Middle East & North Africa Economics

Middle East & North Africa Economics

Middle East Data Response

4 July, 2017

Whole Economy PMIs (Jun.)

June’s PMI data suggest that Saudi Arabia’s non-oil economy has lost a bit of steam, but this probably partly reflected a deterioration in sentiment on back of last month’s dip in oil prices. The recent reversal of civil service benefit cuts should provide a boost to activity over the remainder of this year.

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