Industrial Production Index drops in August

RAMALLAH, The overall Industrial Production Index (IPI) in Palestine dropped in August 2.35% compared with July, the Palestinian Central Bureau of Statistics (PCBS) said on Thursday.

IPI for August decreased due to the decrease in the activities of Water Supply, Sewerage, Waste Management and Remediation by 22.69%, which had a share of 0.78% of the total industry, the activities of Mining and Quarrying by 11.54%, which had a share of 4.06% of the total industry, and the activities of Manufacturing Industry by 2.92%, which had a share of 83.19% of the total industry.

Meanwhile, the activities of Electricity, Gas, Steam and Air Conditioning Supply increased by 17.96%, which had a share of 11.98% of the total industry.

Source: Palestinian News & Info Agency