Saudi industrial production index rose 6% in Q2

Saudi Arabia’s Index of Industrial Production (IIP) rose 5.8 percent year-on-year (YoY) to 137.87 points in Q2 2018, with 2010 used as the base year, data from the General Authority for Statistics (GASTAT) showed.

Industrial Production General Index
Period	Index (Points)	Y-o-Y Variation
Q1 2016	128.07	+1.9%
Q2 2016	129.32	(1.6%)
Q3 2016	133.54	+4.0%
Q4 2016	131.92	+3.2%
Q1 2017	127.95	(0.1%)
Q2 2017	130.26	+0.7%
Q3 2017	134.25	+0.5%
Q4 2017	131.58	(0.3%)
Q1 2018	132.35	+3.4%
Q2 2018	137.87	+5.8%

The mining and quarrying activity index gained 2 percent YoY to 124.06 pts. The manufacturing industry activity stood at 183.53 pts, jumping 16 percent YoY.

The electricity and gas supply activity slipped 0.3 percent YoY to 136.79 pts in Q2 2018.

Industrial Production Index by Activity
Period	Mining & mines		Manufacturing		Electricity supply
Period	Index (points)	Y-o-Y Variation	Index (points)	Y-o-Y Variation	Index (points)	Y-o-Y Variation
Q1 2016	125.33	+4%	136.47	(3%)	133.12		+1%
Q2 2016	126.99	(1%)	134.67	(4%)	147.39		+1%
Q3 2016	131.51	+4%	135.43	+1%	171.00		+29%
Q4 2016	130.91	+4%	138.37	+4%	107.49		(15%)
Q1 2017	119.36	(5%)	161.60	+18%	86.50		(35%)
Q2 2017	121.69	(4%)	157.62	+17%	137.20		(7%)
Q3 2017	123.20	(6%)	164.60	+22%	181.44		+6%
Q4 2017	123.18	(6%)	162.54	+17%	106.12		(1%)
Q1 2018	121.76	+2%	174.68	+8%	74.56		(14%)
Q2 2018	124.06	+2%	183.53	+16%	136.79		(0.3%)

The relative significance of mining and quarrying (including oil) hit the highest level at 74.3 percent. Meanwhile, the relative significance of manufacturing industries reached 21.9 percent.

Industrial Production General Index
Activity	Weighted Average
Mining & mines (including crude extraction)	74.33 %
Manufacturing	21.94 %
Electricity, water & gas	3.73 %

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