Saudi Arabia' non-oil private sector expanded at a slightly slower rate in June, data from a survey by Markit Economics and the Saudi British Bank showed Tuesday.
The seasonally adjusted purchasing managers' index (PMI) for the non-oil private sector came in at 59.7 in June, a tad lower than May's reading of 60.4.
New orders increased strongly during the month, though at a slower pace compared to the previous month, supported by an improving domestic economy and increased oversees demand. Saudi firms raised their output at a slightly faster rate in June, reflecting the order growth.
Input price inflation remained unchanged in June. Meanwhile, output prices increased amid stronger competitive pressures, though at the weakest pace in four months.
Employment in the non-oil private sector grew for the ninth successive month in June, but the rate of job creation was the weakest in three months.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.