Non-oil business activity posts strong expansion in August
The seasonally adjusted figure hit 56.4 during the month, slightly up from 56.3 in July
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The seasonally adjusted figure hit 56.4 during the month, slightly up from 56.3 in July
While output expanded in July, the pace of growth was the slowest in three-and-a-half years
The seasonally adjusted headline figure came in at 57.2 in June, up from May’s reading of 55.8
Oil’s share of total exports dropped to 68.6%
The new orders subindex inched up to 62.5 in May
The sector has showed some signs of weakness recently
The firm sees GDP growth accelerating to 3.5% in 2025 and 4.2% by 2026
The seasonally adjusted headline figure came in at 55.6 in April, dipping from March’s reading of 58.1
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