80220HI

08.02.2000
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 1999 TAKING 1997 AS A BASE YEAR STATE INSTITUTE OF STATISTICS STATED THAT INDUSTRIAL PRODUCTION INCREASED 2.9 % IN DECEMBER OF 1999, OVER TO THE SAME MONTH OF THE PREVIOUS YEAR FROM THE RESULT OF MONTHLY INDUSTRIAL PRODUCTION INDEX.

The statement released by SIS, during average of twelve months total industrial production decreased by 5.2 %, mining industry decreased by 8.6 % and manufacturing industry decreased by 5.9 % , electricity, gas and water industry increased by 4.0 % in December of 1999.

Also SIS explained production quantity of some important goods for December of 1999. Figures of monthly industrial production index taking 1997 as a base year and monthly production quantity of the selected goods.

NOTE :- MONTHLY INDUSTRIAL PRODUCTION INDEX HAS 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 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.