Saudi PMI slips to a 15-month low as omicron uncertainty weakens customer demand

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Thu, 2022-02-03 18:04

Saudi Arabia’s Purchasing Managers’ Index fell by 0.7 points in January, according to a press release from IHS Markit. 

The headline index figure slipped to 53.2 from 53.9 in December 2021, having fallen for the fourth consecutive month. 

It hit the 15-month lowest level after dropping to the nine-month low in December 2021.

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