The Industrial Production Quantities Decreased by (2.38%) in 2023

The Department of Statistics (DOS) issued its monthly report on the Industrial Production Index for 2023 that observed a decrease by (2.38%) compared to 2022. Besides, the report showed an increase in the index of December 2023 by 1.39% compared to November 2023, as well as an increase in the index of December 2023 by 1.17% compared to the same month of 2022.
Thus, the Industrial Production Index for 2023, on the accumulative level, had reached 90.07 against 92.27 for the same period of 2022. Moreover, the Industrial Production Index for December 2023 recorded 88.22 against 87.01 for November 2023, while the Industrial Production Index for December 2023 reached 88.22 against 87.19 for the same month of 2022, noting that the base year is (100=2010).
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