Date: 08.10.2003
PRESIDENT OF THE STATE INSTITUTE OF STATISTICS
EXPLAINED THE RESULT OF THE MONTHLY INDUSTRIAL PRODUCTION INDEX
USING PRODUCTION INFORMATION OF 403 THE MOST IMPORTANT ITEMS
FOR AUGUST OF 2003 TAKING 1997 AS A BASE YEAR
STATE INSTITUTE OF STATISTICS STATED
THAT INDUSTRIAL PRODUCTION INCREASED 10.3
% IN AUGUST OF 2003, OVER TO THE SAME MONTH OF THE PREVIOUS YEAR FROM THE
RESULT OF MONTHLY INDUSTRIAL PRODUCTION INDEX
State Institute
of Statistics declared that manufacturing industry
production increased by 10.7 %, mining industry production
increased by 4.7 %, electricity, gas and water production increased by
9.7 %,in August of 2003, over to the same period of the
previous year.
The statement
released by SIS, total industrial
production increased by 7.7 %, and mining
industry decreased by 9.7 %, manufacturing industry
increased by 8.5 %, and electricity, gas and
water industry increased by 7.9 % in eight months of
2003, over to the same period of the previous year.
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 PRODUCT 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.