Saudi non-oil sector growth accelerates

The non-oil private sector in Saudi Arabia experienced strong growth in May, with the Purchasing Managers' Index rising to 52.8 points, reflecting an improvement in domestic demand and stable supply chains. External demand faced challenges, but there was a rebound in employment and an improvement in supply chain operations, alongside ongoing cost pressures that led to price increases for products. Experts confirm that this positive trend reflects the impact of the "Vision 2030" initiatives and the continued economic growth within the kingdom.

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