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 JULY OF 2002 TAKING 1997 AS A BASE YEAR
 

STATE  INSTITUTE  OF  STATISTICS  STATED  THAT INDUSTRIAL PRODUCTION INCREASED                     12.3 %   IN JULY 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 increased by 14.7 %, mining industry production decreased by  14.0%, electricity, gas and water production increased by  7.0 %,   in July of  2002, 
over to the same period of the previous year.

    The  statement  released  by SIS,  total  industrial  production increased by 8.0 % and mining industry decreased
by 9.0 %  and  manufacturing  industry  increased  by  9.3 %,  and  electricity,  gas and water industry increased
by  6.0 %  in seven 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 DIFFERENCES   BETWEEN  TWO   INDEXES  BECAUSE  OF   THE   COVERAGE .  MONTHLY   INDEX
SHOULD   BE   USED  AS  A  SHORT  TERM  INDICATOR . FINAL  RESULT   MUST  BE TAKEN FROM QUARTERLY INDUSTRIAL PRODUCTION INDEX.