Qatar’s IPI grows 1.4% in April

Mubasher: Qatar’s industrial production index (IPI) jumped 1.4% year-on-year to 105 points in April 2018, the Ministry of Development Planning and Statistics (MDPS) said in a statement released on Tuesday.

The manufacturing index of the world’s biggest liquefied natural gas (LNG) exporter consists of three main components, namely mining represents 83.6%, while manufacturing, electricity and water account for 15.2%, 0.7% and 0.5%, respectively.

The statement attributed the rise to an increase in the mining segment by 1.1%, in addition to a fall in the manufacturing sector by 4.6%, the ministry's data showed.

Meanwhile, the production of other subgroups of the manufacturing index witnessed a drop topped by the electricity supplies and water supplies with 16.4% and 11.9%, respectively.

On monthly basis, Qatar’s IPI went up 1.5%, compared to 103.4 points in March.

Mubasher Contribution Time: 12-Jun-2018 11:01 (GMT)
Mubasher Last Update Time: 12-Jun-2018 11:10 (GMT)