The overall Industrial Production Index (IPI) increased by 5.58% in March 2022, according to the Palestinian Central Bureau of Statistics (PCBS).

PCBS said in a press statement that the overall IPI in Palestine reached 110.87 during March 2022 with an increase of 5.58% compared to February 2022 (Base Year2019 = 100).

IPI for March 2022 increased due to the increase in the activities of water supply, sewerage, waste management and remediation by 22.23% which had a share of 1.84% of the total industry, the activities of mining and quarrying by 12.69% which had a share of 2.89% of the total industry, and the activities of manufacturing industry by 5.84% which had a share of 87.89% of the total industry.

In contrast, the activities of electricity, gas, steam and air conditioning supply decreased by 2.31% which had a share of 7.38% of the total industry.

Source: Palestinian News & Info Agency (WAFA)