Saudi Arabia’s industrial production jumped 6.5 per cent in July from a year earlier, driven by solid gains in manufacturing and mining, official data showed, reports Arab News.
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 (GASTAT), highlighting momentum in sectors key to the kingdom’s diversification drive.
The latest figures reflect progress under Vision 2030, Saudi Arabia’s economic transformation plan aimed at reducing dependence on hydrocarbon revenues.
“Preliminary results indicate a 6.5pc 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 7pc year on year in July, aided by a 13.8pc jump in coke and refined petroleum products.
The chemicals segment also contributed, with output increasing 8.9pc. Monthly, manufacturing edged up 0.4pc, helped by a 1pc rise in refined petroleum production.
Mining and quarrying activities grew 6pc annually in July, supported by Saudi Arabia’s decision to raise oil production to 9.53 million barrels per day, compared with 8.94m bpd a year earlier. Month on month, the sub-index increased by 1.8pc.
Electricity, gas, steam, and air conditioning supply expanded 0.9pc year on year, while water supply, sewerage, waste management and remediation activities jumped 8.5pc.
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