The General Authority for Statistics (GASTAT) has issued the results of the industrial production index for December 2022, showing that IPI increased by 7.3% compared to the same month in the previous year, as a result of the increase in mining, quarrying, and manufacturing activity.
The results of the index's monthly publication revealed that the mining and quarrying activity index for December 2022 increased by 4.1% compared to the same month in the previous year.
Manufacturing activity also increased by 18.5% in December 2022, while electricity and gas supply activity decreased by 6.5%, compared to the same month in 2021.
According to the report's results, the industrial production index recorded positive growth rates during 2022 due to the increase in mining and quarrying activity as well as manufacturing activity.
