Saudi industrial output falls in June

Saudi Arabia experienced a 16.3% year-on-year decline in industrial production in June 2026, with a significant 23.2% drop in oil activity due to geopolitical tensions and energy market dynamics. However, the index showed a monthly increase of 4.3%, supported by stability in non-oil sectors, which grew 0.1% annually and 3.7% month-on-month, indicating some recovery in certain areas such as water supply and environmental services. The most notable decline remains in oil production, while non-oil sectors are experiencing stability and limited improvement despite overall weak performance.

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