Date: 08.10.2001
 

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  2001 TAKING 1997 AS A BASE YEAR
 
 

          STATE INSTITUTE OF STATISTICS STATED THAT INDUSTRIAL PRODUCTION DECREASED  10.1  % IN AUGUST OF 2001, 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 decreased by 11.3 %, mining industry production decreased by  9.8 %, electricity, gas and water production decreased by  0.7 %, in August of 2001,  over to the same period of the previous year.

       The  statement  released  by SIS, total industrial production decreased by 7.2 % and mining industry decreased by 2.8 % and manufacturing  industry  decreased  by 8.1 %, and electricity, gas and water industry decreased by 2.0  % in eight months of 2001, 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 DIFFERENCE BETWEEN TWO INDEXES BECAUSE OF THE  COVERAGE. MONTHLY INDEX SHOULD BE  USED AS A SHORT TERM INDICATORS. 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.