Saudi non-oil sectors drive 10.2% rise in Operating Revenue Index in March

RIYADH: Saudi Arabia’s Operating Revenue Index rose 10.2 percent in March from a year earlier, driven by robust growth in transportation, mining and financial services, as the Kingdom’s non-oil economy continued to expand, government data showed. The transportation and storage sector posted the biggest annual increase, climbing 25.8 percent, according to data released by the General Authority for Statistics. Mining and quarrying activities rose by 25.5 percent year on year in March, while manufacturing activity witnessed a 4 percent increase during the same period.

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