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Saudi industrial production rises 0.3%

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Saudi Arabia’s Industrial Production Index recorded a 0.3 percent monthly increase in January, propelled by a marginal rise in mining and quarrying activity, official data showed.

In January, manufacturing activities in the Kingdom increased by 1.1 percent compared to December 2023, according to the General Authority for Statistics, while mining and quarrying activities saw a 0.1 percent rise.

The increase in manufacturing activities in January was fueled by a 1.7 percent surge in the production of coke and refined petroleum products.

GASTAT reported a 1 percent increase in water supply, sewage, waste management, and remediation activities in January compared to the previous month. —AN

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