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Thursday, April 25, 2024 1:16 GMT
Qatar’s Industrial Production Index (IPI) for June 2021 stood at 99.1 points, showing a decrease of 6.3 % compared to the previous month (May 2021). When compared on year-on-year (Y-o-Y) basis, the IPI index has decreased by 5.3 % compared to the corresponding month in 2020, data released by the Planning and Statistics Authority (PSA) show. The index of the “Mining” sector showed a decrease by 7.1 % compared to the previous month (May 2021), as a result of the decrease in the quantities of “Crude oil petroleum and Natural gas” by 7.1 %, while “Other mining and quarrying” showed a decrease by 2.7 %. When compared to the corresponding month of the previous year (June 2020), the IPI of Mining decreased by 5.3 %. The index of the “Manufacturing” sector showed a decrease of 2.9 % compared to the previous month (May 2021), which refer to decrease in the following groups: “Manufacture of refined petroleum products” by 17.3 %, followed by “Manufacture of chemicals and chemical products” by 0.6 %, “Manufacture of basic metals” by 0.3 %, and “Manufacture of rubber and plastics products” by 0.1 %. However, an increase was recorded in “Manufacture of beverages” by 11.8 %, “Manufacture of food products” by 6.5 %, “Printing and reproduction of recorded media’’ by 5.2 %, and “Manufacture of Cement and other non-metallic mineral products” by 1.4 %.On the other hand, in terms of annual change, comparing to June 2020, a decrease of 4.8 % was recorded, affected by the following groups: “Manufacture of refined petroleum products” by 11.6 %, followed by “Manufacture of chemicals and chemical products” by 9.6 %, “Manufacture of beverages” by 5.8 %, and “Manufacture of food products” by 1.9 %. However, an increase was recorded in the “Manufacture of basic metals” by 24.4 %, “Manufacture of Cement & other non-metallic mineral products” by 23.0 %, and “Manufacture of rubber and plastics products” by 12.5 %. There was no production in June 2020 for “Printing and reproduction of recorded media”, due to the procedure which had been taken to prevent the spread of COVID-19.The index of the “Electricity” sector showed an increase of 1.8 % in the production of “Electricity” between June 2021 and the previous month (May 2021), while the annual decrease (comparing with June 2020), was 6.2 %. The index of the “Water” sector showed an increase of 4.2 % in the production of ‘‘Water’’ between June 2021 and the previous month (May 2021). Comparing with corresponding month (June 2020), a decrease of 20.1 % was recorded.