In Jun 2026, industrial production increased by 6.5% year-on-year (figure 1), moderating from the 8.5% growth recorded in May. All major sectors recorded growth, with mining growth moderating significantly from 19.8% to 3.1% (table 1). The slower growth in the mining sector was mainly due to slower growth in natural gas production, while crude oil & condensate production declined by 3.3%.

Domestic-oriented and export-oriented manufacturing sectors rose by 6.4% and 7.6%, respectively, supported by robust growth in manufacture of motor vehicles and computer, electronics & optical products.

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