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Arab News Bacaan 3 menit

Saudi industrial production rebounds 15.6% in September: GASTAT

Saudi industrial production rebounds 15.6% in September: GASTAT
Mining and quarrying activity in Saudi Arabia increased 29.9 percent month on month. (Shutterstock)

RIYADH: Saudi Arabia’s industrial production index rose 15.6 percent in September from the previous month, led by a recovery in mining and quarrying activity, although output remained 10.9 percent lower than a year earlier, official data showed.

The Industrial Production Index stood at 101.3 in September, compared with 87.7 in August, preliminary figures released by the General Authority for Statistics showed.

Mining and quarrying activity increased 29.9 percent month on month, while manufacturing output expanded 2.8 percent.

The monthly recovery came amid disruptions to regional energy markets following the US-Israeli war with Iran in February.

Saudi Arabia has worked to maintain oil exports by using alternative routes, including the East-West pipeline to the Red Sea port of Yanbu.

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