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Saudi industrial output drops 8.1% in July
A report from the Saudi General Authority for Statistics revealed that the industrial production index in the Kingdom decreased by 8.1% year-on-year in July 2026, due to declines in mining, quarrying, and manufacturing activities. However, the index rose by 10.4% month-on-month, supported by the electricity, water, and waste management sectors. Oil activities also declined by 11.4% year-on-year, while the non-oil activities index increased slightly by 0.3%. Oil production productivity decreased by 16.3% compared to June 2026, amid fluctuating performance across industrial sectors.
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