Statistical Terms

URL Copy Print

Definition	Measured by financial values of goods and services actually produced, which is calculated on the basis of sales(shipment), increase/decrease of inventory, sales(resales) of goods and services, etc.
Commentary	Sum of value of product shipments, by-products, wastes, manufacturing services(consignment manufacturing) and revenues from repairing services less value of finished and semi-finished goods in the inventory and the increases/decreases of inventory values of work in process at the beginning and end of the year.
Source	KOSTAT (Monthly Survey of Mining and Manufacturing)