Qatar’s industrial production rose more than 1% year-on-year in September 2019, fuelled by the mining and manufacturing sectors, according to official statistics.
The country’s Industrial Production Index (IPI), however, showed a 1.1% decline on a monthly basis this September, according to figures released by the Planning and Statistics Authority (PSA).
The PSA introduced IPI, a short-term quantitative index that measures the changes in the volume of production of a selected basket of industrial products over a given period with respect to a base period 2013.
The mining and quarrying index, which has a relative weight of 83.6%, saw a robust 1.1% expansion year-on-year owing to a 1.1% jump in the extraction of crude petroleum and natural gas, even as there was a huge 8.5% fall in other mining and quarrying sectors.
On a monthly basis, the index showed a 0.6% fall owing to a 0.6% decline in extraction of crude petroleum and natural gas, even as other mining and quarrying soared 2%.
The manufacturing index, with a relative weight of 15.2%, showed a 1.7% year-on-year jump in September 2019 on a 22.8% jump in the manufacture of basic metals, 1.9% in rubber and plastics products and 0.7% in printing and reproduction of recorded media; whereas there was a 1.3% plunge in manufacture of cement and other non-metallic mineral products, 0.9% in chemicals and chemical products and 0.5% in refined petroleum products.
On a monthly basis, the manufacturing index witnessed a 2.2% rise on a 2.1% escalation in the manufacture of cement and other non-metallic mineral products, 1.9% in basic metals; while there was a 4.3% decline in the manufacture of chemicals and chemical products, 1.5% in rubber and plastics products and 0.7% in refined petroleum products.
Electricity, which has a 0.7% weight in the IPI basket, saw its index plummet 8.6% and 7% on yearly and monthly basis respectively in September 2019.
In the case of water, which has a 0.5% weight, there was a 0.9% and 2.7% decrease year-on-year and month-on-month respectively this September.
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