Industrial Production Index (IPI)
(2015 = 100)
The IPI for overall 2020 recorded a decline of 4.2 per cent as compared to the previous year. The drop was influenced by all indices; Mining index (-9.7%), Electricity index (-3.7%) and Manufacturing index (-2.7%).
The IPI grew 1.7 per cent in December 2020 as compared to the same month of the previous year. The growth of IPI in December 2020 was driven by the Manufacturing index with 4.1 per cent. Meanwhile, Mining and Electricity index dropped 5.4 per cent and 0.2 per cent respectively.
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