The Ministry of Economy and Planning launched on Sunday a novel economic analysis index, known as MEPX, to monitor the performance of the Kingdom’s private sector, the Saudi Press Agency reported.
MEPX is a leading indicator that has been designed and developed by the Ministry’s economic analysts to track ten economic factors classified into four categories, consumers, firms, and the financial and trade sectors. It provides regular, in-depth analysis of the Kingdom’s private sector business cycles through advanced econometrics techniques, SPA said.
