Doha, January 17 (QNA) - The Industrial Production index (IPI) in the country reached 97.3 points in November 2022, down by 1.7% compared to the previous month (October 2022), and increased by 10.4%, when compared to the corresponding month in 2021.
Issued by Planning and Statistics Authority, the Industrial Production Index consists of main components: Mining with a relative importance of 82.46%, Manufacturing with a relative importance of 15.85%, Electricity with a relative importance of 1.16 %, and Water Production with a relative importance of 0.53%.
The index of Mining showed a decrease by 1.4% compared to the previous month (October 2022), because of the decrease in the quantities of "crude oil petroleum and natural gas" with the same percentage, while "Other mining and quarrying" increased by 2.3%. When compared to the corresponding month of the previous year ( November 2021), the IPI of Mining increased by 12.2%.
While the index of Manufacturing showed a decrease by 3.2% compared to the previous month (October 2022), The groups showed a decrease include: "Manufacture of refined petroleum products" by 9.8%, followed by "Manufacture of chemicals and chemical products" by 4.2%, and "Manufacture of Cement and other non-metallic mineral products" by 4.1%.
However, an increase was recorded in, "Manufacture of basic metals" by 8.7%, "Manufacture of rubber and plastics products" by 4.1%, "Manufacture of food products" by 2.4%, and "Manufacture of beverages" by 0.8%. No change noticed in "Printing and reproduction of recorded media".
On the other hand, in terms of annual change, comparing to November 2021, a decrease of 0.6% was recorded, and that due to the decrease in "Manufacture of Cement & other non-metallic mineral products" by 17.8%, followed by "Printing and reproduction of recorded media" by 9.1%, "Manufacture of basic metals" by 6.2%, "Manufacture of rubber and plastics products" by 0.5%, and "Manufacture of refined petroleum products" by 0.4%. However, an increase recorded in "Manufacture of beverages" by 16.0%, "Manufacture of food products" by 7.6%, and "Manufacture of chemicals and chemical products" by 3.4%.
In Electricity, Gas and Supply Index, a decrease of 2.5% was noticed in the production of "Electricity" between November 2022 and the previous month (October 2022). Comparing with corresponding month (November 2021), an increase of 51.9% was recorded, while Water Supply index showed a decrease of 0.3% in the production of 'Water'' between November 2022 and the previous month (October 2022). Comparing with corresponding month (November 2021), an increase of 50.0% was recorded.
(QNA)