The Industrial Production Index (IPI) April 2023 reached to 106.4 points increased by 2.8% compared to the previous month (March 2023), and increased by 2.1%, when compared to the corresponding month in 2022.
The index for April 2023 has a relative weight of main economic sectors under this indicator are changed also, therefore "mining" 82.46%, "manufacturing" 15.85%, "electricity production" 1.16%, "water production" 0.53%.
The index of the mining sector showed an increase by 3.2% compared to the previous month (March 2023), because of the increase in the quantities of "crude oil petroleum and natural gas" with the same percentage, while "other mining and quarrying" decreased by 1.7%.
When compared to the corresponding month of the previous year (April 2022), the IPI of mining increased by 1.5%, and the while "other mining and quarrying" by 2.1%.
For manufacturing the index of this sector showed an increase by 0.5% compared to the previous month (March 2023), the groups showed an increase include: "Manufacture of refined petroleum products" by 2.2%, followed by "manufacture of basic metals" by 1.4%, "manufacture of cement and other non-metallic mineral products" by 0.2%, and "manufacture of chemicals and chemical products" by 0.1%. However, a decrease was recorded in "manufacture of food products" by 5.0%, "manufacture of beverages" by 2.7%, "printing and reproduction of recorded media by 2.5%, and "manufacture of rubber and plastics products" by 2.3%.
On the other hand, in terms of annual change, comparing to April 2022, an increase of 6.5% was recorded, due to the increase in "manufacture of chemicals and chemical products" by 13.6%, followed by "manufacture of food products" by 12.0%, "manufacture of basic metals" by 1.2%, and "manufacture of beverages" by 0.1%. However, a decrease recorded in Printing and reproduction of recorded media by 9.1%, "manufacture of rubber and plastics products" by 8.1%, "manufacture of refined petroleum products" by 4.1%, and "manufacture of cement and other non-metallic mineral products" by 3.4%.
For "electricity, gas, supply": An increase of 6.1% was noticed in the production of "electricity" between April 2023 and the previous month (March 2023). Compared with corresponding month (April 2022), a decrease of 14.9% was recorded.