RAMALLAH, November 5, 2024 (WAFA) – A report by the Palestinian Central Bureau of Statistics (PCBS) showed a sharp decrease in the Industrial Production Index (IPI) in Palestine during September 2024 compared with September 2023.

 The overall IPI in Palestine reached 81.03 during September 2024 with a decrease of 26.11% compared to September 2023 (Base Year 2019 = 100).

Compared with previous month, the overall IPI in Palestine reached 81.03 during September 2024 with a decrease of 0.63% compared to August 2024 (Base Year 2019 = 100).

IPI for September 2024 decreased due to the decrease in the activities of Electricity, Gas, Steam and Air Conditioning Supply by 9.16%, which had a share of 7.38% of the total industry, the activities of Mining and Quarrying by 5.67%, which had a share of 2.89% of the total industry, and the activities of Water Supply, Sewerage, Waste Management and Remediation by 0.20%, which had a share of 1.84% of the total industry.

While, the activities of Manufacturing Industry increased by 0.75%, which had a share of 87.89% of the total industry.

K.T