• 2.8% monthly increase in General IPI.
• 2.7% monthly increase recorded in IPI of Mining sector.
• 2.9% monthly increase recorded in IPI of manufacturing sector.
Planning and Statistics Authority, has issued a press release for July 2019 of industrial production index to study and analyze the economic level of the state. This index details the growth of various industrial sectors in economy such as “Mining”, “Manufacturing”, “Electricity production”, and “Water production and desalination”. It is a short-term quantitative index that measures the changes in the volume of productions of a selected basket of industrial products over a given period with respect to that in a chosen period called the base period
The Industrial Production Index consists of three main components: "Mining" with a relative importance of 83.6%, "Manufacturing" with a relative importance of 15.2%, "Electricity" with a relative importance of 0.7%, and finally "Water" with a relative importance of 0.5%.
The Industrial Production index (IPI), July 2019 amounted to 108.2 points, increased by 2.8% compared to the previous month (June-2019), and increased by 1.9%, when compared to the corresponding month of 2018.
The analysis of the monthly IPI of the above activities as follows:
1. “Mining”: The index of this sector showed an increase by 2.7% compared to the previous month (June 2019), as a result of the increase in the quantities of "crude oil and natural gas" by 2.7%, while "Other mining and quarrying" showed a decrease by 1.3%. When compared to the corresponding month of the previous year (July 2018), the IPI of Mining increased by 1.8%.
2. “Manufacturing”: The index of this sector showed an increase by 2.9% compared to the previous month (June2019), The groups showing increases include: “Manufacture of Cement and other non-metallic mineral products” by 5.6%, “Manufacture of refined petroleum products” by 4.5%, “Manufacture of basic metals” by 2.6%, "Manufacture of chemicals and chemical products" by 2.5%, and "Manufacture of beverages" by 1.3%. However a decrease was recorded in two groups: "Manufacture of food products” by 2.8%, and “Manufacture of rubber and plastics products” by 1.2%. and No change noticed in “Printing and reproduction of recorded media”.
On the other hand, in terms of annual change, comparing to July 2018, an increase of 3.7% was recorded, affected by the following groups: “Manufacture of basic metals” by 21.2%, “Manufacture of rubber and plastics products” by 4.9%, and “Manufacture of chemicals and chemical products” by 3.1%. However a decrease recorded in “Manufacture of Cement & other non-metallic mineral products" by 5.0%, “Manufacture of food products” by 2.8%, "Printing and reproduction of recorded media” by 2.4%, “Manufacture of refined petroleum products” by 2.0%, and "Manufacture of beverages" by 0.6%.
3. “Electricity”: An increase of 1.1% in the production of “Electricity” group between July 2019 and the previous month (June -2019), while the annual decrease ( compared with July 2018), was 21.8%.
4. “Water” : When compared July 2019 with the previous month, an increase of 5.1% was noticed. Comparing with corresponding month (July 2018), an increase of 1.0% was recorded.
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