ID:
1551764089927281700
Tue, 2019-03-05 08:34
DUBAI: Saudi Arabia’s non-oil private sector business rose to its highest level in 14 months due to a domestically-driven rise in new orders, the latest Purchasing Managers’ Index report from Emirates NBD show.
“The main driver for the improvement in February was a stronger rise in new orders, despite the second consecutive decline in new export orders. This suggests that it is domestic demand driving order growth. The output index rose slightly last month as well,” Khatija Haque, the head of Mena research at Emirates NBD, said in the report released on Tuesday
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