AI Summary
The Kingdom of Saudi Arabia's flag
The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI), formerly S&P Global Saudi Arabia PMI, rose to 56.4 points in August 2025.
Business conditions in the Kingdom’s non-oil private sector improved as business activity expanded at a slightly faster pace during the month compared to July, supported by a sharp rise in new orders. Employment levels also saw another historically strong increase, while purchasing activity grew in August, contributing to a further rise in input costs, which in turn led to higher selling prices.
Production growth improved during August, with a notable overall hike. However, this was better than level recorded in July, which was the lowest in 42 months. Companies participating in the study indicated that the improved economic conditions, strong sales, and proactive marketing efforts boosted activities.
New order volumes saw a moderate uptick, partly due to a renewed increase in export sales. Companies specifically cited increased marketing efforts in international markets and closer collaboration with clients across the GCC region.
In addition, firms benefited from improved customer demand and ongoing domestic infrastructure projects. Around 28% of surveyed companies reported an increase in total new orders, nearly three times the proportion of those reporting a decline (9%).
Growth was particularly notable in the services sector.
|
Saudi Arabia PMI since 2023* |
|||
|
Month |
Index (Points) |
Change (Points) |
Change (%) |
|
Jan. 2023 |
58.2 |
+ 1.3 |
+2.3% |
|
February |
59.8 |
+ 1.6 |
+2.7% |
|
March |
58.7 |
(1.1) |
(1.8%) |
|
April |
59.6 |
+ 0.9 |
+1.5% |
|
May |
58.5 |
(1.1) |
(1.8%) |
|
June |
59.6 |
+ 1.1 |
+1.9% |
|
July |
57.7 |
(1.9) |
(3.2%) |
|
August |
56.6 |
(1.1) |
(1.9%) |
|
September |
57.2 |
+ 0.6 |
+1.1% |
|
October |
58.4 |
+ 1.2 |
+2.1% |
|
November |
57.5 |
(0.9) |
(1.5%) |
|
December |
57.5 |
-- |
-- |
|
Jan. 2024 |
55.4 |
(2.1) |
(3.7%) |
|
February |
57.2 |
+ 1.8 |
+3.2% |
|
March |
57.0 |
(0.2) |
(0.3%) |
|
April |
57.0 |
-- |
-- |
|
May |
56.4 |
(0.6) |
(1.1%) |
|
June |
55.0 |
(1.4) |
(2.5%) |
|
July |
54.4 |
(0.6) |
(1.1%) |
|
August |
54.8 |
+ 0.4 |
+0.7% |
|
September |
56.3 |
+ 1.5 |
+2.7% |
|
October |
56.9 |
+ 0.6 |
+1.1% |
|
November |
59.0 |
+ 2.1 |
+3.7% |
|
December |
58.4 |
(0.6) |
(1.0%) |
|
Jan. 2025 |
60.5 |
+ 2.1 |
+3.6% |
|
February |
58.4 |
(2.1) |
(3.5%) |
|
March |
58.1 |
(0.3) |
(0.5%) |
|
April |
55.6 |
(2.5) |
(4.3%) |
|
May |
55.8 |
+0.2 |
+0.4% |
|
June |
57.2 |
+1.4% |
+2.5% |
|
July |
56.3 |
(0.9) |
(1.6%) |
|
August |
56.4 |
+0.1% |
(0.2%) |
*Change on a monthly basis.
The PMI is a weighted average of the following five indices:
|
Riyad Bank PMI Details |
|
|
Sub-index |
Percentage (%) |
|
New orders |
30% |
|
Production |
25% |
|
Employment |
20% |
|
Suppliers’ delivery times |
15% |
|
Stocks of purchases |
10% |
|
Total |
100% |
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