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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi Non-oil Economy Reaches Highest Level since October 2021

Economy Saudi Arabia Economic Growth Kingdom
A general view of Riyadh, Saudi Arabia. (SPA)

Saudi Arabia’s non-oil economic growth reached a 10-month high in August, according to the latest Purchasing Managers Index (PMI) data from S&P Global.

The Kingdom’s PMI climbed to 57.7 in August, up from 56.3 in July and the highest since October 2021.

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