Date : 15.03.2004
THE RESULTS OF QUARTERLY MANUFACTURING INDUSTRY TENDENCY SURVEY
(Production  -  Sales  -  Price)
According to the primarily provisional results of 2351 establishment replied to the quarterly manufacturing industry tendency survey, rate of capacity utilisation that is weighted by production value, increased from 74.9 % in the fourth quarter of 2002 to 79.7 % in the fourth quarter of 2003.
In the fourth quarter of 2003, the biggest capacity utilisation weighted by production value was  recorded in   Manufacture of  radio,  television and  communication equipment  and in  Manufacture of medical precision and optical instruments with  93.5 %,  88.2 %,  respectively.
A general evaluation  has been  done in  the written  explanation on  the view of establishments for the present
situation  in the  fourth  quarter of  2003 and  expectation  for  the  first  quarter of 2004 about the reasons for not
working in full capacity, production, domestic sales, sales prices and raw material prices.
In the fourth quarter of 2003,  the reasons for not working in full capacity comparing to the same quarter of
previous   year,  shortage  of demands  in  domestic market   decreased  from  60.8  % to  55.4 % and shortage of
demands in foreign market increased from 13.4 % to 15.3 %, while financial  problems   decreased from  4.2 %  to
4.1 %.
When  the  balance values view of the establishments for  the  fourth quarter of   2003 compared  to the same quarter  of  the previous  year, establishments  have thought  that their production  decreased, domestic sales increased, raw material prices and sale prices decreased.
When  the  balance values expectation of the same establishments for the  first quarter of  2004 compared  to the same  quarter  of the  previous  year,  establishments  have  thought  that  their  production  and  domestic sales will decrease, sale prices and raw material  prices will decrease.
In   the  fourth  quarter  of  2003,  comparing  to  the data  weighted by production  value   by   main
sectors , the highest increase determined  for  production was recorded  in business establishments  especially,
in  Manufacture of  office, accounting  and  computing machinery with  100.0 %  and in Manufacture  of  radio, television  and  communication  equipment  with 98.1 %. Moreover   the  highest  decrease  was observed   in  Manufacture  of  tobacco  products with 10.4 % .
In the fourth quarter of 2003, comparing to the data weighted by production value by main sectors,
the highest increase  determined  for domestic sales  was recorded  in business establishments especially,  in Manufacture of  motor vehicles, traliers  and semi - trailers with  94.9 %  and   in  Manufacture  of  electrical  machinery  and  apparatus  n.e.c  with  76.8 % .Moreover the highest decrease was observed in Manufacture
of  coke, refined  petroleum  products  with 11.8 %.
In the fourth quarter of  2003, comparing to the data weighted by production value by main sectors, the highest  increase determined for sales prices was recorded in business establishments especially,  in Manufacture
of   basic  metals  and  in  Manufacture  of   motor vehicles, trailers and semi-trailers with  82.8 %  and  68.6  %  respectively. Moreover the highest decrease was observed in Manufacture of tobacco products with 2.1 % .
In the fourth quarter of 2003, comparing to the data weighted by production value by main sectors, the highest  increase determined  for raw material prices was recorded  in  business  establishments   especially,  in  Manufacture of  coke, refined petroleum products and in Manufacture of  machinery  and  equipment  n.e.c  with  87.6  %  and  78.6  %  respectively.  Moreover  the  highest  decrease  was  observed  in Manufacture of other transport equipment  with 9.6 %.