Industrial Production in Saudi Arabia decreased 2.90 percent in December of 2018 over the previous month. Industrial Production Mom in Saudi Arabia averaged 0.71 percent from 2016 until 2018, reaching an all time high of 4.17 percent in the second quarter of 2018 and a record low of -3.10 percent in the first quarter of 2017.
Industrial Production Mom in Saudi Arabia is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Saudi Arabia to stand at 0.80 in 12 months time. In the long-term, the Saudi Arabia Industrial Production QoQ is projected to trend around 1.00 percent in 2020, according to our econometric models.