‎Saudi non-oil business confidence dips in July

‎<p><img src="https://argaamplus.s3.amazonaws.com/ee7d8bda-99ca-441e-8087-02f0c9d02487.png" ></p> <p class="ckeCaption" >GASTAT defines business confidence index as a measure of optimism about future developments in non-oil sector.</p> <hr> <p >Saudi Arabia's non-oil business confidence index (BCI) slipped 0.05% in July 2026 from the previous month, according to data released by the General Authority for Statistics (<strong>GASTAT</strong>).</p> <p ></p> <p >The index declined 0.1 point to 56.5 in July from 55.6 in June, reflecting broad optimism across the business sector. This was supported by firms' confidence in the stability of economic activity in the Kingdom and continued growth across various sectors.</p> <p ></p> <p >GASTAT defines the business confidence index as a measure of optimism about future developments in the non-oil sector, based on surveys covering output, inputs, employment, as well as business development and expansion activities.</p> <p ></p> <p ></p> <p ></p> <p ></p> <p >The industrial sector's BCI inched lower 0.4% month-on-month (MoM) to 54.7 in July.</p> <p ></p> <p ></p> <p ></p> <p ></p> <p >The services sector's BCI also declined by 0.4% MoM to 55.3, while the construction sector's BCI lost 0.1% to 57.7.</p> <p ></p> <p></p> <p></p> <p></p> <p></p> <p ></p> <table border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > <p ><strong><span ><span >BCI Based on Economic Activities</span></span></strong></p> </td> </tr> <tr > <td > <p ></p> </td> <td > <p align="center" ><strong><span ><span ><span >June 2026</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >July 2026</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >Change</span></span></span></strong></p> </td> </tr> <tr > <td > <p ><strong><span ><span >Industry</span></span></strong></p> </td> <td > <p align="center" ><span ><span >55.0</span></span></p> </td> <td > <p align="center" ><span ><span >54.7</span></span></p> </td> <td > <p align="center" ><span ><span ><span >(0.4%)</span></span></span></p> </td> </tr> <tr > <td > <p ><strong><span ><span >Services</span></span></strong></p> </td> <td > <p align="center" ><span ><span >55.5</span></span></p> </td> <td > <p align="center" ><span ><span >55.3</span></span></p> </td> <td > <p align="center" ><span ><span ><span >(0.4%)</span></span></span></p> </td> </tr> <tr > <td > <p ><strong><span ><span >Construction</span></span></strong></p> </td> <td > <p align="center" ><span ><span >57.8</span></span></p> </td> <td > <p align="center" ><span ><span >57.7</span></span></p> </td> <td > <p align="center" ><span ><span ><span >(0.1%)</span></span></span></p> </td> </tr> <tr > <td > <p ><strong><span ><span ><span >Headline Non-Oil Business</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >56.6</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >56.5</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >(0.05%)</span></span></span></strong></p> </td> </tr> </tbody> </table> <p ></p>

Publication

Argaam - Main News · Trade Publication

Published

10th August 2026

Original report

argaam.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.