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PCBS | PCBS: The Industrial Production Index, during 2021& December, 12/2021

 

Palestinian Central Bureau of Statistics (PCBS)

Sharp Increase in the Industrial Production Index (IPI) in Palestine during 2021

 

The overall IPI in Palestine with its Base Year (2019 = 100) reached 105.06 in 2021 which indicates a sharp increase by 14.13% compared to 2020.

 

IPI for 2021 increase due to the sharp increase in the activities of Water Supply, Sewerage, Waste Management and Remediation by 32.02%, the activities of Manufacturing Industry by 16.09%, the activities of Mining and Quarrying by 8.55%, and the activities of Electricity, Gas, Steam and Air Conditioning Supply by 5.86%.

 

The table below shows yearly percent changes in IPI in Palestine for the period 2012 – 2021:

 

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

2020

- 7.95

2021

+ 14.13

 

 

Decrease in the Industrial Production Index (IPI) in Palestine during December,12/2021

The overall IPI in Palestine reached 108.39 during December 2021 with a decrease of 0.32% compared to November 2021 (Base Year 2019 = 100).

 

IPI for December 2021 decreased due to the sharp decrease in the activities of Mining and Quarrying by 11.16% which had a share of 2.89% of the total industry, the activities of Water Supply, Sewerage, Waste Management and Remediation by 7.30% which had a share of 1.84% of the total industry, and the activities of Manufacturing Industry decreased by 1.05% which had a share of 87.89% of the total industry. While the activities of Electricity, Gas, Steam and Air Conditioning Supply sharply increased by 14.04% which had a share of 7.38% of the total industry.


The table below shows monthly percent changes in IPI for the period:

January – December 2021:

 

Month

Percent Changes (%)

January

2.13 -

February

2.43 -

March

3.90 +

April

0.52 -

May

4.94 -

June

10.60 +

July

6.71 -

August

14.47 +

September

4.57 -

October

1.95 -

November

1.10 +

December

0.32 -

2021 Com. 2020

14.13 +


 

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

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