Although Saudi Arabia’s headline PMI index fell in March, it is still consistent with strong growth in the non-oil private sector. However, the weak employment reading suggests that the government’s attempts to boost Saudi employment in the private sector may be causing businesses to hold back on hiring.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services