Mubasher: The Qatari industrial production index (IPI) hiked 7.1% year-on-year to 103.9 points in November 2017, from 97 points in the same period a year earlier, according to the Ministry of Development Planning and Statistics’ (MDPS) data.
The general PPI consists of three main components: Mining accounted for 83.6%, while manufacturing, electricity and water made up 15.2%, 0.7% and 0.5%, respectively, the data revealed on Tuesday.
The PPI surged on the back of the mining sector’s growth with 7.2%, encouraged by the hike of oil and natural gas production and 2.8% increase in other mining and quarrying businesses.
Similarly, the manufacturing production hiked 601%, led by refined oil products which surged 35.1%.
The manufacturing sector shrugged off the drop in rubber and plastic industry which decreased 8.3%, while cement and other non-metallic mineral products fell 11.7%, the data showed.
Moreover, the production of electricity, gas, steam and air-conditioning levelled up 14.9%, whereas water supply decreased 2%.