Non-oil private sector companies in Saudi Arabia witnessed a continuous improvement in the overall performance of companies during the month of April, according to the latest data released by Riyad Bank's Purchasing Managers' Index (RPMI) in the Kingdom. The seasonally adjusted Riyad Bank Purchasing Managers' Index in Saudi Arabia rose from 58.7 in March to 59.6 in April, down slightly from February's eight-year high (59.8 points). Overall business conditions have improved in all months since September 2020. The sharp and accelerating increase in new business volume was the main driver of the headline PMI rise in April.
Source (Al-Arabiya.net Website, Edited)
