Date: 08.02.2002

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 DECEMBER OF 2001 TAKING 1997 AS A BASE YEAR

STATE  INSTITUTE OF STATISTICS STATED  THAT INDUSTRIAL PRODUCTION DECREASED  9.4 %

IN DECEMBER 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 10.9 %, mining industry  production  decreased  by   7.2  %,  electricity,  gas  and water  production increased by  2.1 %,   in December of  2001, over to the same period of the previous year.

    The statement released by SIS, total industrial production decreased by 8.9  % and mining industry decreased by  7.9 %  and manufacturing  industry decreased by 9.9 %, and electricity, gas and water industry decreased by  1.5 %  in twelve 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.