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

Saudi IPI Records Highest Growth in 3 Years

General Authority for Statistics
A general view of Riyadh, Saudi Arabia. (Reuters)

The Saudi Industrial Production Index (IPI) recorded its highest growth in three years, reaching 11.1 percent last January on an annual basis, according to official data.

The General Authority for Statistics indicated that the increase in the annual growth rate is a clear indication of the recovery of industrial production in the country.

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