
RIYADH: Saudi Arabia’s purchasing managers’ index rose to 57.2 in September, up from 56.6 in August, as business confidence in the non-oil private sector improved, showed an economy tracker.
According to the Riyad Bank Saudi Arabia PMI report, compiled by S&P Global, the Kingdom witnessed a sharp increase in economic activity and new businesses in the non-oil private sector in September, signaling improved market conditions and rising client orders.