Industrial Production in Saudi Arabia decreased 21.80 percent in May of 2020 over the previous month.
Industrial Production Mom in Saudi Arabia averaged -0.37 percent from 2016 until 2020, reaching an all time high of 11.35 percent in April of 2020 and a record low of -21.80 percent in May of 2020. This page provides - Saudi Arabia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Industrial Production QoQ - values, historical data and charts - was last updated on August of 2020. source: Central Department of Statistics and Information
Industrial Production Mom in Saudi Arabia is expected to be 1.60 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 1.80 in 12 months time. In the long-term, the Saudi Arabia Industrial Production QoQ is projected to trend around 1.20 percent in 2021 and 0.30 percent in 2022, according to our econometric models.