UAE private sector growth picks up at fastest pace since December 2017: PMI | ZAWYA MENA Edition:
Growth in the United Arab Emirates' non-oil sector picked up in April at its fastest pace since December 2017 as new orders and business activity expanded, a survey showed on Sunday.
The seasonally adjusted Emirates NBD UAE Purchasing Managers' Index (PMI), which covers manufacturing and services and provides an overview of the non-oil private sector economy, rose to 57.6 in April from 55.7 a month earlier.
A reading above 50 indicates expansion and below that, contraction.
No comments:
Post a Comment