RAMALLAH, The overall Industrial Production Index (IPI) in Palestine reached 113.23 during August 2022, which indicates a sharp increase of 7.80% compared to July 2022, according to the Palestinian Central Bureau of Statistics (PCBS).

PCBS said in a press release that IPI for August 2022sharply increased due to the sharp increase in the activities of water supply, sewerage, waste management and remediation by 24.65% which had a share of 1.84% of the total industry.

It also increased due to the sharp increase in the activities of mining and quarrying by 15.79% which had a share of 2.89% of the total industry, the activities of manufacturing industry by 7.56% which had a share of 87.89% of the total industry, and the activities of electricity, gas, steam and air conditioning supply increased by 4.65% which had a share of 7.38% of the total industry.

Source: Palestine News & Info Agency