Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Saudi ArabiaSaudi Arabia Industrial Production YoY fell to -23.5% in August 2026
FMPMonthlyReleased October 2026
Saudi Arabia Industrial Production YoY fell to -23.5% in August 2026, released October 2026, down 15.2% from July's -8.3% reading. The reading missed the -8.0% consensus by 15.5%. The print is running well below the 12-month average of -1.03%. Over the past 3 months, Industrial Production YoY averaged -12.2%, vs -17.3% in the prior 3-month window. Industrial Production YoY is now the lowest in 35 months.
Latest Release
-23.5
Actual
-8
Consensus
-8.3
Previous
Median Absolute Error
±2.32 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: -6.1
Actual: -23.5
Error: +17.4
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.60 | CRYPTO | Moves against | → View |
| USD/JPY | ▲ Direct | +0.36 | FOREX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.36 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrial Production YoY (Saudi Arabia) was reported at -23.5% in October 2026. This missed the market consensus of -8% by 15.5%. The reading fell from the previous value of -8.3%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged -3.78%, ranging from -23.5% to 10.4% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged -15.97%, down from the prior three at -9.13%. Volatility over the past year (σ 13.84%) is higher than the prior year (σ 2.65%). In October readings over the past 3 years, Industrial Production YoY has averaged -5.13%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with USD/JPY, positively correlated (Bullish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 2.33%.
WHAT TO WATCH NEXT
The next release is scheduled for November 10, 2026. Same-country events in the next 14 days include GDP Growth Rate YoY (Nov 1).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
Industrial Production YoY - SA
Loading chart data...
About Industrial Production YoY — Saudi Arabia
DEFINITION
Industrial Production YoY (Year-over-Year) is a key economic indicator that measures the change in the total output of the manufacturing, mining, and utilities sectors over a 12-month period. It provides valuable insights into the health and growth of a country's industrial sector, which is a crucial component of its overall economic performance. This indicator is closely monitored by investors, policymakers, and analysts as it can signal potential shifts in the economy and help inform business and investment decisions. A positive YoY growth in industrial production indicates a strong and expanding industrial sector, while a negative growth may suggest a slowdown or contraction.
WHY THIS INDICATOR MATTERS
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual -23.5 %, consensus -8 %. Prior reading (Jul 2026): -8.1 %. Before that (Jun 2026): -16.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.60) — a useful reference for crypto-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - SA Events
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 14:00 | SA | M3 Money Supply YoY | 4.8 | 5.6 | 5.6 | 5.20 | Low |
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | SA | M3 Money Supply YoY | 4.8 | 5.6 | 5.6 | 5.20 | Low |
| 10:00 | SA | Bank Lending YoY | 6 | 6 | 5.9 | 5.85 | Low |