Experts predicted that non-oil industry will grow at a rate of 5.2 per cent in 2025, continuing to pick up speed. This is reported by Arab News.

Forecasts indicate that non-oil activity growth will continue, helped by a growth-oriented fiscal strategy that prioritises raising investment spending and will boost growth in the upcoming years.

This is consistent with the pattern that saw growth in non-oil activity of 5.6 per cent in 2022 and 4.4 per cent in 2023.

However, it is anticipated that the Kingdom’s inflation rate will fall to 2 per cent in 2024 and then gradually increase to 2.4 per cent in 2025.

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