espenilla said the projected higher current account shortfall reflects strong import growth due to the increase in imports consisting of capital goods, raw materials, and intermediate products to support the requirements of the rapidly growing economy.
Regarding the benefits for Pakistan in providing such exemptions, it is apprised that concession being offered by Pakistan are primarily on capital goods, raw materials and intermediate products.
RIL's Q4 earnings were driven by strong petchem performance that came from higher volumes from new paraxylene, refinery offshore caracker (ROGC) and downstream units, and higher margins from polypropylene, polyester and fiber intermediate products.

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