Palestinian Central Bureau of Statistics (PCBS)
Increase in the Industrial Production in Palestine during February, 02/2016
The overall Quantity of Industrial Production Index (IPI) in Palestine reached 103.20 during February 2016 with an increase of 6.60% compared to the previous month (Base Month December 2015 = 100).
Quantity of Industrial Production Index for February 2016 increased due to the increase in the activity of Manufacturing Industry by 9.20% which had a share of 83.19% of the total industry, Mining and Quarrying increased by 17.07% which had a share of 4.06% of the total industry, Water Supply, Sewerage, Waste Management and Remediation Activities increased by 7.34% which had a share of 0.78% of the total industry, while the activity of Electricity, Gas, Steam and Air Conditioning Supply decreased by 14.38% which had a share of 11.98% of the total industry.
The Industrial Production Index in Palestine, for the period:
February 2015 - February 2016 (Base Month December 2015=100)
· Since the beginning of 2016, PCBS updated the base month for the Quantity of Industrial Production to be December 2015 instead of 2011, as well as started using International Standard of Industrial Classification for all Economic Activates (Revision Four) instead of Revision Three.
· Relative share for the main industrial activities represents the percentage distribution of value added (VA) for the industrial activities in 2013.