Saudi private sector growth reaches six-month high

The non-oil private sector indicators in Saudi Arabia rose to their highest level in six months during August 2026, recording 53.8 points compared to 53.1 in July. This reflects an improvement in business conditions and sustained growth for the fifth consecutive month. The increase was driven by a significant expansion in production, higher domestic demand, and improved market conditions, despite challenges in exports and rising costs. The report also indicated that domestic demand remains the main driver of growth, with improvements in the labor market and increased confidence in the future, alongside expectations of continued financial support and development projects to boost the non-oil sector's growth.

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