The General Authority for Statistics (GASTAT) announced that during the month of May 2023, the Industrial Production Index reached 1.2% compared to the same month of last year, with a slight decrease that resulted from the decline of mining and quarrying activity, which contributed directly to the decrease of the general index.  
the Industrial Production Publication revealed the increase of the sub-index of manufacturing activity by 10.3% compared to the same month of last year (May 2022). However, the sub-index of electricity and gas supply activity increased by 12.0%.  The publication also indicated a decrease on the sub-index of mining and quarrying activity during the month of May 2023 by 5.5% compared to the same month of last year (May 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.