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Economic council highlights strong economy and low inflation
The article summarizes that the Saudi Council of Economic and Development Affairs has emphasized the robustness of the national economy and its resilience in facing regional and global challenges. Inflation remains stable at one of the lowest rates worldwide, at 1.8% in July 2026. Additionally, the Purchasing Managers' Index (PMI) continues its expansion for the fourth consecutive month, recording 53.1 points. The report also highlights significant progress in implementing the objectives of Saudi Vision 2030 and achieving qualitative milestones despite regional volatility. Efforts to improve the healthcare sector and enhance service quality were discussed, along with advances in the privatization initiatives and investment and development projects across various regions. These developments reflect the flexibility of the Saudi economy and its readiness to adapt to international developments.
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