After two years of sharp decline, the Palestinian industrial production index recorded a small gain in 2016.
According to the Feb. 5 report of the Palestinian Central Bureau of Statistics, the index for industrial production rose 0.96% in 2016, after witnessing a drop of 3.9% in 2014 and 3.8% in 2015. In December 2016, industrial production in Palestine increased by 4.9% compared with the same month in 2015. It was the highest growth registered since April 2016.