Saudi private sector hits six-month high
The non-oil private sector in Saudi Arabia experienced a noticeable improvement in August 2026, with the Purchasing Managers' Index reaching its highest level in six months at 53.8 points, up from 53.1 in July. This reflects a continued expansion in growth for the fifth consecutive month. The recovery was driven by increased demand, improved market conditions, and expanded production, although the export environment still faces challenges, with a faster decline in international orders compared to the previous month. The data also showed improvements in employment and supply chain stability, along with rising employee costs and inflation pressures. Companies are optimistic about increased activity in the coming 12 months, supported by market dynamics and financial backing.
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