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المشهد العربي
Source: المشهد العربي
5 Hrsالمشهد العربي
Source: المشهد العربي
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The UAE’s non-oil private-sector companies raised their selling prices for goods and services in October at the fastest pace since the survey began in August 2009, as growth in new orders and output accelerated. The Purchasing Managers’ Index (PMI) slipped to 54.8 from 55.3 in September, but remained above the 50-point threshold indicating growth. Export orders rose at their fastest pace in two years, while inflation in input costs accelerated to its highest level since June 2022. Employment edged down slightly, while companies’ expectations for business activity over the coming year reached their highest level since the start of the year.
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