A manufacturing facility in Saudi Arabia
Saudi Arabia’s Industrial Production Index (IPI) rose 17.7% year-on-year (YoY) in July 2022.
Data issued by the General Authority for Statistics (GASTAT) shows that Saudi IPI rose to 135.2 points in July 2022, according to the base year 2010, compared to 114.9 points in the year-ago period.
The following table shows the development of the index:
|
Industrial Production Index (IPI) |
||
|
Period |
Index (Points) |
YoY Change |
|
January 2021 |
113.33 |
(6.9%) |
|
February |
103.85 |
(14.8%) |
|
March |
103.80 |
(14.5%) |
|
April |
102.72 |
(24.0%) |
|
May |
106.29 |
+ 0.5% |
|
June |
110.16 |
+ 11.9% |
|
July |
114.89 |
+ 5.9% |
|
August |
119.05 |
+ 5.8% |
|
September |
119.76 |
+ 6.5% |
|
October |
121.78 |
+ 7.7% |
|
November |
124.20 |
+ 10.3% |
|
December |
125.20 |
+ 11.2% |
|
January 2022 |
125.94 |
+ 11.1% |
|
February |
127.01 |
+ 22.3% |
|
March |
129.51 |
+24.8% |
|
April |
130.17 |
+26.7% |
|
May |
131.78 |
+24.0% |
|
June |
133.08 |
+20.8% |
|
July |
135.23 |
+17.7% |
The index maintained its positive performance driven by a collective rise in all production activities.
The manufacturing activity recorded a 33% YoY increase. Mining and quarrying, rose by 14% YoY, while the electricity supply activity inched up by 5% YoY.
|
IPI by Activity in July 2022 |
|||
|
Main Sectors |
July 2021 |
July 2022 |
Change |
|
Mining & Quarrying |
116.5 |
132.9 |
+14% |
|
Manufacturing |
107.2 |
142.2 |
+33% |
|
Electricity Supply |
134.1 |
140.9 |
+5% |
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