Decrease in the Industrial Production Index (IPI) in Palestine
The overall IPI in Palestine reached 99.07 during February 2021 with a decrease of 2.43% compared to January 2021 (Base Year 2019 = 100).
IPI for February 2021 decreased due to the decrease in the activities of Mining and Quarrying by 12.32% which had a share of 2.89% of the total industry, the activities of Water Supply, Sewerage, Waste Management and Remediation by 9.31% which had a share of 1.84% of the total industry, and the activities of Manufacturing Industry by 2.24% which had a share of 87.89% of the total industry, while the activities of Electricity, Gas, Steam and Air Conditioning Supply increased by 0.39% 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.
Please note that the press release in English is brief compared to the Arabic version.