2024 Qatar IPI dropped 3.1% MoM, 5.9% YoY, but beverages, refined petroleum, and rubber/plastics increased, partially offsetting decline.
In April 2024, Qatar's Industrial Production Index (IPI) dropped by 3.1% month-on-month and 5.9% year-on-year, according to National Planning Council data. However, production of beverages, refined petroleum products, and rubber and plastics increased, partially offsetting the decline. The mining and quarrying sector, significant in IPI, saw a 3.3% monthly drop and 6.1% annual decrease, while manufacturing and utilities also experienced declines.
June 16, 2024
3 Articles