Palestinian Central Bureau of Statistics (PCBS)
Decrease in the Industrial Production Index (IPI) in Palestine
The overall IPI in Palestine reached 101.54 during January 2021 with a decrease of 2.13% compared to December 2020 (Base Year 2019 = 100).
IPI for January 2021 decreased due to the decrease in the activities of Water Supply, Sewerage, Waste Management and Remediation by 8.09% which had a share of 1.84% of the total industry, and the activities of Manufacturing Industry by 2.64% which had a share of 87.89% of the total industry, while the activities of Mining and Quarrying increased by 4.45% which had a share of 2.89% of the total industry, and the activities of Electricity, Gas, Steam and Air Conditioning Supply increased by 3.15% which had a share of 7.38% of the total industry.
1. The base year of Industrial Production Index has been updated to be 2019.
2. The base year of IPI for 12/2020 was changed to be 2019 for monthly comparison purposes.
Please note that the press release in English is brief compared to the Arabic version.