08.04.2002

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 FEBRUARY OF 2002 TAKING 1997 AS A BASE YEAR

STATE  INSTITUTE  OF  STATISTICS  STATED  THAT INDUSTRIAL PRODUCTION DECREASED  4.5 %IN FEBRUARY OF 2002, 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 4.5 %, mining
industry  production  decreased   by  0.4 %,    electricity, gas  and water production decreased by  6.3 %,          
in February of  2002,  over to the same period of the previous year.

     The statement   released by  SIS,  total  industrial  production  decreased  by 3.7  % and mining industry decreased by 4.4 % and manufacturing industry decreased by 4.0 %, and electricity, gas and water industry decreased by  1.1 %  in two months of  2002, 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.