Riyadh, Saudi Arabia — Saudi Arabia’s Industrial Production Index increased by 6.8 percent in Jan 2023, compared to Jan 2022, mainly due to the increase in mining, quarrying manufacturing activities.
A monthly bulletin by the General Authority for Statistics said the mining and quarrying activity increased by 3 percent year on year, the manufacturing activity increased by 19.2 percent, while the electricity and gas supply activity decreased by 3.4 percent.
GASTAT issues a number of statistical products related to industry, including the Industrial Production Index, which is an economic indicator that reflects the relative changes and development in the volume of industrial production.
This is based on data of the Industrial Production Survey, which is implemented monthly and targets industrial establishments in mining and quarrying, manufacturing activity, and electricity and gas supply sectors.