Saudi Industrial Output Falls Least in 5 Months

2026-09-10 06:22 By Czyrill Jean Coloma 1 min. read

Industrial production in Saudi Arabia fell 8.1% year-on-year in July 2026, easing from a 16.3% slump in the previous month and marking the softest contraction since February.

The decline in the oil sector slowed to 11.4% from 23.2% in June, largely reflecting a smaller drop in the extraction of crude petroleum and natural gas (-10.9% vs -27%), while output of coke and refined petroleum products fell at a steeper pace (-13.6% vs -6%).

Moreover, output in other economic activities was unchanged at 3.4%, with both electricity, gas, steam, and air-conditioning supply (4.5% vs 2.8%) and water supply, sewerage, waste management, and remediation activities (7.8% vs 6%) accelerating.

Meanwhile, output in non-oil activities slipped 0.3% after rising 0.1% in the previous month, weighed down by a sharper decline in manufacturing (-1.3% vs -0.5%).

On a monthly basis, industrial output surged 10.4% in July from 4.6% in the previous month and marking its strongest monthly gain since April 2020.



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Saudi Industrial Output Falls Least in 5 Months
Industrial production in Saudi Arabia fell 8.1% year-on-year in July 2026, easing from a 16.3% slump in the previous month and marking the softest contraction since February. The decline in the oil sector slowed to 11.4% from 23.2% in June, largely reflecting a smaller drop in the extraction of crude petroleum and natural gas (-10.9% vs -27%), while output of coke and refined petroleum products fell at a steeper pace (-13.6% vs -6%). Moreover, output in other economic activities was unchanged at 3.4%, with both electricity, gas, steam, and air-conditioning supply (4.5% vs 2.8%) and water supply, sewerage, waste management, and remediation activities (7.8% vs 6%) accelerating. Meanwhile, output in non-oil activities slipped 0.3% after rising 0.1% in the previous month, weighed down by a sharper decline in manufacturing (-1.3% vs -0.5%). On a monthly basis, industrial output surged 10.4% in July from 4.6% in the previous month and marking its strongest monthly gain since April 2020.
2026-09-10
Saudi Arabia Industrial Output Falls at Softer Pace
Industrial production in Saudi Arabia fell 16.3% year-on-year in June 2026, easing from an 18.7% slump in the previous month. Output in the oil sector fell at a softer pace (-23.2% vs -26.3% in May), largely reflecting a softer decline in crude petroleum and natural gas extraction (-27.0% vs -28.6%) and coke and refined petroleum products output (-6.0% vs -16.7%). Moreover, growth in other economic activities edged up to 3.4% from 3.3%, supported by a rebound in electricity, gas, steam, and air-conditioning supply (2.8% vs -1.4%) and faster expansion in water supply, sewerage, waste management, and remediation activities (6.0% vs 5.7%). However, non-oil activity growth eased slightly to 0.1% from 0.5%, despite a softer decline in manufacturing output (-0.5% vs -0.6%). On a monthly basis, industrial production increased 4.6%, accelerating from a 3.2% rise in May.
2026-08-10
Saudi Arabia Industrial Output Down 18.7% in May
Industrial production in Saudi Arabia fell 18.7% year-on-year in May 2026, easing slightly from a 19.2% decline in April. The downturn was driven by a 26.3% slump in oil-related activities, reflecting sharp contractions in crude petroleum and natural gas extraction (-28.6%) and coke and refined petroleum products (-16.7%). Meanwhile, non-oil activities edged down 0.5%, as manufacturing slipped 0.6%, weighed by declines in chemicals (-4.0%) and food products (-3.5%), partly offset by gains in basic metals (12.8%). Other economic activities expanded 3.3%, supported by growth in water supply, sewerage, waste management and remediation activities (5.7%), although electricity, gas, steam and air-conditioning supply fell 1.4%. On a monthly basis, industrial output rose 3.2% in May, rebounding from a 6.5% drop in April.
2026-07-09