Saudi Non-Oil Private Sector Returns to Growth

Riyad Bank Saudi Arabia’s PMI rose to 51.5 in April 2026 from March’s sharp contraction at 48.8, signaling a modest recovery in the non-oil private sector after disruptions due to the Middle East war. The rebound was driven by improved domestic demand and a pickup in new business, but growth remained subdued as Middle East conflict-related uncertainty continued to delay spending and investment decisions. Export orders fell at the fastest pace on record, and output expanded but at a historically muted pace, while purchasing activity declined for a second month amid cautious input buying. Inventories increased as firms sought to buffer against supply disruptions, with delivery times lengthening due to shipping delays. Cost pressures intensified sharply, with input prices rising at the fastest rate in the survey’s history, pushing selling prices near record highs. Still, business sentiment improved, supported by strong domestic fundamentals and ongoing government-led development.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




