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Saudi Arabia’s manufacturing activity rises by 10% in May despite fall in IPI

Manufacturing activity in Saudi Arabia increased by 10 percent in May compared to the same month of the previous year despite a slight fall in the Kingdom’s Industrial Production Index, official data showed.    According to the latest report released by the General Authority for Statistics, the Kingdom’s IPI in May 2023 decreased by 1.2 percent compared to April.   

Link: https://www.arabnews.com/node/2335696/business-economy

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