The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s Industrial Production Index (IPI) rose 5.5% to 109.0 points in March 2026 (base year 2023), from 103.2 points in March 2025, the General Authority for Statistics (GASTAT) data showed. 
The growth recorded in the index during March 2026 is the highest year-on-year since the authority began collecting the index data in January 2024.
The authority stated that this change reflects price movements across the main economic activities included in the index.
The authority defined IPI as one of the key economic indicators used to assess economic performance and monitor changes in domestic product prices at the producer level.
The index aims to measure price changes in locally produced goods and services over specific periods, which helps analyze inflation or deflation trends in various productive activities.
Industrial Production Index (IPI)
Period
Index (Points)
YoY Change
January 2025
104.0
(0.04%)
February
103.5
+0.3%
March
103.2
(0.2%)
April
103.2
(0.01%)
May
102.8
+0.1%
June
102.5
+0.4%
July
102.7
+0.8%
August
102.9
+0.7%
September
103.2
+0.7%
October
103.5
+1.4%
November
103.1
+1.0%
December
103.5
+1.0%
January 2026
104.4
+0.4%
February
104.5
+1.0%
March
109.0
+5.5%
The manufacturing sub-index increased by 5.8% year-on-year (YoY), driven by a 13.5% increase in prices for refined petroleum products manufacturing.
Meanwhile, the sub-index for electricity, gas, steam, and air conditioning supply increased by 0.2%, while the water supply, sewerage, and waste management activities sub-index rose by 10.8%.
IPI by Activity
Main Sectors
Weight
March, 2025
March, 2026
Change
Manufacturing
91.2%
103.5
109.7
+5.9%
Electricity, Gas, and Steam Supplies Air-Conditioning
7.7%
99.5
99.7
+0.2%
Water Supply, Sanitation, Waste Management Treatment Activities
1.1%
107.2
118.7
+10.8%
IPI
100.0%
103.2
109.0
+5.5%
The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s Industrial Production Index (IPI) rose 5.5% to 109.0 points in March 2026 (base year 2023), from 103.2 points in March 2025, the General Authority for Statistics (GASTAT) data showed.
The growth recorded in the index during March 2026 is the highest year-on-year since the authority began collecting the index data in January 2024.
The authority stated that this change reflects price movements across the main economic activities included in the index.
The authority defined IPI as one of the key economic indicators used to assess economic performance and monitor changes in domestic product prices at the producer level.
The index aims to measure price changes in locally produced goods and services over specific periods, which helps analyze inflation or deflation trends in various productive activities.
Industrial Production Index (IPI)
Period
Index (Points)
YoY Change
January 2025
104.0
(0.04%)
February
103.5
+0.3%
March
103.2
(0.2%)
April
103.2
(0.01%)
May
102.8
+0.1%
June
102.5
+0.4%
July
102.7
+0.8%
August
102.9
+0.7%
September
103.2
+0.7%
October
103.5
+1.4%
November
103.1
+1.0%
December
103.5
+1.0%
January 2026
104.4
+0.4%
February
104.5
+1.0%
March
109.0
+5.5%
The manufacturing sub-index increased by 5.8% year-on-year (YoY), driven by a 13.5% increase in prices for refined petroleum products manufacturing.
Meanwhile, the sub-index for electricity, gas, steam, and air conditioning supply increased by 0.2%, while the water supply, sewerage, and waste management activities sub-index rose by 10.8%.
IPI by Activity
Main Sectors
Weight
March, 2025
March, 2026
Change
Manufacturing
91.2%
103.5
109.7
+5.9%
Electricity, Gas, and Steam Supplies Air-Conditioning
7.7%
99.5
99.7
+0.2%
Water Supply, Sanitation, Waste Management Treatment Activities
1.1%
107.2
118.7
+10.8%
IPI
100.0%
103.2
109.0
+5.5%
