Non-oil Saudi private sector records growth
- Date: 05-Apr-2023
- Source: Al Bawaba
- Sector:Oil & Gas
- Country:Saudi Arabia
Non-oil Saudi private sector records growth
ALBAWABA - The non-oil private sector in Saudi Arabia showed rapid expansion in March, Riyadh PMI reported.
Despite a slight decrease from February, production and new business continued to grow, leading to increased employment and purchases, the firm said in a statement.
It said companies faced difficulties in passing on increased costs due to intense market competition, causing a slight rise in sales prices.
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