Saudi industrial production index rises 15.7% in September

10/11/2022 Argaam Special
Production line in a factory

Production line in a factory


Saudi Arabia’s Industrial Production Index (IPI) grew 15.7% year-on-year (YoY) in September 2022. 

 

Data issued by the General Authority for Statistics (GASTAT) shows that Saudi IPI rose to 138.5 points in September 2022, according to the base year 2010, compared to 119.8 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%

August

139.09

+16.8%

September

138.50

+15.7%

* Updated data according to GASTAT.

 

 

 

The mining and quarrying activity rose by 14.2% YoY as the Kingdom increased its oil production to reach its highest level of more than 11 million barrels per day in September.

 

The manufacturing activity recorded a 22% YoY increase, while the electricity supply activity rose by 5.5% YoY.

 

IPI by Activity in September 2022

Main Sectors

September 2021

September 2022

Change

Mining & Quarrying

118.80

135.70

+14.2%

Manufacturing

119.90

146.30

+22.0%

Electricity Supply

143.20

151.10

+5.5%

 

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