The Industrial Production index (IPI) in January 2024 reached 108.7 points, an increase of 4.0 percent compared to December 2023 and an increase of 5.5 percent compared to January 2023. The Planning and Statistics Authority has issued the press release of industrial production index for January 2024, calculated using 2018 as a base year. This indicator reflects the growth of details of the growth of the various industrial economic sectors that make up it, with a different relative weight they have, such “Mining and quarrying” 82.46 percent, “Manufacturing” 15.85 percent, “Electricity, gas, steam, and air conditioning supply” 1.16 percent, and “Water supply” 0.53 percent. —Zawya
