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PCBS | PCBS: The Industrial Production Index, December, 12/2019& during 2019

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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