Saudi Arabia’s non-oil private sector showed a further improvement in operating conditions in June 2026, as the Riyad Bank Composite PMI edged up to 53.3, from 52.8 in May 2026. The latest reading, updated on 5 July 2026, remains comfortably above the 50-point threshold that separates expansion from contraction, indicating that business activity continues to grow.
The uptick in the index suggests a modest strengthening in overall economic momentum, with companies likely benefiting from sustained demand and ongoing non-oil diversification efforts. The consecutive monthly increases from May to June underscore the resilience of Saudi Arabia’s private sector at the mid-point of 2026.
