Sharp increase in the Industrial Production Index in Palestine during 2021 – PCBS

The overall Industrial Production Index (IPI) in Palestine in 2021 increased by 14.13% compared to 2020, today said the Palestinian Central Bureau of Statistics (PCBS).

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%.

Meanwhile, the overall IPI in Palestine for December 2021 decreased by 0.32% compared to November 2021, said the PCBS.

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.

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.

Source: Palestinian News & Information Agency