The overall Industrial Production Index (IPI) in Palestine reached 107.15 points during January 2023 with a decrease of 3.09% compared to December 2022, according to the Palestinian Central Bureau of Statistics (PCBS).

IPI for January 2023 decreased due to the decrease in the activities of Manufacturing Industry by 4.75% which had a share of 87.89% of the total industry, said PCBS.

Meanwhile, the activities of Electricity, Gas, Steam and Air Conditioning Supply increased by 9.06% which had a share of 7.38% of the total industry, while the activities of Mining and Quarrying increased by 7.18%, which had a share of 2.89% of the total industry.

The activities of Water Supply, Sewerage, Waste Management and Remediation also increased by 6.74% which had a share of 1.84% of the total industry.

Source: Palestine News and info Agency