A sharp decline in the index of industrial production quantities in April

Ramallah - Ma'an - The Central Bureau of Statistics said that the index of industrial production quantities recorded a sharp decline of 22.50% during the month of April 2024 compared to the month of April 2023, as the index of industrial production quantities decreased to 75.07 during the month of April 2024 compared to 96.86 during the month of April. 2023 (base year 2019 = 100). Compared to the previous month, the index of industrial production quantities recorded a decrease of 6.30% during the month of April 2024 compared to the month of March 2024, as the index of industrial production quantities decreased to 75.07 during the month of April 2024 compared to 80.12 during the month of March 2024 (base year 2019 = 100 ). Water supply, sanitation, waste management and treatment activities recorded a decrease of 17.41%, whose relative importance constitutes 1.84% of the total industry activities. Electricity, gas, steam, and air conditioning supply activities also recorded a decrease of 7.55%, whose relativ e importance constitutes 7.38% of the total industry activities. Manufacturing industries activities recorded a decrease of 5.91% during the month of April 2024 compared to the previous month, whose relative importance constitutes 87.89% of the total industry activities. As for the sub-activities that have a large relative impact on the overall index, some manufacturing activities recorded a decline during the month of April 2024 compared to the previous month, the most important of which are; Manufacture of formed metal products other than machinery and equipment, manufacture of other non-metallic metal products, manufacture of food products, manufacture of clothing, manufacture of paper and paper products, manufacture of wood and wood products, manufacture of leather and related products, and manufacture of rubber and plastics products. On the other hand, the index recorded an increase in some activities, the most important of which are: Tobacco products industry, textile industry, chemicals and chemical products industry, printing and reproduction of recorded media activity, and furniture industry. Mining and quarrying activities recorded an increase of 0.97%, whose relative importance constitutes 2.89% of the total industry activities. It is noteworthy that due to the Israeli aggression on the Gaza Strip on October 7, 2023, for the seventh month in a row, all facilities operating in industrial production in the Gaza Strip have stopped working until April 2024. Source: Maan News Agency