Decrease in the Industrial Production Index in Palestine During February, 02/2017
The overall IPI in Palestine reached 103.23 during February 2017 with a decrease of 6.11% compared to the previous month (Base Month December 2015 = 100).
IPI for February 2017 decreased due to the decrease in the activities of Water Supply, Sewerage, Waste Management and Remediation by 13.19% which had a share of 0.78% of the total industry, and the activity of Manufacturing Industry decreased by 8.52% which had a share of 83.19% of the total industry, while the activity of Mining and Quarrying increased by 30.46% which had a share of 4.06% of the total industry, and the activity of Electricity, Gas, Steam and Air Conditioning Supply increased by 2.62% which had a share of 11.98% of the total industry.
The table below shows monthly percent change in IPI for the period February 2016 – February 2017:
Month |
Percent Change |
2016 |
0.96 + |
February |
6.60 + |
March |
1.30 - |
April |
0.12 - |
May |
6.09 + |
June |
4.74 - |
July |
4.18 - |
August |
14.01 + |
September |
8.24 - |
October |
+ 2.34 |
November |
1.13 - |
December |
0.60 + |
2017 |
|
January |
4.80 + |
February |
6.11 - |
Data collection of Industrial Production Index survey was funded by the European Union.
Note:
· Relative share for the main industrial activities represents the percentage distribution of value added for the industrial activities in 2013.