18 Jun 2024

Last update 10 / 08 / 2022

Industrial Production Index Increases by 20.8% in June 2022

GASTAT issued today, Wednesday, Muharram 12, 1444 AH, corresponding to August 10, 2022, the results of the Industrial Production Index (IPI) in June 2022, and published it on its official website www.stats.gov.sa 
The publication results revealed the increase of IPI in June 2022 by 20.8% compared to June 2021. This was due to the increase in mining, quarrying and manufacturing activities.
The results of the monthly publication showed an increase in the index of mining and quarrying activity in June 2022 by 19.2% compared to the same month of the previous year 2021. In June 2022, the manufacturing activity index increased by 29.3% compared to June 2021, and the electricity and gas supply activity decreased by 1.2% compared to the same month of the previous year in 2021.
According to the publication results, the general index of industrial production in June 2022 increased by 1.0% compared to May 2022, affected by the increase in mining and quarrying activity, which appeared to be high by 1.0%. The electricity and gas supplies activity increased by 9.3%, while the manufacturing activity stabilized at the same level of production compared to the previous month.
GASTAT issues a number of Industry-related statistical products, including the Industrial Production Index (IPI), which is an economic indicator that reflects relative changes and evolution in the volume of industrial production quantities based on the data of the industrial production survey. It is implemented monthly and targets industrial establishments operating in the targeted activities, which are mining and quarrying, manufacturing, and electricity and gas supply.

 

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