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Sharp decrease in the Industrial Production Index in Palestine during 2020 - PCBS

Sharp decrease in the Industrial Production Index in Palestine during 2020 - PCBS

RAMALLAH, Thursday, February 04, 2021 (WAFA) - The overall Industrial Production Index (IPI) in Palestine decreased in 2020 by 7.95% compared to 2019, today said the Palestinian Central Bureau of Statistics (PCBS).

The sharp decline was due to the decrease in the activities of Mining and Quarrying by 23.07%, and the activities of Manufacturing Industry by 10.46%, while the activities of Electricity, Gas, Steam and Air Conditioning Supply increased by 11.61%, and the activities of Water Supply, Sewerage, Waste Management and Remediation increased by 5.98%, said the PCBS.

In December, the overall IPI in Palestine increased by 4.49% compared to November, it added, attributing the increase in December to the increase in the activities of Water Supply, Sewerage, Waste Management and Remediation by 22.16%, which had a share of 2.39% of the total industry, the activities of Electricity, Gas, Steam and Air Conditioning Supply by 9.49%, which had a share of 11.95% of the total industry, the activities of Mining and Quarrying by 3.85%, which had a share of 2.68% of the total industry, and the activities of Manufacturing Industry by 3.10%, which had a share of 82.98% of the total industry.

M.K.

 

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