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GASTAT IPI increases by 3.4% in November 2024

09-01-2025

The General Authority for Statistics (GASTAT) released today the results of the Industrial Production Index (IPI) for November 2024. According to the publication, the IPI increased by 3.4% compared to the same month of the previous year (November 2023), driven by growth in mining and quarrying activities, manufacturing activities, and water supply, sewage, and waste management activities.
The publication results showed a 1.2% year-on-year increase in the sub-index for mining and quarrying activities and a 7.2% rise in the sub-index for manufacturing activities. Meanwhile, the sub-index for electricity, gas, steam, and air conditioning supplies recorded a 2.1% decline, whereas the sub-index for water supply, sewage, and waste management activities increased by 10.5%.
On the other hand, the results indicated a 3.8% increase in the index for oil-related activities and a 2.4% rise in the index for non-oil activities compared to November of the previous year.
It is worth noting that GASTAT issues the Industrial Production Index on a monthly basis. This economic indicator reflects the relative changes in the volume of industrial production, based on data collected from the Industrial Production Survey. The survey targets a sample of industrial establishments engaged in key activities, including mining and quarrying, manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewage, waste management, and remediation activities.
 

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