Saudi Data Points to Sluggish Economy

The video discusses the recent growth in oil prices and its implications for government revenue and economic stability. It covers the issuance of government bonds and international loans to manage foreign reserves. The analysis includes consumer sentiment and private sector claims, highlighting a marked deterioration. The video also examines trends in consumption and employment, noting a shift towards saving as employment rises.

What average oil price does the government expect to align with its revenue projections?

• $70.00

• $60.00

• $54.00

• $45.00

What was the main focus of the economic data released on Thursday?

• Government spending

• Oil production levels

• International trade agreements

• Consumer sentiment and private sector claims

Since when has there been a marked deterioration in sales and private sector claims?

• 2015

• 2018

• 2016

• 2011

What change in consumer behavior is noted with the increase in employment rates?

• Decreased investment

• Decreased employment

• Increased saving

• Increased spending

What was the employment rate announced recently?

• 11.7%

• 13.2%

• 12.0%

• 10.5%