FOREX TradingCharts.com

Financial News: Saudi Arabia Non-Oil Private Sector Growth Slows In

Saudi Arabia Non-Oil Private Sector Growth Slows In March

04/05/2021 - 08:02:00 (RTTNews)

(RTTNews) - Saudi Arabia's non-oil private sector expanded at a softer pace in March, survey results from IHS Markit showed on Monday.

The Purchasing Managers' Index fell to 53.3 in March from 53.9 in February. Any reading above 50 indicates growth in the sector.

New orders growth softened for the third month in a row and sales growth eased in March.

Business activity expanded at a softer pace in March and outstanding work dropped at the quickest since June last year.

The number of employed remained stable in March, while rising output led to expansion in purchasing. Suppliers' delivery times lengthened in March.

"The pandemic and associated restrictions continued to trim new business growth, according to respondents, contributing to a more downbeat outlook for business activity over the next 12 months," David Owen, an economist at IHS Markit, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Fed's Beige Book Says Economic Growth Accelerated To Moderate Pace (01 hr(s), 14 min(s), 44 sec(s) ago)
(RTTNews) - Economic activity in the U.S. accelerated to a moderate pace from late February to ear ...Full Story»

U.S. Import Prices Show Biggest Three-Month Jump In Nearly A Decade (06 hr(s), 03 min(s), 44 sec(s) ago)
(RTTNews) - Import prices in the U.S. showed another notable increase in the month of March, accor ...Full Story»

U.S. Import Prices Jump More Than Expected In March (07 hr(s), 14 min(s), 44 sec(s) ago)
(RTTNews) - Import prices in the U.S. showed another notable increase in the month of March, accor ...Full Story»

South Africa Retail Sales Grow In February (08 hr(s), 43 min(s), 44 sec(s) ago)
(RTTNews) - South Africa's retail sales grew in February, data from Statistics South Africa sh ...Full Story»

UK Labor Productivity Declines In Q4 (08 hr(s), 52 min(s), 44 sec(s) ago)
(RTTNews) - UK labor productivity declined in the fourth quarter after rebounding a quarter ago, t ...Full Story»

Eurozone Industrial Production Falls Less Than Expected (09 hr(s), 30 min(s), 44 sec(s) ago)
(RTTNews) - Eurozone industrial production declined less than expected in February, data from Euro ...Full Story»

Sweden Inflation At 15-Month High (11 hr(s), 08 min(s), 44 sec(s) ago)
(RTTNews) - Sweden's consumer price inflation rose to the highest level in fifteen months in M ...Full Story»

Hungary Industrial Production Accelerates In February (11 hr(s), 23 min(s), 44 sec(s) ago)
(RTTNews) - Hungary's industrial production accelerated in February, as initially estimated, f ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Fed's Beige Book Says Economic Growth Accelerated To Moderate Pace

04/14/2021 - 14:38 PM (RTTNews)
(RTTNews) - Economic activity in the U.S. accelerated to a moderate pace from late February to ear ...Full Story>>

U.S. Import Prices Show Biggest Three-Month Jump In Nearly A Decade

04/14/2021 - 09:49 AM (RTTNews)
(RTTNews) - Import prices in the U.S. showed another notable increase in the month of March, accor ...Full Story>>

U.S. Import Prices Jump More Than Expected In March

04/14/2021 - 08:38 AM (RTTNews)
(RTTNews) - Import prices in the U.S. showed another notable increase in the month of March, accor ...Full Story>>

South Africa Retail Sales Grow In February

04/14/2021 - 07:09 AM (RTTNews)
(RTTNews) - South Africa's retail sales grew in February, data from Statistics South Africa sh ...Full Story>>

UK Labor Productivity Declines In Q4

04/14/2021 - 07:00 AM (RTTNews)
(RTTNews) - UK labor productivity declined in the fourth quarter after rebounding a quarter ago, t ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.