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On Thursday September 29, 2022, the General Authority for Statistics (GASTAT) issued the Labor Market Publication for the second quarter of 2022, on its official website www.stats.gov.sa According to the Publication results, the Saudi unemployment rate has decreased to 9.7% in the second quarter of 2022, compared to 10.1% in the first quarter of 2022. The total unemployment rate (for Saudis and non-Saudis) has decreased to 5.8% in the second quarter, compared to 6.0% in the first quarter of 2022. The unemployment rate for Saudi females has also decreased in the second quarter of 2022, reaching 19.3% compared to 20.2% in the previous quarter, and the unemployment rate for Saudi males has decreased in the second quarter of 2022, reaching 4.7% compared to 5.1% in the previous quarter. The labor force indicators in the second quarter of 2022 showed an increase in the total labor force participation rate (for Saudis and non-Saudis) as it has reached 60.8% compared to 60.4% in the first quarter of 2022.The Saudi labor force participation rate has also increased in the second quarter of 2022, reaching 51.8% compared to 50.1% in the previous quarter. The Labor Market Publication results for the second quarter of 2022 indicated an increase in the labor force participation rate for Saudi females in the second quarter of 2022, reaching 35.6% compared to 33.6% in the previous quarter. The labor force participation rate for Saudi males has also increased in the second quarter of 2022, reaching 67.5% compared to 66.0% in the previous quarter. GASTAT indicated that the Labor Market Publication's results depend on a household survey conducted by GASTAT that falls under the classification of (social statistics). In this survey, the information is collected through a sample representing households from the administrative regions in Saudi Arabia, and an electronic questionnaire containing a number of questions. This survey provides estimates and indicators related to the labor force of the working-age population of the age group (15 years and over) who settle in the Kingdom of Saudi Arabia. It also provides an estimate of the population (inside and outside the labor force), as well as calculating the most important labor market indicators, such as the unemployment rate, labor force participation rate, and others.

General Authority for Statistics (GASTAT) issued on its official website www.stats.gov.sa today, Wednesday, September 21, 2022, the International Trade Publication in Saudi Arabia for July 2022. According to the publication, the value of merchandise exports in Saudi Arabia during July 2022 reached (141 billion riyals) one hundred forty-one billion riyals, compared to (89 billion riyals) eighty-nine billion riyals in July 2021, with an increase of (52 billion riyals) fifty-two billion riyals, a percentage of 58.8%. The publication results indicated that the value of oil exports during July 2022 reached (114 billion riyals) one hundred fourteen billion riyals, compared to (67 billion riyals) sixty-seven billion riyals during July 2021, with an increase of (47 billion riyals) forty-seven billion riyals, a percentage of 68.9%. According to the publication's results, the value of non-oil exports (including re-exports) during July 2022 reached (27 billion riyals) twenty-seven billion riyals, compared to (21 billion riyals) twenty-one billion riyals during July 2021, with an increase of (6 billion riyals) six billion riyals, a percentage of 26.4%. The value of merchandise imports in Saudi Arabia during July 2022 reached (55 billion riyals) fifty-five billion riyals, compared to (47 billion riyals) forty-seven billion riyals during July 2021, with an increase of (8 billion riyals) eight billion riyals, a percentage of 18.3%. GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and researches, analyzes data and information, and documents and archives all works of information and statistical data covering all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.

On Monday September 11, 2022, the General Authority for Statistics (GASTAT) revealed the results of Industrial Production Index (IPI) for the month of July 2022.  The publication results showed that during July 2022, IPI increased by 17.7% compared to the same month of last year (July 2021). This increase can be attributed to the increase in mining, quarrying, manufacturing, and electricity and gas supply. According to the monthly publication results, the index of mining and quarrying increased by 14.1% in July 2022, compared to the same month of last year (July 2021). The manufacturing activity increased by 32.6% in July 2022, compared to the same month of last year (July 2021). The electricity and gas supply also increased by 5% in July 2022, compared to July 2021.  The results of the report indicated an increase in the General Industrial Production Index (IPI) by 1.6% in July 2022, compared to June 2022, affected by the increase in mining and quarrying, which increased by a similar percentage in July 2022. The manufacturing and electricity and gas supply increased by 0.3% and 14.6%, respectively. 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.

On Wednesday September 7, 2022, General Authority for Statistics (GASTAT) released on its official website www.stats.gov.sa the report of Gross Domestic Product (GDP) and National Accounts Indicators for the second quarter of 2022. According to the estimates, real GDP recorded an increase by (12.2%) during the second quarter of 2022 compared to the same period of last year 2021. It is worth noting that GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.

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.

GASTAT revealed on Monday, Muharram 3, 1444, corresponding to August 1, 2022, the results of the real estate price index for the second quarter of 2022, and published it on its official website www.stats.gov.sa The publication results indicated a 0.7% increase in the general real estate price index for the second quarter of 2022, compared to the same quarter of the previous year 2021, mainly due to increase in residential real estate prices of +1.9%. According to the publication results, the increase in residential land prices largely affected the increase in real estate prices in the second quarter of 2022, compared to the second quarter of 2021. The residential sector recorded a 1.9% increase affected by a 0.2% increase in the residential land plots prices, on an annual basis in the second quarter of 2022, due to its high relative importance in the general index. Among other residential real estate prices, the prices of villas, apartments, and houses decreased by 1.1%, 1.1% and 0.9% respectively.  However, the prices of residential buildings stabilized and did not record any significant changes. The commercial sector recorded a 1.5% decrease, impacted by the decrease in the prices of commercial lands plots by 1.5%.  The prices of galleries also decreased by 1.1%, while the prices of commercial centers increased by 0.1%. On the other hand, the commercial buildings prices stabilized and did not record any significant changes. The agriculture sector decreased by 0.6% affected by the decrease in agriculture land prices by -0.6%. GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and researches, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.