03.12.202504:15:00UTC+00Saudi Arabia's Riyad Bank Composite PMI Dips to 58.5 in November

In a recent economic update, Saudi Arabia's Riyad Bank Composite Purchasing Managers' Index (PMI) exhibited a slight decline, coming in at 58.5 for November 2025. This marks a dip from the previous measurement, recorded at 60.2 in October. The data highlights a deceleration in the pace of growth, as evidenced by the lowered PMI reading.

The Riyad Bank Composite PMI serves as a pivotal indicator of the economic health of the non-oil private sector, tracking variables such as output, new orders, employment, supplier delivery times, and stock purchases. Although a reading above 50 still indicates overall expansion, the drop from October to November suggests the sector is experiencing more subdued growth dynamics.

Released on December 3rd, 2025, the latest figures point towards potentially dampening factors in the Saudi economy, possibly linked to external economic pressures or internal adjustments. Nevertheless, the non-oil private sector remains in expansionary territory, indicating resilience amid the challenges. Economists and investors will be keenly observing the forthcoming data to gauge whether this trend signifies a longer-term pattern or merely a temporary slowdown.