Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

General industrial index up by 12pct in 2022

20-03-2023 01:47 PM


Ammon News - Jordan's general industrial index grew by 12.2 percent in 2022, reaching 127.6 points compared to 2021, according to Jordan and Amman Chambers of Industry (JACI) President Fathi Jaghbir.

The general index, issued by JACI's strategy and studies department, showed that the improved industrial performance was mainly driven by the exports index, a component of the general index that achieved the highest growth of 37.3 percent in 2022.

The questionnaire index (feedback of industrial business owners) and the industrial production index also went up by 10 percent and 2.8 percent, respectively, contributing to the general index's increase, added Jaghbir.

The employment index, he continued, edged up by 2.3 percent, showing the industrial sector's potential to generate jobs and reduce unemployment in the Kingdom.

He noted that all ten industrial sectors expanded in 2022. The general industrial index showed that mining industries came first with a 29.3 growth rate due to high demand for their products.

The packaging and office supplies industries came second with a 15.9-percent increase, followed by chemical and cosmetics industries with 14.9 percent, foodstuff with 13.6 percent, engineering with 12.1 percent, plastics with 9.6 percent, furniture with 7.8 percent, leather and knitting with 2.8 percent, and medical industries with 2.5 percent.

The general index was drawn up according to global practices by merging six sub-indexes: exports, production, employment, establishments, and capital.




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :