Qatar’s Industrial Production Index rises 3.3% in May 2018
July 17 2018 12:13 AM
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QNA/Doha

Qatar’s Ministry of Development Planning and Statistics (MDPS) said that the Industrial Production Index (IPI) of the country touched 108.5 points for the month of May 2018, an increase by 3.3% compared with the previous month, and 4.7% higher when compared to the corresponding month of 2017.
The index evaluates the growth of various industrial sectors in the economy such as mining with a relative significance of 83.6%, manufacturing (15.2%), electricity generation (0.7%) and water production and desalination (0.5%). 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 mining sector index showed an increase by 3.6% compared to the previous month (April of 2018), as a result of the increase in the quantities of crude oil and natural gas produced, and the decrease in “other mining and quarrying” by 0.2%. When compared to the corresponding month of the previous year (May 2017), the IPI of mining increased by 6.3%. The manufacturing sector index shows an increase of 1.7% in May 2018 compared to the previous month (April-2018), because of the increase in production of four groups: manufacture of chemicals and chemical products by 3.0%, manufacture of basic metals by 2.8% and manufacture of beverages by1.6%.
Manufacture of food products increased by 1.2%. However, a decrease was recorded in other four groups: manufacture of cement and other non-metallic mineral products” by 5.5%, “Printing and reproduction of recorded media” by 2.5%, “Manufacture of rubber and plastics products by 1.8% and manufacture of refined petroleum products by 0.8%. On the other hand, in terms of annual change, comparing to May 2017, a decrease of 0.4% was recorded by the following groups: printing and reproduction of recorded media by 17.5%, manufacture of cement and other non-metallic mineral products by 6.2%, manufacture of chemicals and chemical products by 2.6%.
However, a rise was recorded in the manufacture of rubber and plastics products by 18.5%, followed by manufacture of refined petroleum products by 8.1%, manufacture of basic metals by 5.0%, manufacture of beverages by 3.9% and manufacture of food products by 3.5%.
The electricity generation index shows an increase of 22.6% in the production of electricity between May 2018 and the previous month. (April-2018), while the annual decrease ( comparing with May 2017), was 23.1%.
The water index, when compared May 2018 with the previous month, shows a decrease of 1.2%.



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