A recent economic survey revealed that Saudi Arabia's non-oil private sector activity contracted in March 2023 for the first time since August 2020, influenced by the regional war's repercussions.
The ongoing conflict in the Middle East has significantly deteriorated the performance of Kuwait's non-oil private sector, with the Purchasing Managers' Index dropping to 46.3 in March 2026. This marks the first decline below the neutral level in 19 months.
The non-oil trade activity in the United Arab Emirates has seen significant growth in March, despite the challenges posed by the ongoing war in Iran. This expansion reflects the UAE's economic resilience in adapting to changing regional conditions.
The Indonesian Ministry of Finance reported that the Purchasing Managers' Index (PMI) for the manufacturing sector reached <strong>50.1</strong> in March <strong>2026</strong>, reflecting underlying strength despite a decline in global demand. This comes as the country faces multiple economic challenges.
The Indonesian Chamber of Commerce and Industry reports continued growth in the manufacturing sector despite global pressures. The Purchasing Managers' Index shows a slight decline, reflecting weak demand, particularly from foreign markets.
Indonesian Minister of Industry Agus Gumiwang Kartasasmita reported that the manufacturing sector demonstrates remarkable strength, with the Purchasing Managers' Index (PMI) reaching 50.1 in March 2026, indicating continued activity despite global pressures.
Turkey's industrial activity experienced a significant contraction in March, with the Purchasing Managers' Index dropping to <strong>47.9</strong>, reflecting the impact of the ongoing war in the Middle East on demand and costs.
A recent survey revealed that industrial activity in South Korea saw its strongest expansion in over four years in March 2023, driven by increasing demand for semiconductors and new product launches, despite regional conflicts.
A recent official survey revealed that Chinese manufacturing activity surged in March, marking the fastest growth in a year, driven by improved demand. This reflects positive signals for the Chinese economy amid global pressures.
China's industrial activity saw a significant rebound in March, reflecting improved production amidst concerns over potential conflict in Iran affecting economic growth. This recovery comes at a critical time with regional conflict implications looming.
China's industrial activity saw a surprising growth in March, with the Purchasing Managers' Index rising to <strong>50.4</strong>, exceeding expectations after two months of contraction. This rebound indicates a recovery in both domestic and international demand.
A recent survey revealed a significant slowdown in the Eurozone's private sector growth during March 2023, attributed to the ongoing war in the Middle East, which has led to rising input costs and severe supply chain disruptions.