The Purchasing Managers' Index in Saudi Arabia drops to 54 points in October from 55.3 points in September. Although the index fell, it recorded the second highest level since February. October witnessed an improvement in operating conditions in the economy that does not produce oil for the seventh month in a row. Export orders are down for the eighth month in a row and at a faster pace.

The Purchasing Managers' Index in Saudi Arabia drops to 54 points in October from 55.3 points in September. Although the index fell, it recorded the second highest level since February. October witnessed an improvement in operating conditions in the economy that does not produce oil for the seventh month in a row. Export orders are down for the eighth month in a row and at a faster pace.