Industrial Production Quantities increase by 0.2% during October 2017

Industrial Production Quantities increase by 0.2% during October 2017

The monthly report issued by the Department of Statistics indicates an increase in the General Industrial Production Quantities for Oct 2017 to reach 102.1 against 101.9 for the same month of 2016 recorded an increase by 0.2% as compared with same month 2016. This mainly was a result of an increase in the production quantities of the manufacturing Industries by 0.02% with a relative importance of 86.0%, this sector had contributed to the increase of the price index by 0.2  percentage points and the quantities of quarrying production by 3.3% with a relative importance of 8.2% representing an increase of 0.01 percentage points.. Meanwhile, there was a decrease in the quantities of electricity production by 1.9% with a relative importance of 5.8% representing a decrease of  0.01 percentage points.

On the monthly level, the report indicates an increase in the industrial index number of the industrial production for Oct 2017 to reach 102.1 against 98.6 for Sept of the same year to grow by 3.5%. This has resulted mainly from an increase in the production quantities of the manufacturing Industries by 4.2% with a relative importance of 86.0% representing an increase of 3.5 percentage points and the quantities of quarrying production by 8.0% with a relative importance of 8.2% representing an increase of 0.4 percentage points. Meanwhile, there was a decrease in the quantities of electricity production  by 10.8%. with a relative importance of 5.8% representing a decrease of 0.4 percentage points .

comparing the index number of the first ten months of 2017, it shows a decrease in the industrial index number of the industrial production to reach 97.2 versus 98.2  by 1.1% compared with the same period of 2016; this mainly was a result of a  retreat in the production quantities of the manufacturing Industries by 3.0% with a relative importance of  86.0% representing a decrease of 6.1 percentage points. Meanwhile, there was a an increase in quantities of quarrying production by 14.6% with a relative importance of 8.2% representing an increase of 4.2 percentage points and the quantities of electricity production by 4.0% with a relative importance of 5.8 % representing an increase of 0.8 percentage points.

Read more…

Share this post

Font Resize