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Tribune News Network
Doha
Qatar’s industrial production in May rose 6 percent from April mostly due to a jump in the mining output, which includes oil and gas production.
According to the Planning and Statistics Authority (PSA), the key Industrial Production Index stood at 104.2 points in May, down 2 percent from a year ago.
The mining component of the index, which has a relative weightage of 83.6 percent, showed an increase of 7.9 percent month-on-month and a decline of 1.2 percent year- on- year.
The m-o-m climb in mining output was driven by increased production of crude oil and natural gas, by 7.9 percent. However, production under the “other mining and quarrying” group showed a month-on-month decline of 1.2 percent.
Qatar’s manufacturing output — which has a relative weightage of 15.2 percent in the index — declined in May, showing a 3.4 percent fall from April. PSA attributed this to fall in the manufacture of cement and other non-metallic mineral products by 13.8 percent; food products by 10.8 percent; refined petroleum products by 7 percent; chemicals and chemical products by 2.9 percent, and rubber and plastics products by 2.8 percent.
However, manufacturing output in two groups went up — beverages by 4.2 percent and basic metals by 2.3 percent.
As for printing and reproduction of recorded media, the production was stopped during the month of May 2020 due to the coronavirus pandemic. The relative weight of this group was distributed to the rest of the sub-groups of the manufacturing sector.
The manufacturing component of the IPI in May showed a 6-percent decline when compared with that in the same month last year.
The fall was driven mainly by decreased productions of cement and other non-metallic mineral products by 30.3 percent; refined petroleum products by 22.7 percent; basic metals by 17.7 percent; rubber and plastics products by 6.6 percent and beverages by 5.5 percent. However, manufacturing output went up in two groups year-on-year — food products, and chemicals and chemical products by 1.5 percent each.
Electricity output — which accounts for 0.7 percent of IPI — increased 24.3 percent in May month-on-month and fell 2.8 percent year-on-year.
Similarly, water production (desalination), which carries a weightage of 0.5 percent, showed a decline of 5.6 percent month-on-month and an increase of 3.6 percent year-on-year.
Doha
Qatar’s industrial production in May rose 6 percent from April mostly due to a jump in the mining output, which includes oil and gas production.
According to the Planning and Statistics Authority (PSA), the key Industrial Production Index stood at 104.2 points in May, down 2 percent from a year ago.
The mining component of the index, which has a relative weightage of 83.6 percent, showed an increase of 7.9 percent month-on-month and a decline of 1.2 percent year- on- year.
The m-o-m climb in mining output was driven by increased production of crude oil and natural gas, by 7.9 percent. However, production under the “other mining and quarrying” group showed a month-on-month decline of 1.2 percent.
Qatar’s manufacturing output — which has a relative weightage of 15.2 percent in the index — declined in May, showing a 3.4 percent fall from April. PSA attributed this to fall in the manufacture of cement and other non-metallic mineral products by 13.8 percent; food products by 10.8 percent; refined petroleum products by 7 percent; chemicals and chemical products by 2.9 percent, and rubber and plastics products by 2.8 percent.
However, manufacturing output in two groups went up — beverages by 4.2 percent and basic metals by 2.3 percent.
As for printing and reproduction of recorded media, the production was stopped during the month of May 2020 due to the coronavirus pandemic. The relative weight of this group was distributed to the rest of the sub-groups of the manufacturing sector.
The manufacturing component of the IPI in May showed a 6-percent decline when compared with that in the same month last year.
The fall was driven mainly by decreased productions of cement and other non-metallic mineral products by 30.3 percent; refined petroleum products by 22.7 percent; basic metals by 17.7 percent; rubber and plastics products by 6.6 percent and beverages by 5.5 percent. However, manufacturing output went up in two groups year-on-year — food products, and chemicals and chemical products by 1.5 percent each.
Electricity output — which accounts for 0.7 percent of IPI — increased 24.3 percent in May month-on-month and fell 2.8 percent year-on-year.
Similarly, water production (desalination), which carries a weightage of 0.5 percent, showed a decline of 5.6 percent month-on-month and an increase of 3.6 percent year-on-year.
