مؤشر قطاع الإنشاءات السعودي يتراجع في سبتمبر 2026 إلى 54.4 نقطة Saudi construction sector index declines to 54.4 points in September 2026.
Al Rajhi Capital’s index for the Saudi construction sector recorded 54.4 points in September 2026, compared to 55.4 points in August, recording the slowest growth in business activity in four months.
Al Rajhi Capital’s Saudi Construction Sector Index recorded 54.4 points in September 2026, compared with 55.4 points in August, marking the slowest growth in business activity in four months.
The index is based on a monthly survey that includes about 200 construction companies, and monitors changes in activity, new orders, employment, and prices.
The index is based on a monthly survey of approximately 200 construction companies and tracks changes in activity, new orders, employment, and prices.
September results showed continued growth in the three construction sectors, with residential construction and infrastructure leading the way.
September’s results showed continued growth across all three construction segments, with residential construction and infrastructure leading the way.
The infrastructure index rose to 55.8 points, compared to 53.9 points in August, recording the second highest reading since the start of the survey in January 2026.
The infrastructure index rose to 55.8 points from 53.9 points in August, recording its second-highest reading since the survey began in January 2026.
The residential construction index reached 56.6 points, while non-residential buildings recorded 50.9 points, reflecting a slight expansion in their activity.
The residential construction index reached 56.6 points, while the non-residential buildings index stood at 50.9 points, indicating slight growth in activity.
The companies attributed the continued growth to strong demand, favorable market conditions, and major construction projects.
Companies attributed continued growth to strong demand, favorable market conditions, and major construction projects.
On the other hand, some companies cited slow customer decisions and high price inflation as among the most prominent challenges.
However, some companies identified slower customer decision-making and rising price inflation as major challenges.
New orders continued to rise for the fifth month in a row, despite recording the slowest growth rate since last May.
New orders continued to increase for the fifth consecutive month, despite recording their slowest growth rate since last May.
The infrastructure sector recorded the highest growth in new orders, while non-residential buildings achieved the lowest growth rate.
The infrastructure segment recorded the strongest growth in new orders, while non-residential buildings registered the weakest growth rate.
Companies reported postponing some approvals for commercial development projects, affected by geopolitical conditions in the region.
Some companies reported delays in approvals for commercial development projects, citing the impact of geopolitical conditions in the region.
On the costs side, 45% of participating companies reported an increase in production input prices during September, compared to less than 1% that recorded a decrease.
Regarding costs, 45% of participating companies reported an increase in input prices during September, while fewer than 1% reported a decline.
Input price inflation recorded its highest level since the beginning of 2026, reflecting continued pressures on operating costs.
Input price inflation has reached its highest level since the beginning of 2026, reflecting continued pressure on operating costs.
