The Monthly Industrial Production Index with 1997 base year forming production information of 403 the most important items according to  the ISIC Rev.3  increased 12.3 % in October of 2003 over to the same month of the previous year.

              
        At the level of sub-sectors of industry, manufacturing industry production increased by 12.6 %, mining industry production  increased by 9.1 %,  electricity, gas  and  water production increased by 10.8 %,   in October of  2003,  over to the same period of the previous year.

        According  to  the  average  of  ten  months of 2003  compared with the same period of the previous year, total industrial production increased by 8.9 %, and mining industry decreased by 4.8 %, manufacturing industry  increased
by  9.5 %, and  electricity, gas  and  water  industry  increased  by  8.7 %.

NOTE  :  MONTHLY  INDUSTRIAL   PRODUCTION   INDEX  HAS   BEEN   CALCULATED   TO   GIVE  INFORMATION IN A SHORT TIME. 403 ITEMS FROM  918   ESTABLISHMENTS WHICH REPRESENT
70 %  OF  TOTAL    INDUSTRIAL   PRODUCTION   VALUE    HAVE   BEEN   USED  TO   CALCULATE  MONTHLY INDUSTRIAL PRODUCTION INDEX.  APPROXIMATELY 2005 ITEMS FROM 3000 LARGE SCALE   ESTABLISHMENTS   WHICH   REPRESENT   81 %   OF  TOTAL  INDUSTRIAL PRODUCTION VALUE    HAVE   BEEN  USED  TO  CALCULATE  QUARTERLY  INDUSTRIAL  PRODUCTION INDEX. THERE ARE SOME DIFFERENCES BETWEEN TWO INDEXES BECAUSE OF THE  COVERAGE. MONTHLY INDEX SHOULD BE  USED AS A SHORT TERM INDICATOR. FINAL  RESULT   MUST  BE TAKEN FROM QUARTERLY INDUSTRIAL PRODUCTION INDEX.
** Monthly  Industrial Production Index is released on the eight of the second month following the reference month.