{"id":42823,"date":"2021-02-06T15:33:55","date_gmt":"2021-02-06T15:33:55","guid":{"rendered":"https:\/\/new.igihe.com\/industrial-output-increased-by-2-3-percent-in-december-2020\/"},"modified":"2021-02-11T09:00:58","modified_gmt":"2021-02-11T09:00:58","slug":"industrial-output-increased-by-2-3-percent-in-december-2020","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/industrial-output-increased-by-2-3-percent-in-december-2020\/","title":{"rendered":"Industrial output increased by 2.3 percent in December 2020"},"content":{"rendered":"<p>In December 2020, the Index of Industrial Production (IIP) shows that, industrial output (formal sector) increased by 2.3 percent compared to December 2019, against a decrease of 5.7 percent on annual average basis.<\/p>\n<p>Among other areas, Mining and quarrying decreased by 72.9 percent; Manufacturing increased by 12.0 percent; Electricity increased by 8.2 percent while Water and waste management increased by 17.8 percent.<\/p>\n<p>The increase in manufacturing is mainly due to an increase of 74.1 percent increase in manufacturing of non-metallic mineral products and 51.6 percent increase in manufacturing of metal products, machinery and equipment.<\/p>\n<p>Published on monthly basis, IIP series has been developed by the National Institute of Statistics of Rwanda to provide more timely estimates of the broad trends of industrial output.<\/p>\n<p>NISR reports that industrial output decreased by 5.7% in 2020 compared to 2019.<br \/>\nIndustries are among sectors affected by measures implemented to contain the spread of Covid-19 pandemic due to activities that were put on a standstill. <\/p>\n<p>As enshrined Rwanda\u2019s National Strategy for Transformation (NST1), industries are expected to contribute 34% of GDP by 2024.   <\/p>\n<p>The sector has previously grown at a remarkable pace where it contributed 18% of GPD following agriculture sector with 24% and service sector with 49%.  <\/p>\n<p>Since 2015, the manufacturing sector has been hugely contributing to national economy. <\/p>\n<p> Rwanda has over 800 small and medium factories as per 2020 figures. <\/p>\n<figure class=\"spip-document spip-document-37765 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/inganda.jpg\" alt=\"The bird view of Special Economic Zone in Gasabo district, Kigali city.  \" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{The National Institute of Statistics of Rwanda (NISR) has said that industrial production increased by 2.3% in December 2020 compared to the same period in the previous year. } <\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[72,75],"byline":[170],"hashtag":[],"class_list":["post-42823","post","type-post","status-publish","format-standard","hentry","category-news","tag-featured-news-home","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/42823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=42823"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/42823\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=42823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=42823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=42823"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=42823"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=42823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}