Industrial Production in Saudi Arabia decreased 4.28 percent in November of 2019 over the previous month.
Industrial Production Mom in Saudi Arabia averaged 0.12 percent from 2016 until 2019, reaching an all time high of 7.54 percent in October of 2019 and a record low of -4.54 percent in September of 2019. This page provides - Saudi Arabia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Department of Statistics and Information
Industrial Production Mom in Saudi Arabia is expected to be -1.40 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 2.30 in 12 months time. In the long-term, the Saudi Arabia Industrial Production QoQ is projected to trend around 0.30 percent in 2020, according to our econometric models.