State Institute of Statistics declared that manufacturing industry production increased by 12.8 %,
mining industry production increased by  4.7 %, electricity, gas and water production  increased by
6.4 %,   in July of 2003,  over to the same period of the previous year.

            The statement  released  by SIS, total industrial  production  increased  by  8.2  %,  and mining
industry decreased by 11.8 %,  manufacturing  industry  increased  by  9.2 %,  and  electricity,  gas
and  water industry  increased by 7.5 %  in seven 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.