Doha, Qatar— Qatar has recorded a 9.3 percent drop in the Industrial Production index (IPI) in the month of October 2023 to 93.1 points, compared to the previous month (September 2023), and decreased by 6.0 percent, when compared to the corresponding month in 2022, according to the Planning and Statistics Authority.
The mining sector index showed a decrease by 11.1 percent compared to the previous month (September 2023), due to the decrease in the quantities of “crude oil petroleum and natural gas” with the same percentage, while “Other mining and quarrying” increased by 1.9 percent.
When compared to the corresponding month of the previous year (October 2022), the IPI of mining decreased by 7.1 percent due to the decrease in the quantities of “crude oil petroleum and natural gas” with the same percentage.
“Other mining and quarrying” decreased by 3.6 percent. The index of the manufacturing sector showed an increase by 0.1 percent compared to the previous month (September 2023).
The groups showed an increase include: “Manufacture of Cement and other non-metallic mineral products” by 4.3 percent, followed by “Printing and reproduction of recorded media by 3.2 percent, and “Manufacture of refined petroleum products” by 2.8 percent.
However, a decrease was recorded in “Manufacture of rubber and plastics products” by 3.0 percent, followed by “Manufacture of beverages” by 1.5 percent, “Manufacture of basic metals” by 1.2 percent, “Manufacture of food products” by 0.8 percent, and “Manufacture of chemicals and chemical products “by 0.7 percent.
On the other hand, in terms of annual change, comparing to October 2022, a decrease of 1.5 percent was recorded, due to the decrease in Printing and reproduction of recorded media by 9.1 percent.
“Manufacture of refined petroleum products” was down by 6.7 percent, “Manufacture of food products” by 4.8 percent, “Manufacture of rubber and plastics products” by 3.3 percent, “Manufacture of chemicals and chemical products” by 2.9 percent, and “Manufacture of Cement & other non-metallic mineral products” by 2.2 percent. However, an increase recorded in “Manufacture of basic metals” by 13.4 percent, and “Manufacture of beverages” by 3.8 percent.
“Electricity, gas, supply”: A decrease of 9.5 percent was noticed in the production of “Electricity” between October 2023 and the previous month (September 2023). Comparing with the corresponding month (October 2022), an increase of 1.6 percent was recorded.
“Water Supply”: An increase of 2.0 percent was noticed in the production of ‘Water between October 2023 and the previous month (September 2023). Compared with the corresponding month (October 2022), a decrease of 1.9 percent was recorded.