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 NOVEMBER OF 2001 TAKING 1997 AS A BASE YEAR
STATE INSTITUTE OF STATISTICS STATED THAT INDUSTRIAL PRODUCTION DECREASED 13.9 % IN NOVEMBER OF 2001, OVER TO THE SAME MONTH OF THE PREVIOUS YEAR FROM THE RESULT OF MONTHLY INDUSTRIAL PRODUCTION INDEX
The statement released by
SIS, total industrial production decreased
by 8.8 % and mining industry
decreased by 7.9 % and manufacturing industry decreased by 9.7
%, and electricity, gas and water industry
decreased by 1.9 % in eleven 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.