Saudi Arabia: SABB/HSBC Manufacturing PMI

Macro

2026-07-05

Description

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Published by
Markit (Choice)
Frequency
Monthly
Next Update

AI Data Insight

Saudi Arabia's Riyad Bank Manufacturing PMI for the second quarter (June) of 2026 rose to 53.3, outperforming the previous reading of 52.8 and hitting a four-month high. As new orders and domestic demand rebounded, the country's non-oil private sector maintained an expansionary trend for three consecutive months, but businesses still face the dual challenges of weak exports and surging costs.

AI Data Insight

Saudi Arabia's Riyad Bank Manufacturing PMI for the second quarter (June) of 2026 rose to 53.3, outperforming the previous reading of 52.8 and hitting a four-month high. As new orders and domestic demand rebounded, the country's non-oil private sector maintained an expansionary trend for three consecutive months, but businesses still face the dual challenges of weak exports and surging costs.

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update