Industrial Production Index Increased by 1.10 % in 2024
The Department of Statistics issued its monthly report on the Industrial Production Index (IPI), which observed an increase by 1.10 % in 2024 compared to 2023, and an increase by 4.67% in December 2024 compared to its counterpart in 2023. The report also showed an increase by 0.87% in December 2024 compared to November 2024, noting that the base year was amended to be (2018=100) instead of (2010=100).
