The Emirates NBD Saudi Arabia PMI edged up to 57.4 in June 2019, the highest reading since November 2017, from 57.3 in a month earlier. New orders advanced at the fastest pace in three months, and export sales rose for the fourth month running. At the same time, output expanded the least in three months, employment growth slowed from May’s four-month high and buying levels eased from the previous month's 17-month high. Meantime, average cost burdens went up for the second month in a row, despite the rate of inflation eased from May. Finally, sentiment hit its lowest in ten months, possibly reflecting heightened geopolitical tension in the region. Manufacturing PMI in Saudi Arabia is reported by Markit Economics.

Manufacturing PMI in Saudi Arabia is expected to be 57.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Saudi Arabia to stand at 57.50 in 12 months time. In the long-term, the Saudi Arabia Non-Oil Private Sector PMI is projected to trend around 56.50 in 2020, according to our econometric models.

Saudi Arabia Non-Oil Private Sector PMI
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Saudi Arabia Business Last Previous Highest Lowest Unit
Business Confidence 3.00 -12.00 63.00 -12.00 Index Points [+]
Manufacturing PMI 57.40 57.30 61.80 51.40 [+]
Industrial Production 2.34 5.84 25.87 -24.93 percent [+]
Changes in Inventories 55807.00 -6297.00 64489.00 -51388.00 SAR Million [+]
Internet Speed 6705.52 6321.15 6705.52 1242.08 KBps [+]
IP Addresses 3510242.00 3551866.00 4339235.00 177395.00 IP [+]
Industrial Production Mom -0.35 4.17 4.17 -3.10 percent [+]
Manufacturing Production 3.71 16.44 21.50 -2.65 percent [+]
Mining Production 3.39 1.95 6.02 -6.75 percent [+]
Crude Oil Rigs 59.00 60.00 81.00 11.00 [+]
Competitiveness Index 67.50 65.91 67.50 4.54 Points [+]
Competitiveness Rank 39.00 41.00 41.00 17.00 [+]
Ease of Doing Business 92.00 92.00 96.00 10.00 [+]
Corruption Index 49.00 49.00 52.00 33.00 Points [+]
Corruption Rank 58.00 57.00 80.00 46.00 [+]
Steel Production 420.00 480.00 558.00 7.00 Thousand Tonnes [+]


Saudi Arabia Non-Oil Private Sector PMI

In Saudi Arabia, the Emirates NBD Saudi Arabia Purchasing Managers’ Index measures the performance of companies in non-oil private sector and is derived from a survey of 400 companies, including manufacturing, services, construction and retail. The Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the non-oil private sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Saudi Arabia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Saudi Arabia Non-Oil Private Sector PMI - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
57.40 57.30 61.80 51.40 2011 - 2019 Monthly
SA




Country Last Previous
Australia 49.43 Jun/19
Brazil 51.00 Jun/19
Canada 49.20 Jun/19
China 49.40 Jun/19
Euro Area 47.60 Jun/19
France 51.90 Jun/19
Germany 45.00 Jun/19
India 52.10 Jun/19
Indonesia 50.60 Jun/19
Italy 48.40 Jun/19
Japan 49.30 Jun/19
Mexico 49.20 Jun/19
Netherlands 50.70 Jun/19
Russia 48.60 Jun/19
Saudi Arabia 57.40 Jun/19
Singapore 49.60 Jun/19
South Africa 46.20 Jun/19
South Korea 47.50 Jun/19
Spain 47.90 Jun/19
Switzerland 47.70 Jun/19
Turkey 47.90 Jun/19
United Kingdom 48.00 Jun/19
United States 50.60 Jun/19


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