04:57 AM EST, 11/10/2026 (MT Newswires) -- The annual contraction in Saudi Arabia's industrial production moderated in September amid declines in mining and manufacturing activity, data from the country's General Authority for Statistics showed Tuesday. Industrial production declined 10.9% year over year in September, easing from a revised 23% tumble in the previous month. Oil activities fell 15.5%, while non-oil activities inched up 0.1%. On a monthly basis, industrial production rose 15.6%, following a 14% decline in August, driven by an increase in manufacturing activity. Oil-related activities rose 24.7% compared with the previous month, while non-oil activities ticked up 0.6%. The mining and quarrying sub-index fell 16% on a yearly basis in September, while month-on-month activity climbed 29.9%, the data showed. As for manufacturing, decreased output in coke and refined petroleum products, as well as reduced chemical product manufacturing, led to a 5.4% yearly decline in activity. Conversely, monthly manufacturing activity rose 2.8%, led by gains in refined petroleum and chemicals. Meanwhile, positive results were logged in the utilities-related sub-index, with electricity, gas, steam and air conditioning supply activity up 6.4% annually and water and waste management 7.3% higher. Month on month, electricity and gas activity fell 1.2%, while water management dipped 0.4%.

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