Qatar's industrial production increased by a robust 1.8% year-on-year in November 2021, mainly lifted by stronger production in the manufacturing sector, according to the Planning and Statistics Authority (PSA).
The country’s IPI however saw an 8.8% month-on-month shrinkage in November 2021, said the figures released by the 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 1.6% increase on a yearly basis owing to a 1.6% expansion in the extraction of crude petroleum and natural gas, and 9.6% in other mining and quarrying sectors.
On a monthly basis, the index showed a 10.2% fall owing to a 10.2% decrease in the extraction of crude petroleum and natural gas; even as there was 3% jump in other mining and quarrying sectors.
The manufacturing index, with a relative weight of 15.2%, was seen soaring 2.9% year-on-year in November 2021 on account of a 9% increase in the production of food products, 7.1% in cement and other non-metallic mineral products, 5.1% in chemicals and chemical products, 0.4% in rubber and plastics products and 0.3% in refined petroleum products.
Nevertheless, there was a 9.1% decline in the printing and reproduction of recorded media, 5.6% in the production of basic metals and 2.2% in beverages.
On a monthly basis, the manufacturing index was down 1.4% in November this year owing to an 8.6% in the production of beverages, 6% in refined petroleum products, 3.8% in the printing and reproduction of media, 1.2% in the production of rubber and plastics products, 0.8% in chemicals and chemical products, and 0.6% in basic metals.
However, there was a 4.3% increase in the production of cement and other non-metallic mineral products and 1.2% in food products.
Electricity, which has 0.7% weight in the IPI basket, saw its index surge 9.3% year-on-year but shrank 24.4% month-on-month in November 2021.
In the case of water, which has a 0.5% weight, there was a 17.8% and 7.8% decrease on a yearly and monthly basis respectively in November 2021.