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QNA
Doha
Qatar’s Industrial Production Index (IPI) scored 101.4 points in February, down 3.3 percent on a monthly basis compared to January.
It also fell by the same percentage on an annual basis when compared to February 2019.
This index illustrates the growth in various industrial and economic sectors such as mining, manufacturing, electricity production, and water desalination that represent 83.6 percent, 15.2 percent, 0.7 percent, and 0.5 percent respectively.
The Planning and Statistics Authority (PSA) shows that the production index for the mining sector declined last February by 3.5 percent on a monthly basis compared to the previous month due to a decrease in the quantities produced in the crude oil and natural gas group by 3.6 percent, while other mining and quarrying activities increased by 1.6 percent. On an annual basis, the index also fell 3.2 percent.
The manufacturing sector recorded a monthly decrease of 2 percent due to decline in production in five groups like the refined oil products industry declined by 11.7 percent, the base metal industry by 6.3 percent, the food products industry by 2.4 percent, the beverage industry by 1.6 percent, and the cement and non-metallic mineral products by 1.3 percent.
On the other hand, production increased in two groups as the chemical and chemical products industry and the rubber and plastics products industry increased by 1.3 percent and 1.2 percent respectively. Meanwhile, the paint and reproduction media industry did not witness any significant change.
The annual decline in the manufacturing sector reached 3.8 percent as a result of a decline in production in refined oil products by 18.6 percent, the cement, and other non-metallic mineral products by 5.8 percent, the food products industry by 5.0 percent and the chemical and chemical products industry by 4.1 percent.
The base metal industry increased by 18.3 percent, followed by the beverage industry by 9.1 percent, the rubber and plastics products industry by 2.8 percent and the printing and reproduction media by 1.3 percent.
Production in the electricity sector decreased between January and February 2020 by 5.9 percent. The water sector also recorded a monthly decline in production by 4.2 percent and annually by approximately 4.1 percent.
Doha
Qatar’s Industrial Production Index (IPI) scored 101.4 points in February, down 3.3 percent on a monthly basis compared to January.
It also fell by the same percentage on an annual basis when compared to February 2019.
This index illustrates the growth in various industrial and economic sectors such as mining, manufacturing, electricity production, and water desalination that represent 83.6 percent, 15.2 percent, 0.7 percent, and 0.5 percent respectively.
The Planning and Statistics Authority (PSA) shows that the production index for the mining sector declined last February by 3.5 percent on a monthly basis compared to the previous month due to a decrease in the quantities produced in the crude oil and natural gas group by 3.6 percent, while other mining and quarrying activities increased by 1.6 percent. On an annual basis, the index also fell 3.2 percent.
The manufacturing sector recorded a monthly decrease of 2 percent due to decline in production in five groups like the refined oil products industry declined by 11.7 percent, the base metal industry by 6.3 percent, the food products industry by 2.4 percent, the beverage industry by 1.6 percent, and the cement and non-metallic mineral products by 1.3 percent.
On the other hand, production increased in two groups as the chemical and chemical products industry and the rubber and plastics products industry increased by 1.3 percent and 1.2 percent respectively. Meanwhile, the paint and reproduction media industry did not witness any significant change.
The annual decline in the manufacturing sector reached 3.8 percent as a result of a decline in production in refined oil products by 18.6 percent, the cement, and other non-metallic mineral products by 5.8 percent, the food products industry by 5.0 percent and the chemical and chemical products industry by 4.1 percent.
The base metal industry increased by 18.3 percent, followed by the beverage industry by 9.1 percent, the rubber and plastics products industry by 2.8 percent and the printing and reproduction media by 1.3 percent.
Production in the electricity sector decreased between January and February 2020 by 5.9 percent. The water sector also recorded a monthly decline in production by 4.2 percent and annually by approximately 4.1 percent.
