Saudi industrial production rises 4.3% month-on-month in June despite 16.3% annual decline

Saudi industrial production rises 4.3% month-on-month in June despite 16.3% annual decline

RIYADH — Saudi Arabia’s Industrial Production Index (IPI) rose 4.3 percent from the previous month, despite recording a 16.3 percent year-on-year decline, according to preliminary data from the General Authority for Statistics (GASTAT) for June 2026. On a monthly basis, mining and quarrying increased 5.1 percent, while manufacturing activity rose 1.8 percent. The manufacturing increase was supported by a 3.1 percent rise in the manufacture of co…