Industrial production in Saudi Arabia fell 10.9% year-on-year in September 2026, easing from a downwardly revised 23.0% slump in the previous month. Output in the oil sector fell at a softer pace (-15.5% vs -33.0% in August), largely reflecting slower declines in crude petroleum and natural gas extraction (-16.0% vs -35.8%) and coke and refined petroleum products output (-13.6% vs -20.8%). Moreover, growth in other economic activities edged up to 5.4% from 5.3%, supported by faster expansion in water supply, sewerage, waste management, and remediation activities (7.3% vs 6.7%), while growth in electricity, gas, steam, and air-conditioning supply moderated to 6.4% from 10.2%. Meanwhile, non-oil activity growth eased to 0.1% from 1.4%, amid a steeper decline in manufacturing output (-1.1% vs -0.2%). On a monthly basis, industrial production increased 15.6%, rebounding from a 13.5% fall in August.