21 Hrs
Source:
الاقتصادية
Saudi economy shows resilience and adaptability
A report from the Council of Economic and Development Affairs indicated that the Saudi economy continues to achieve positive performance despite regional challenges. The annual inflation rate remained steady at 1.8% for the third consecutive month in July 2026, while the Purchasing Managers' Index continued to expand at 53.1 points. The report confirmed that the Kingdom possesses a high degree of resilience, reflecting its ability to adapt to geopolitical changes. Additionally, IMF reports affirm that Saudi Arabia is on the right track toward diversifying its income sources and achieving the objectives of Saudi Vision 2030, with notable progress in development and investment programs. The economy remains among the fastest-growing globally in 2027.
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