(MENAFN- Jordan News Agency)
Amman, Mar. 20 (Petra) -- 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.
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