The General Authority for Statistics announced that the Industrial Production Index (IPI) has increased by 0.5% during the month of June 2023 compared to May 2023. 
On the other hand, the results indicates that IPI registered a Y-O-Y decrease by 1.6% influenced directly by the mining and quarrying activity, where the index's sub-indicator of mining and quarrying declined by 6.5% compared to the same month of last year. 
 However, the activities of manufacturing and electricity and gas supply achieved annual increases by 10.1% and 25% respectively during June 2023 compared to June 2022. 

It is noteworthy the Industrial Production Index (IPI) is an economic indicator that reflects relative changes and evolution in the volume of industrial production quantities based on the data of the Industrial Production Survey. It is implemented monthly and targets industrial establishments operating in the targeted activities, which are mining and quarrying, manufacturing, and electricity and gas supply.