Saudi Arabia’s industrial production rises by 7.15% in September: GASTAT

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RIYADH: The Saudi Industrial Production Index increased by 7.15 percent in September 2022, compared to the same month in 2021, official data showed.

The IPI continued to achieve positive growth trends, driven by an increase in production activities of mining and quarrying, manufacturing, and electricity and gas supply, according to the General Authority for Statistics.

The growth of the IPI has been positive since May 2021, after a series of months that witnessed negative growth in 2019 and 2020 partially impacted by the effects of the global pandemic.