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Mohammed Al Jadaan

Mohammed Al Jadaan latest

Saudi Arabia: PMI Slips to 56.9 in December
January 6th, 2020 - 08:18 GMT

Saudi Arabia: PMI Slips to 56.9 in December

Saudi Arabia's non-oil private sector stayed on a growth trajectory in December as business activity, new orders and employment expanded compared to the previous month, according to a survey by IHS Markit. The rate of growth, however, lost momentum in comparison to the previous survey period. As a result, the IHS Markit Saudi Arabia Purchasing Managers' Index (PMI) slipped to 56.9 in December from 58.3 in November. Tim Moore, economics ...
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