03 May 2024

Last update 12 / 06 / 2023

Industrial Production Index Increases by 3.2 % in April 2023

General Authority for Statistics (GASTAT) issued, on its official website the results of the Industrial Production Index (IPI) for April 2023. (IPI) increased by 3.2% in April 2023. This increase resulted from the increase in mining, quarrying, manufacturing, in addition to electricity and gas supply activity.

The mining and quarrying activity index increased by 0.2 % in April 2023, compared to the same month of the previous year (April 2022). Manufacturing activity also increased by 10.5% in April 2023, compared to April 2022. However, electricity and gas supply went up by 25.5%, compared to April 2022.

It is noteworthy that GASTAT issues a number of Industry-related statistical products, including the industrial production index (IPI), which is an economic indicator that reflects relative changes and evolution in the volume of industrial production quantities based on the data of the industrial production survey. It is implemented monthly and targets industrial establishments operating in the targeted activities, which are mining and quarrying, manufacturing, and electricity and gas supply.

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