Increase in the Industrial Production Index (IPI) in Palestine

The overall IPI in Palestine with its Base Year (2019 = 100) reached 108.50 in 2022 which indicates an increase by 3.27% compared to 2021.

IPI for 2022 increase due to the increase in the activities of Electricity, Gas, Steam and Air Conditioning Supply by 8.47%, the activities of Manufacturing Industry by 3.07%, and the activities of Water Supply, Sewerage, Waste Management and Remediation by 2.16%. While, the activities of Mining and Quarrying decreased by 6.70%.

The table below shows yearly percent changes in IPI in Palestine for the period 2012 – 2022:

Year	Percent Changes %
2012	+ 6.39
2013	+ 7.82
2014	– 3.92
2015	– 3.80
2016	+ 0.96
2017	+ 4.11
2018	– 3.94
2019	+ 3.86
2020	– 7.95
2021	+ 14.13
2022	+ 3.27

 Increase in the Industrial Production Index (IPI) in Palestine during December 2022

The overall IPI in Palestine reached 110.57 during December 2022 with an increase of 0.85% compared to November 2022 (Base Year  2019 = 100).

IPI for December 2022 increased due to the increase in the activities of Electricity, Gas, Steam and Air Conditioning Supply by 13.90% which had a share of 7.38% of the total industry, and the activities of Manufacturing Industry by 0.10% which had a share of 87.89% of the total industry. While, the activities of Water Supply, Sewerage, Waste Management and Remediation decreased by 7.97% which had a share of 1.84% of the total industry, and the activities of Mining and Quarrying decreased by 5.31% which had a share of 2.89% of the total industry.

The table below shows monthly percent changes in IPI for the period: January – December 2022:

Month		Percent Changes (%)
	January	8.58 –
	February	5.98 +
	March	5.58 +
	April	11.04 –
	May	7.92 +
	June	11.39 +
	July	11.41 –
	August	7.80 +
	September	2.50 –
	October	3.69 +
	November	4.22 –
	December	0.85 +
	2022 Com. 2021	3.27 +

The trend line of the Industrial Production Index in Palestine, for the period: January – December 2022 (Base Year 2019 = 100)