03.09.202504:32:57UTC+00Saudi Non-Oil Private Sector Growth Continues in August

In August 2025, Riyad Bank's Saudi Arabia Purchasing Managers' Index (PMI) experienced a slight increase, reaching 56.4 from 56.3 in July, indicating continued steady growth. Output saw a marginal rise, and the volume of new orders increased, driven in part by a resurgence in export sales. Employment figures continued to rise, maintaining the trend of significant staffing growth observed throughout this year. Furthermore, non-oil companies increased their purchasing activities, resulting in inventories reaching their highest level in four months. Although average lead times improved, the rate of improvement was slower compared to May’s peak. On the expense front, input prices stayed high due to ongoing pressures from material, transport, and technology-related costs. Consequently, firms have increased their selling prices for the third consecutive month. Looking forward, business sentiment has improved as firms express optimism based on rising demand, ongoing projects, and supportive government policies.