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Saudi Arabia's Annual Industrial Production Falls 16.3% in June

MT Newswires·08/10/2026 02:11:52
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02:11 AM EDT, 08/10/2026 (MT Newswires) -- Saudi Arabia's industrial production index declined 16.3% year over year in June, following an 18.7% drop in May, data from the General Authority for Statistics showed Monday. The decrease was mainly driven by lower mining, quarrying and manufacturing activities. On a monthly basis, the index rose 4.3%.