In March, Qatar's Industrial Production Index rose by 4.7%.

In March, Qatar's Industrial Production Index rose by 4.7%.

The Industrial Production Index (IPI) for March 2024 has reached 100.2 points, showing a 4.7% increase compared to the previous month (February 2024) and a 3.2% decrease compared to March 2023, as reported by the state news agency (QNA).

This index reflects the growth of various industrial economic sectors, with different relative weights such as "Mining and quarrying" at 82.46%, "Manufacturing" at 15.85%, "Electricity, gas, steam, and air conditioning supply" at 1.16%, and "Water supply" at 0.53%.

Data from the Planning and Statistics Authority of Qatar indicates a 4.8% increase in the mining sector compared to February 2024, attributed to a rise in the quantities of "crude oil petroleum and natural gas" by the same percentage, while "Other mining and quarrying" increased by 4.5%.