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 NOVEMBER OF 2002 TAKING 1997 AS A BASE YEAR
STATE INSTITUTE OF STATISTICS STATED
THAT INDUSTRIAL PRODUCTION INCREASED
8.6 % IN NOVEMBER 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 9.8 %, mining industry production decreased by 3.5 %, electricity, gas and water production increased by 4.0 %, in November of 2002, over to the same period of the previous year.
The statement released by SIS, total
industrial production increased by 8.7 %, and mining industry
decreased
by 9.0 %, manufacturing industry increased by 10.2 %,
and electricity, gas and water industry increased by 5.4 %
in eleven 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.
** Monthly Industrial Production Index is released on the eight
of the second month following the reference month.