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Saudi non-oil business activity continues expansion in May as PMI rises to 52.8
RIYADH: Saudi Arabia’s business activity expanded at the fastest pace for three months in May, with the Riyad Bank Purchasing Managers’ Index rising to 52.8 from the previous reading of 51.5. The latest survey, compiled by S&P Global, showed the Kingdom’s non-oil economy returning to firmer growth after softer conditions in March and April, with output supported by stronger domestic demand and the revival of previously delayed projects.
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arabnews.com
Saudi non-oil business activity continues expansion in May as PMI rises to 52.8
RIYADH: Saudi Arabia’s business activity expanded at the fastest pace for three months in May, with the Riyad Bank Purchasing Managers’ Index rising to 52.8 from the previous…
- ·
saudigazette.com.sa
Saudi non-oil private sector growth at its fastest pace in three months
Saudi Arabia's non-oil private sector activity posted growth at its fastest pace in three months during May, signaling a strong recovery from the slowdown recorded in March.