The Industrial Production Index, During 2021& December, 12/2021

Sharp Increase in the Industrial Production Index (IPI) in Palestine during 2021

The overall IPI in Palestine with its Base Year (2019 = 100) reached 105.06 in 2021 which indicates a sharp increase by 14.13% compared to 2020.

IPI for 2021 increase due to the sharp increase in the activities of Water Supply, Sewerage, Waste Management and Remediation by 32.02%, the activities of Manufacturing Industry by 16.09%, the activities of Mining and Quarrying by 8.55%, and the activities of Electricity, Gas, Steam and Air Conditioning Supply by 5.86%.

Decrease in the Industrial Production Index (IPI) in Palestine during December,12/2021

The overall IPI in Palestine reached 108.39 during December 2021 with a decrease of 0.32% compared to November 2021 (Base Year 2019 = 100).

IPI for December 2021 decreased due to the sharp decrease in the activities of Mining and Quarrying by 11.16% which had a share of 2.89% of the total industry, the activities of Water Supply, Sewerage, Waste Management and Remediation by 7.30% which had a share of 1.84% of the total industry, and the activities of Manufacturing Industry decreased by 1.05% which had a share of 87.89% of the total industry. While the activities of Electricity, Gas, Steam and Air Conditioning Supply sharply increased by 14.04% which had a share of 7.38% of the total industry.

Source: Palestine Central Bureau of Statistics