Official data reveals that Saudi Arabia’s Industrial Production Index experienced a slight increase of 0.3 percent in January, primarily driven by a small uptick in mining and quarrying activities. According to the General Authority for Statistics (GASTAT), manufacturing activities within the Kingdom saw a growth of 1.1 percent compared to December 2023, while mining and quarrying activities witnessed a 0.1 percent rise.
GASTAT states that due to the significant weight of 61.4 percent attributed to mining and quarrying activity in the index, the trend in the mining and quarrying sector dominates the overall trend of the Industrial Production Index.
