Saudi Arabia’s Industrial Production Index grew by 26.7 percent in April 2022 compared to the same month of last year, according to the General Authority for Statistics, also known as GASTAT.
The positive growth, which is the highest since January 2019, is driven by higher production in its two main sub-sectors — mining and quarrying and manufacturing.
As the dominant sector in the index, mining and quarrying took 74.5 percent of the weight in the general IPI, while the manufacturing and electricity and gas supply sectors took 22.6 percent and 2.9 percent, respectively. Mining and quarrying grew by 28.3 percent in April compared to the same period last year.—AN
