Palestinian Central Bureau of Statistics (PCBS)

Sharp decrease in the Industrial Production Index (IPI) in Palestine

 During June, 06/2024 compared with June 2023

The overall IPI in Palestine reached 74.72 during June 2024 with a sharp decrease of 29.77% compared to June 2023 (Base Year 2019 = 100).

Compared with previous month, the overall IPI in Palestine reached 74.72during June2024 with a decrease of 4.74% compared to May2024 (Base Year 2019 = 100).

IPI for June2024decreased due to the decrease in the activities of Manufacturing Industry by 7.38%, which had a share of 87.89% of the total industry, and the activities of Water Supply, Sewerage, Waste Management and Remediation by 6.68%, which had a share of 1.84% of the total industry. While, the activities of Electricity, Gas, Steam and Air Conditioning Supply increased by 19.47%, which had a share of 7.38% of the total industry, and the activities of Mining and Quarrying by 2.25%, which had a share of 2.89% of the total industry.

Notice for Users:

Due to the Israeli aggression on Gaza strip in October 7 2023 for the Ninth month, all working institution in the industrial production wasn’t engaged in any production activity in Gaza strip for June2024.

Please note that the press release in English is brief compared to the Arabic version.