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PMI: Saudi Arabia's Non-oil Private Sector Remains in Positive Territory in October

MT Newswires·11/02/2026 23:38:57
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11:38 PM EST, 11/02/2026 (MT Newswires) -- Operating conditions in Saudi Arabia's non-oil private sector improved for the seventh straight month in October as strong domestic demand led to a faster increase in output, while input cost inflation hit a four-month high, the Riyad Bank and S&P Global said Tuesday. The seasonally adjusted Riyad Bank Saudi Arabia PMI stood at 54 in October, down from 55.3 in September but still above the neutral 50.0 threshold. The index was also at its second-highest level since February.