Date : 03.12.2002
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 OCTOBER OF 2002 TAKING 1997 AS A BASE YEAR
STATE INSTITUTE OF STATISTICS STATED THAT
INDUSTRIAL PRODUCTION INCREASED 11.8 % IN OCTOBER OF 2002,
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 13.4 %, mining industry production decreased by
3.8 %, electricity, gas and water production increased by 3.3 %, in October
of 2002, over to the same period of the previous year.
The statement
released by SIS, total industrial production
increased by 8.8 %, and mining
industry decreased by 9.6 %, manufacturing industry
increased by 10.2 %, and electricity, gas and water
industry increased by 5.4 % in ten months of 2002,
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.