A production line in a factory
Saudi Arabia’s Industrial Production Index (IPI) rose by 22.3% to 127.01 points in February, with 2010 used as the base year, compared to 103.85 points in the year-ago period, data from the General Authority for Statistics (GASTAT) showed.
The IPI measures relative change and reflects the progress of production volumes of materials and goods, which are converted from raw materials into final consumables in the form of commodities, for the purpose of achieving a return.
The following table shows the development of the index:
|
Industrial Production Index (IPI) |
||
|
Period |
Index (Points) |
YoY Change |
|
January 2021 |
113.33 |
(6.9%) |
|
February |
103.85 |
(14.8%) |
|
March |
103.80 |
(14.5%) |
|
April |
102.72 |
(24.0%) |
|
May |
106.29 |
+ 0.5% |
|
June |
110.16 |
+ 11.9% |
|
July |
114.89 |
+ 5.9% |
|
August |
119.05 |
+ 5.8% |
|
September |
119.76 |
+ 6.5% |
|
October |
121.78 |
+ 7.7% |
|
November |
124.20 |
+ 10.3% |
|
December |
125.20 |
+ 11.2% |
|
January 2022 |
125.94 |
+ 11.1% |
|
February |
127.01 |
+ 22.3% |
The index increase was driven by a 26% rise in the mining and quarrying activity by the end of February.
The manufacturing and electricity supply sectors gained by 14% and 11%, respectively, during the same month.
|
IPI by Activity in February 2022 |
|||
|
Main Sections |
February 2021 |
February 2022 |
Change |
|
Mining & Quarrying |
100.1 |
125.7 |
+ 26% |
|
Manufacturing |
119.1 |
136.2 |
+ 14% |
|
Electricity Supply |
80.1 |
89.3 |
+ 11% |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}