UAE's non-oil business activity picks up in Feb on output growth-PMI
newscatcher
2023-03-03 07:30
UAE's non-oil business activity picks up in Feb on output growth-PMI
DUBAI – Growth in the United Arab Emirates' (UAE) non-oil private sector in February accelerated slightly from the previous month, supported by a pick up in output growth, although the overall outlook remains uncertain, a survey showed on Friday. The seasonally adjusted S&P Global UAE Purchasing Managers' Index (PMI) expanded to 54.3 in February from 54.1 in January, in line with the series long run trend, and remained above 50 separating growth from contraction. The output sub-index rose to 62.

https://business.inquirer.net/389265/uaes-non-oil-business-activity-picks-up-in-feb-on-output-growth-pmi

#inquirer
Piilota kommentit Kommentit (0)

Sinun täytyy kirjautua sisään ennen kuin voit kommentoida.