FX.co ★ Saudi Non-Oil Private Sector Growth Hits 4-Month High

Riyad Bank Saudi Arabia's PMI slipped to 52.8 in June 2026 from 53.3 in May, yet continued to signal expansion in the non-oil private sector for a third straight month. The reading also reflected the strongest overall improvement since February, underpinned by a sharp rise in output alongside firmer growth in new business. New orders increased at their fastest rate since February, largely driven by robust domestic demand. In contrast, foreign sales fell sharply for the fourth consecutive month, as ongoing regional logistics disruptions and stronger foreign competition remained key drags on international demand.