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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi Industrial Production Index Sees Upward Growth

Authority Mining Electricity Covid-19 Pandemic Ministry
The Saudi industrial production index (IPI) continued its upward growth as it recovers from the coronavirus pandemic. (Asharq Al-Awsat)

The Saudi industrial production index (IPI) has continued its upward growth since May 2021, after negative growth rates in 2019 and 2020 that were caused by the coronavirus pandemic.

The Saudi General Authority for Statistics (GASTAT) revealed that IPI increased 16.8 percent compared to August of 2021, as it continued to achieve positive growth trends due to high production in mining, quarrying, manufacturing, electricity, and gas supply.

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