Doha: Qatar’s Industrial Production Index (IPI) for May 2021 stood at 105.8 points, showing an increase of 6 percent compared to the previous month (April 2021). When compared on year-on-year basis, the IPI index has increased by 1.7 percent compared to the corresponding month in 2020, according to the data released by the Planning and Statistics Authority (PSA).
The Industrial Production Index consists of three main components: ‘Mining’ with a relative importance of 83.6 percent, ‘Manufacturing’ with a relative importance of 15.2 percent, ‘Electricity’ with a relative importance of 0.7 percent, and finally ‘Water’ with a relative importance of 0.5 percent.
The index of mining sectorsector showed an increase by 5.9 percent compared to the previous month (April 2021), because of the increase in the quantities of ‘crude oil petroleum and natural gas’ by 5.9 percent, while ‘Other mining and quarrying’ showed a decrease by 3.8 percent. When compared to the corresponding month of the previous year (May 2020), the IPI of Mining increased by 0.7 percent.
The index of manufacturing sector showed an increase by 5.5 percent compared to the previous month (April 2021). Manufacture of refined petroleum products increased by 7.2 percent, followed by ‘Manufacture of basic metals’ by 7 percent, ‘Manufacture of chemicals and chemical products’ by 5.9 percent, ‘Manufacture of beverages’ by 5.3 percent, and ‘Manufacture of food products’ by 0.4 percent. However, a decrease was recorded in ‘’ Printing and reproduction of recorded media’’ by 8.8 percent, ‘Manufacture of Cement and other non-metallic mineral products’ by 5.3 percent, and ‘Manufacture of rubber and plastics products’ by 2.2 percent.
On the other hand, in terms of annual change, comparing to May 2020, an increase of 7.7 percent was recorded, affected by the following groups: ‘Manufacture of Cement & other non-metallic mineral products’ by 55.3 percent, followed by ‘Manufacture of basic metals’ by 29.6 percent, ‘Manufacture of refined petroleum products’ by 25.3 percent, ‘Manufacture of rubber and plastics products’ by 16.9 percent. However, a decrease was recorded in, ‘Manufacture of beverages’ by 10.9 percent, ‘Manufacture of food products’ by 7 percent, and ‘Manufacture of chemicals and chemical products’ by 1.2 percent. An increase of 36 percent was noticed in the production of ‘Electricity’ between May 2021 and the previous month (April 2021), comparing with corresponding month (May 2020), an increase of 9.4 percent was recorded.
An increase of 7 percent was noticed in the production of ‘‘Water’’ between May 2021 and the previous month (April 2021). Comparing with corresponding month (May 2020), a decrease of 19.8 percent was recorded.
