The overall IPI in Palestine reached 103.58 during the year of 2016 with an increase of 0.96% compared to the previous year (Base Month December 2015 = 100).

IPI increased due to the increase in the activities of Water Supply, Sewerage, Waste Management and Remediation by 15.78%, the activity of Mining and Quarrying by 13.08%, and the activity of Manufacturing Industry by 3.82%, while the activity of Electricity, Gas, Steam and Air Conditioning Supply decreased by 26.26% compared with 2015.

The table below shows yearly inflation rate in IPI in Palestine for the period 2012 - 2016:

Increase in the Industrial Production Index (IPI)in Palestine during December 2016

The overall IPI in Palestine reached 104.92 during December 2016 with an increase of 0.60% compared to the previous month (Base Month December 2015 = 100).

IPI for December 2016 increased due to the increase in the activity of Electricity, Gas, Steam and Air Conditioning Supply by 13.67% which had a share of 11.98% of the total industry, and the activity of Manufacturing Industry by 1.49% which had a share of 83.19% of the total industry, while the activity of Mining and Quarrying  decreased by 30.27% which had a share of 4.06% of the total industry, and the activities of Water Supply, Sewerage, Waste Management and Remediation decreased by 19.74% which had a share of 0.78% of the total industry.

The table below shows monthly percent change in IPI for the period January – December 2016:

The trend line of the Industrial Production Index in Palestine, for the period:

December 2015 - December 2016

(Base Month December 2015=100)

Note:

·         Relative share for the main industrial activities represents the percentage distribution of value added for the industrial activities in 2013.