The Industrial Production Index, December, 12/2019& During 2019

Increase in the Industrial Production Index (IPI) in Palestine during 2019

The overall IPI in Palestine with its Base Year (2018 = 100) reached 103.86 in 2019 which indicates an increase of 3.86% compared to 2018.

IPI for 2019 increased due to the increase in the activities of Water Supply, Sewerage, Waste Management and Remediation by 22.62%, the activities of Manufacturing Industry by 3.88%, and the activities of Electricity, Gas, Steam and Air Conditioning Supply by 1.58%, while the activities of Mining and Quarrying decreased by 14.12%.

Increase in the Industrial Production Index (IPI) in Palestine during December 2019

The overall IPI in Palestine reached 108.91 during December 2019 with an increase of 0.18% compared to November 2019 (Base Year 2018 = 100).

IPI for December 2019 increased due to the increase in the activities of Electricity, Gas, Steam and Air Conditioning Supply by 13.13% which had a share of 11.95% of the total industry, and the activities of Water Supply, Sewerage, Waste Management and Remediation by 2.26% which had a share of 2.39% of the total industry, while the activities of Mining and Quarrying decreased by 8.00% which had a share of 2.68% of the total industry, and the activities of Manufacturing Industry decreased by 1.49% which had a share of 82.98% of the total industry.

Source: Palestine Central Bureau of Statistics