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Asharq Al-Awsat
Asharq Al-Awsat
Business
Doha - Asharq Al-Awsat

Qatar’s Industrial Production Index Increases by 4.9%

An oil refinery in Qatar. (Getty Images)

Qatar’s Industrial Production Index (IPI) increased by 4.9 percent this September compared to the corresponding month in 2021, reaching 102.4 points.

However, it decreased by 3.2 percent compared to the previous month.

Qatar News Agency reported that the index issued by the Planning and Statistics Authority shows details about the economic sectors’ growth.

The relative weight of the main economic sectors under this indicator are as follows: mining 82.46 percent, manufacturing 15.85 percent, electricity production 1.16 percent, and water production 0.53 percent.

When compared to September 2021, the IPI of mining increased by 5.5 percent.

The index of manufacturing showed a decrease of 5.3 percent in September compared to August 2022.

This resulted from the production decrease in the following groups: the manufacture of basic metals by 9.5 percent, the manufacture of chemicals and chemical products by 6.4 percent, the manufacture of rubber and plastics products by 5.2 percent, and the manufacture of refined petroleum products by 2.8 percent.

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