‎Saudi Ind. Production Index down 0.2% in Feb

‎Saudi Ind. Production Index down 0.2% in Feb ‎Saudi Ind. Production Index down 0.2% in Feb

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A production line

Saudi Arabia’s Industrial Production Index (IPI) fell 0.2% year-on-year (YoY) in February 2025, data issued by the General Authority for Statistics (GASTAT) showed.

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This marks the first decrease since June 2024, following seven consecutive months of growth.

The IPI dropped to 104.82 points in February, according to the base year 2021, compared to 105.06 points in February 2024.

The index was primarily affected by a decline in the mining and quarrying activity.

The IPI measures the relative change in production quantities of materials and goods, tracking their transformation from raw materials to final consumable products for economic returns.

The following table shows the development of the index:

Industrial Production Index (IPI)*

Period

IPI (Points)

Change (YoY)

January 2024

102.58

(9.4%)

February

105.06

(6.3%)

March

104.45

(8.8%)

April

105.37

(6.3%)

May

107.48

(1.8%)

June

103.95

(5.6%)

July

104.74

+0.2%

August

106.50

+2.5%

September

105.99

+0.03%

October

106.74

+4.9%

November

103.42

+3.0%

December

104.06

+1.9%

January 2025

104.14

+1.5%

February

104.82

(0.2%)

*Updatedaccording to GASTAT data.

Mining and quarrying activity declined 0.7% YoY in February amid lower oil production in the Kingdom. Oil output reached 8.95 million barrels per day (bpd) in February, down from 9.01 million bpd in the year-earlier period.

The manufacturing sub-index rose 0.2% year-on-year, supported by a 3.5% increase in the production of chemicals and chemical products and a notable 6.3% rise in food manufacturing activity.

Moreover, the electricity, gas, steam, and air conditioning supply saw a 1.1% increase, while the water supply, sanitation, waste management, and treatment recorded a strong 13.1% growth compared to the year-earlier period.

IPI by Activity

Main Sectors

February 2024

February2025

Change

Mining Quarrying

98.84

98.13

(0.7%)

Manufacturing

117.17

117.38

+0.2%

Electricity, Gas, Steam Air-Conditioning Supply

89.36

90.37

+1.1%

Water Supply, Sanitation, Waste Management Treatment

107.75

121.81

+13.1%

IPI

105.06

104.82

(0.2%)

 

A production line

Saudi Arabia’s Industrial Production Index (IPI) fell 0.2% year-on-year (YoY) in February 2025, data issued by the General Authority for Statistics (GASTAT) showed.

This marks the first decrease since June 2024, following seven consecutive months of growth.

The IPI dropped to 104.82 points in February, according to the base year 2021, compared to 105.06 points in February 2024.

The index was primarily affected by a decline in the mining and quarrying activity.

The IPI measures the relative change in production quantities of materials and goods, tracking their transformation from raw materials to final consumable products for economic returns.

The following table shows the development of the index:

Industrial Production Index (IPI)*

Period

IPI (Points)

Change (YoY)

January 2024

102.58

(9.4%)

February

105.06

(6.3%)

March

104.45

(8.8%)

April

105.37

(6.3%)

May

107.48

(1.8%)

June

103.95

(5.6%)

July

104.74

+0.2%

August

106.50

+2.5%

September

105.99

+0.03%

October

106.74

+4.9%

November

103.42

+3.0%

December

104.06

+1.9%

January 2025

104.14

+1.5%

February

104.82

(0.2%)

*Updatedaccording to GASTAT data.

Mining and quarrying activity declined 0.7% YoY in February amid lower oil production in the Kingdom. Oil output reached 8.95 million barrels per day (bpd) in February, down from 9.01 million bpd in the year-earlier period.

The manufacturing sub-index rose 0.2% year-on-year, supported by a 3.5% increase in the production of chemicals and chemical products and a notable 6.3% rise in food manufacturing activity.

Moreover, the electricity, gas, steam, and air conditioning supply saw a 1.1% increase, while the water supply, sanitation, waste management, and treatment recorded a strong 13.1% growth compared to the year-earlier period.

IPI by Activity

Main Sectors

February 2024

February2025

Change

Mining Quarrying

98.84

98.13

(0.7%)

Manufacturing

117.17

117.38

+0.2%

Electricity, Gas, Steam Air-Conditioning Supply

89.36

90.37

+1.1%

Water Supply, Sanitation, Waste Management Treatment

107.75

121.81

+13.1%

IPI

105.06

104.82

(0.2%)

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