In a minor yet positive change for Saudi Arabia's economy, the Riyad Bank Composite Purchasing Managers' Index (PMI) recorded a slight increase in August 2025. The PMI edged up to 56.4 from July’s figure of 56.3, signaling a continued expansion in the non-oil private sector, albeit at a steady pace.
Released on September 3, 2025, this indicator presents a brighter outlook for the Kingdom's diverse economy, reflecting sustained demand and stable economic environment in the non-oil sectors. A PMI score above 50 indicates growth, so the increase, though marginal, reaffirms ongoing business confidence and momentum.
Market analysts observe that even small gains in the PMI can have a ripple effect, suggesting that businesses are investing and hiring, inspired by robust domestic demand and ongoing government initiatives to diversify the economy. This steady growth reflects a stable economic outlook, assuring investors and policymakers of the country's resilience and growth potential within the broader regional economy.
