Industrial Production Index, during December 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%.
The table shows percent changes in IPI in Palestine for the period 2012 –2019:
|
Year |
Percent Changes % |
|
2012 |
+ 6.39 |
|
2013 |
+ 7.82 |
|
2014 |
- 3.92 |
|
2015 |
- 3.80 |
|
2016 |
+ 0.96 |
|
2017 |
+ 4.11 |
|
2018 |
- 3.94 |
|
2019 |
+ 3.86 |
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.
The table shows percent changes in IPI for the period: January – December 2019:
|
Month |
Percent Changes (%) |
|
January |
10.36 - |
|
February |
2.89 + |
|
March |
6.11 + |
|
April |
0.28 + |
|
May |
8.09 - |
|
June |
1.01 + |
|
July |
10.83 + |
|
August |
4.61 - |
|
September |
8.86 + |
|
October |
0.82 - |
|
November |
1.90 - |
|
December |
0.18 + |
|
2019 Com. 2018 |
3.86 + |
Note:
•The base year of Industrial Production Index has been updated to be 2018.
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