https://arab.news/63u67
- Sub-index of manufacturing rose 7% year on year
- Chemicals segment climbed 8.9%
RIYADH: Ƶ’s industrial production jumped 6.5 percent in July from a year earlier, driven by solid gains in manufacturing and mining, official data showed.
The Industrial Production Index rose to 111.5 in July, up from 110 in June, according to a preliminary report from the General Authority for Statistics, highlighting momentum in sectors key to the Kingdom’s diversification drive.
The latest figures reflect progress under Vision 2030, Ƶ’s economic transformation plan aimed at reducing dependence on hydrocarbon revenues.
“Preliminary results indicate a 6.5 percent increase in the IPI in July 2025 compared to the same month of the previous year,” GASTAT said.
It added that the rise was supported by growth in mining and quarrying, manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewerage, waste management, and remediation activities.
The sub-index of manufacturing rose 7 percent year on year in July, aided by a 13.8 percent jump in coke and refined petroleum products.
The chemicals segment also contributed, with output increasing 8.9 percent. Monthly, manufacturing edged up 0.4 percent, helped by a 1 percent rise in refined petroleum production.
Mining and quarrying activities grew 6 percent annually in July, supported by Ƶ’s decision to raise oil production to 9.53 million barrels per day, compared with 8.94 million bpd a year earlier. Month on month, the sub-index increased by 1.8 percent.
Electricity, gas, steam, and air conditioning supply expanded 0.9 percent year on year, while water supply, sewerage, waste management and remediation activities jumped 8.5 percent.
Overall, the index of oil activities advanced 7.8 percent in July from a year earlier, while non-oil activities rose 3.5 percent. Compared to June, oil activities were up 1.6 percent and non-oil operations gained 0.6 percent.
Earlier this month, GASTAT reported that Ƶ’s real gross domestic product grew 3.9 percent in the second quarter, fueled by robust non-oil activity that extended its growth streak to 18 consecutive quarters.
According to the authority, non-oil activities in the Kingdom expanded 4.6 percent year on year in the second quarter, underscoring progress in the Kingdom’s economic diversification drive.