Date: 08.03.2003

     State Institute of  Statistics  declared  that manufacturing industry production  increased  by 16.1 %, electricity, gas  and  water  production  increased  by  2.2 %  but  mining  industry  production  decreased by  10.8 %,  in January of  2003, 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.