Mubasher: Qatar’s industrial production index (IPI) rose 2.2% year-on-year to 106.2 points in November 2018 from 103.9 points, according to a statement released by the Ministry of Development Planning and Statistics (MDPS) on Tuesday.
The Gulf nation’s IPI consists of four main components, namely mining which accounts for 83.6%, followed by manufacturing, electricity, and water, which represent 15.2%, 0.7%, and 0.5%, respectively.
In November, the country’s IPI surged on the back of the mining and quarries sector’s growth by 2.7%, boosted by a similar increase in crude oil and natural gas activity.
Meanwhile, manufacturing activity grew 0.4% annually on the back of three rising subgroups topped by chemical materials and products which levelled up 2.3%, while four subgroups fell headed by printing and media which plunged 14.8%.
Electricity, gas, steam, and air-conditioning supplies went down 1.3%, whereas water supplies tumbled 8.2%, the ministry’s report showed.
Month-on-month, however, the IPI of the world's richest country per capita fell 1.7% in November 2018, against 108 points.
The IPI’s monthly fall was attributed to the drop in electricity, gas, steam and air-conditioning supplies, manufacturing and mining sectors with 18.9%, 1.7% and 1.5%, respectively, while water supplies grew 0.5%.
