B.02.1.D ŻE.0.10.00.05/906 - 17                                                                            05.02.1999
 
 
PRESIDENT OF THE STATE INSTITUTE OF STATISTICS
EXPLAINED THE RESULT OF THE MONTHLY INDUSTRIAL PRODUCTION INDEX
USING PRODUCTION INFORMATION OF 112 THE MOST IMPORTANT ITEMS
FOR  DECEMBER  OF 1998 TAKING 1992 AS A BASE YEAR
 STATE INSTITUTE OF STATISTICS STATED THAT INDUSTRIAL PRODUCTION DECREASED  9.1  %  IN  DECEMBER OF 1998, 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
11.8 %, mining industry production increased by 4.5  %  and electricity, gas and water production increased  by 5.4  % in December of 1998, over to the same period of the previous year.

         The statement released by SIS, during average of twelve months total industrial production increased by    2.8 %,  mining industry increased  by 7.4  %, manufacturing industry increased by 1.7  % , electricity, gas and water industry rose by  8.3 %.
 

MONTHLY INDUSTRIAL PRODUCTION
INDEX FOR  DECEMBER OF  1998
 
 

          Also SIS explained production quantity of some important goods for December of 1998. Figures of monthly industrial production index taking 1992 as a base year and monthly production quantity of the selected goods.
 


NOTE 1- MONTHLY INDUSTRIAL PRODUCTION INDEX HAS CALCULATED TO GIVE  INFORMATION IN A SHORT TIME.  112  ITEMS  FROM  194    ESTABLISHMENTS   WHICH    REPRESENT  60  %  OF TOTAL INDUSTRIAL  PRODUCTION  VALUE  HAVE  BEEN  USED  TO  CALCULATE   MONTHLY  INDUSTRIAL PRODUCTION INDEX.  APPROXIMATELY  1051  ITEMS  FROM  2500 LARGE SCALE ESTABLISHMENTS WHICH  REPRESENT 81  %  OF  TOTAL  INDUSTRIAL  PRODUCTION  VALUE   HAVE  BEEN  USED  TO CALCULATE QUARTERLY INDUSTRIAL PRODUCT INDEX. THERE ARE SOME DEFERENCE BETWEEN TWO  INDEXES  BECAUSE OF  THEIR  COVERAGE. MONTHLY INDEX SHOULD BE  USED AS A SHORT TERM  INDICATORS.  FINAL  RESULT   MUST  BE    TAKEN   FROM    QUARTERLY  INDUSTRIAL PRODUCTION INDEX.