Industrial Production Up 0,3% in January: Statistics

Jerusalem, 5 March, 2020 (TPS) -- Industrial production in January 2020 has increased by 0,3% compared to the same period in 2019, State Statistical Office data shows.

Compared to January 2019, the industrial production in January 2020 increased by 9,4% in the Mining and quarrying sector and 4,6% in the Manufacturing sector, while it decreased by 15,8% in the Electricity, gas, steam and air conditioning sector.

The increase in the Manufacturing sector is mostly due to increased production in the divisions: Manufacture of food products, Manufacture of beverages, Manufacture of textiles, Manufacture of wearing apparel, Manufacture of rubber and plastic products, Manufacture of other non-metallic mineral products, Manufacture of basic metals, Manufacture of fabricated metal products, except machinery and equipment, Manufacture of motor vehicles, trailers and semi-trailers and Manufacture of furniture.

Compared to January 2019, industrial production by Main Industrial Groupings in January 2020, was higher in the Intermediate goods, except energy by 14,9% and Non-durable consumer goods by 6,0%, but lower in Energy by 12,7%, Capital goods by 5,5% and Durable consumer goods by 5,4%.