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A manufacturing facility in Saudi Arabia
Saudi Arabia’s Industrial Production Index (IPI) rose 20.8% year-on-year (YoY) in June.
Data issued by the General Authority for Statistics (GASTAT) shows that Saudi IPI rose to 133.1 points in June 2022, according to the base year 2010, compared to 110.2 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% |
The index maintained its positive performance driven by a rise in production in the mining and quarrying activity, as well as manufacturing.
The manufacturing activity recorded a 29.3% increase. Mining and quarrying, also rose by 19.2%, while the electricity supply activity saw a decline of 1.2%.
|
IPI by Activity in June 2022 |
|||
|
Main Sections |
June 2021 |
June 2022 |
Change |
|
Mining & Quarrying |
109.7 |
130.8 |
+ 19.2% |
|
Manufacturing |
109.7 |
141.8 |
+ 29.3% |
|
Electricity Supply |
124.3 |
122.9 |
(1.2%) |
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