Increase in Industrial Production Index in Palestine during August 2023

The overall Industrial Production Index (IPI) in Palestine reached 114.68 during August 2023 with an increase of 4.98% compared to July 2023. IPI for August 2023 increased due to the increase in the activities of Electricity, Gas, Steam, and Air C…

The overall Industrial Production Index (IPI) in Palestine reached 114.68 during August 2023 with an increase of 4.98% compared to July 2023.

IPI for August 2023 increased due to the increase in the activities of Electricity, Gas, Steam, and Air Conditioning Supply by 14.18%, which had a share of 7.38% of the total industry, and the activities of the Manufacturing Industry by 5.16%, which had a share of 87.89% of the total industry.

The activities of Water Supply, Sewerage, Waste Management, and Remediation decreased by 23.54%, which had a share of 1.84% of the total industry, and the activities of Mining and Quarrying by 10.95%, which had a share of 2.89% of the total industry.

Source: Palestine News and Information Agency – WAFA

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