MENA | July PMIs, Oman’s electricity subsidies, Iran inflation
The PMIs for Saudi Arabia, the UAE and Qatar all remained in expansionary
territory in July at 55.8, 54.0 and 52.2 respectively. Both the UAE and Qatar’s
PMI rose on the back of stronger demand, but Saudi Arabia’s PMI fell for the
first time in four months.
What you will learn:
- The Omani government is set to reconsider plans to remove electricity
subsidies following complaints over the significant increase in May and June bills, with the authorities keen to avoid the clashes seen earlier this year due to worsening economic conditions and the current unemployment crisis. - Iran’s headline inflation slowed in July to 43.7% y/y from 47.7% in June but remains high despite a decline in food and housing and utility price inflation rates.
- Saudi Arabia’s headline PMI declined for the first time in four months to 55.8 in July from 56.4 in June but remained well above the 50 no-change mark.
Tags:
Related Services

Post
Storey split forecasts for new homes in Australia
Stay informed on multi-storey residential construction trends. Learn about policy impacts, regional differences, and the shift towards medium density housing.
Find Out More
Post
Why tariffs won’t strangle consumer spending
We think the damage from US tariffs on Eurozone consumer spending will be relatively mild. This is crucial for the Eurozone economic outlook, as the gradual rebound in private consumption is the only growth engine at present.
Find Out More