Mubasher: Qatar’s industrial production index (IPI) rose 0.3% year-on-year in December 2018, the Ministry of Development Planning and Statistics (MDPS) said in a statement released on Wednesday.
The manufacturing index of the gas-rich nation fell 0.6% on a monthly basis to 105.6 points in December.
Qatar’s IPI consists of three main components, namely mining represents 83.6%, while manufacturing, electricity and water mad 15.2%, 0.7% and 0.5%, respectively.
Doha's mining sector levelled up 1.3% year-on-year, while it dropped 0.3% on a monthly basis, pressured by the 0.3% decline in crude oil and natural gas group.
Meanwhile, the manufacturing sector fell 4.5% on a yearly basis, due to the retreat in most groups between 14.9% and 0.8%.
Month-on-month, the manufacturing sector fell 1.5% in December after the beverages sector declined 3.6% and the refined petroleum products shed 3.1%.
Rubber and plastics products as well as cement and other non-metallic mineral products slightly rose 0.5% and 0.4%, respectively.
Moreover, the electricity sector fell 20.7% month-on-month in December, with a 3.1% annual retreat.
The water sector rose 0.8%, on a monthly basis, but retreated 6.6% year-on-year in December.
