Saudi Arabia's Industrial Output Drops 23.5%
According to data from the General Authority for Statistics in Saudi Arabia, the industrial production index in the Kingdom decreased by 23.5% in August 2026 compared to the same month of the previous year, primarily due to a decline in mining, quarrying, and manufacturing activities. The index also recorded a monthly decline of 14.0%. The oil sector activity index dropped by 33.6% annually, while the non-oil activity index increased by 1.2%. Notable decreases were observed in coal and chemical manufacturing activities, whereas electricity, gas, steam supply, water distribution, and wastewater management saw growth during the same period.
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