Business disruptions in June shrink Saudi’s non-oil private sector – PMI – ZAWYA

Business disruptions in June shrink Saudi’s non-oil private sector – PMI – ZAWYA

Business disruptions in June shrink Saudi's non-oil private sector - PMI | ZAWYA MENA Edition HomeEconomyGCCArticleBusiness disruptions in June shrink Saudi's non-oil private sector - PMI Saudi Arabia's Purchasing Managers' Index fell to 47.7 in June from 48.1 in May    General view of Riyadh city, after the Saudi government eased a curfew, following the outbreak of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia, June 21 2020. Non-oil private sector firms in Saudi Arabia witnessed another reduction in business activity during June due to disruptions in operations and subdued customer demand amid COVID-19.Saudi Arabia's Purchasing Managers' Index (PMI) fell to 47.7 in June from 48.1 in May, remaining below the 50.0 mark that separates growth from contraction, according to the seasonally adjusted IHS Markit.Faster reductions in business activity, new work and employment were the main factors leading to a decline in the headline PMI during June.Saudi Arabia's Purchasing Managers' Index (PMI) fell to 47.7 in June from 48.1 in May, remaining below the 50.0 mark that separates growth from contraction, according to the seasonally adjusted IHS Markit.Non-oil private sector firms in Saudi Arabia witnessed another reduction in business activity during June due to disruptions in operations and subdued customer