Saudi Arabia's industrial production increases by 17.7% in July: GASTAT

RIYADH: Saudi Arabia’s Industrial Production Index increased by 17.7 percent in July compared to the same period a year ago. The growth was primarily driven by high production in the three subsectors — mining and quarrying, manufacturing, and electricity and gas supplies, official data showed.

According to a report from the General Authority for Statistics, mining and quarrying grew by 14.1 percent in July from a year ago as Saudi Arabia increased its oil production to its highest level by more than 10 million barrels per day in July 2022.