Saudi Arabia's non-oil private sector expansion was the strongest in thirteen months in December, underpinned by a rise in output and new orders, survey results from IHS Markit showed on Tuesday.The Purchasing Managers' Index rose to 57.0 in December from 54.7 in November. Any reading above 50 indicates growth in the sector.Output rose for the fourth month in a row in December and at the quickest ...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.