Doha, March 16 (QNA) – The Industrial Production Index (IPI) of the State of Qatar reached 103 points in Jan. 2023, rising by 3.5% compared to Dec. 2022, but decreased by 2.1% when compared to the corresponding month in 2022.

Issued by the Planning and Statistics Authority, the IPI is a short-term quantitative index that measures the growth of various industrial sectors in economy. The relative weight of main economic sectors under this indicator include, Mining (82.46%), Manufacturing (15.85%), Electricity (1.16%), Water (0.53%).

According to data, the index of the Mining sector showed an increase by 4.1% compared to the previous month (December 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 1.7%. When compared to the corresponding month of the previous year (January 2022), the IPI of Mining decreased by 3.3%.

In Manufacturing, the index of this sector showed an increase by 2.4% compared to the previous month (December 2022). The groups showed an increase include: “manufacture of chemicals and chemical products” by 3.3%, followed by “manufacture of refined petroleum products” by 3.1%, “manufacture of basic metals” by 2.5%, and “printing and reproduction of recorded media by 0.6%.

However, a decrease was recorded in, “manufacture of beverages” by 9.7%, followed by “manufacture of Cement and other non-metallic mineral products” by 3.3%, “manufacture of rubber and plastics products” by 2.6%, and “manufacture of food products” by 0.1%.

On the other hand, in terms of annual change, comparing to January 2022, an increase of 3.8% was recorded, due to the increase in “manufacture of refined petroleum products” by 18.1%, followed by “manufacture of chemicals and chemical products” by 4.8%, and “manufacture of beverages” by 3.5%. However, a decrease recorded in “manufacture of cement and other non-metallic mineral products” by 13.4%, “printing and reproduction of recorded media by 9.1%, “manufacture of rubber and plastics products” by 4.6%, “manufacture of food products” by 0.8%, and “manufacture of basic metals” by 0.3%.

In Electricity, Gas, Supply, a decrease of 15.6% was noticed in the production of “electricity” between January 2023 and the previous month (December 2022). Comparing with corresponding month (January 2022), an increase of 7.1% was recorded.

Data of Water Supply showed a decrease of 17.6% in the production of “water” between January 2023 and the previous month (December 2022). Comparing with corresponding month (January 2022), an increase of 2.7% was recorded. (QNA)