Saudi Arabia Industrial Output Growth Slows in August

Industrial production in Saudi Arabia rose by 7.1% year-on-year in August 2025, easing from an upwardly revised 7.6% increase in the previous month. The slowdown was mainly due to a smaller rise in oil activities (8.3% vs 8.4% in July), driven by a sharp moderation in the manufacture of coke and refined petroleum products (8.9% vs 23.1%). Growth also slowed for water supply, sewerage, waste management, and remediation activities (6% vs 6.5%). Meanwhile, non-oil activities expanded at a faster pace (4.4% vs 3.2%), supported by higher manufacturing output (3.7% vs 3.2%), particularly in paper and paper products (3.2% vs 2.9%) and chemicals and chemical products (8.6% vs 8%). Output growth also accelerated for electricity, gas, steam, and air conditioning supply (8.7% vs 2%). On a monthly basis, industrial activity rose 1.4%, easing from a 2.4% gain in July.