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03-02-22
UAE non-oil subdivision grows extremely last month
(MENAFN) In line with recent PMI survey information, UAE's non-oil subdivision kept on growing sharply last month.
Business activity was again improved by strong trades from the Expo 2020 last month, beside a wide bounce back in economy from the epidemic.
The newest survey information stated that a high increase in new work caused a n extra growth in output in the non-oil subdivision.
The headline seasonally changed IHS Markit UAE Purchasing Managers' Index (PMI), which is a compound sign aimed to provide an outline of functioning situations in the non-oil private subdivision economy, declined from 55.6 in December to 54.1 in January.
MENAFN03022022000045012476ID1103635529
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