Purchasing Managers' Index (PMI)
An economic indicator used to measure the economic activity of the industrial and services sectors, relying on monthly surveys of purchasing managers regarding business conditions such as production, employment, new orders, and prices.
The chart shows the monthly evolution of Saudi Arabia's Purchasing Managers' Index.
A PMI reading above 50 generally indicates expansion, while a reading below 50 suggests contraction.
Monthly Evolution of the Purchasing Managers Index (PMI)
(Monthly)
Source: Riyad Bank
An economic indicator used to measure the economic activity of the industrial and services sectors, relying on monthly surveys of purchasing managers regarding business conditions such as production, employment, new orders, and prices.
The chart shows the monthly evolution of Saudi Arabia's Purchasing Managers' Index.
A PMI reading above 50 generally indicates expansion, while a reading below 50 suggests contraction.