June revenues up 6.1% and permits rise 20.3%
Saudi Arabia's economic indicators showed notable growth in June. The official measure of operational revenues increased by 6.1% year-on-year, with manufacturing activities expanding by 16.9% and wholesale and retail trade growing by 0.6%. Additionally, the number of building permits rose by 20.3%, exceeding 5,000 permits, after a slight decrease of 0.2% compared to the previous month. These data point to ongoing economic recovery and the expansion of the construction, manufacturing, and commercial sectors in Saudi Arabia.
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