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

Saudi Industrial Production Index up 24% in May

GaStat Electricity Mining General Authority for Statistics
Workers in front of an aluminum factory in Ras al-Khair (AFP)

The Saudi industrial production index (IPI) increased in May by 24 percent compared to the same period last year, according to General Authority for Statistics (Gastat).

The IPI continued to show positive growth rates due to the high production in the three sub-sectors mining and quarrying, manufacturing, and electricity and gas supplies.

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