UAE private sector records strongest expansion since December 2024
UAE ka non-oil private sector August mein strong momentum ke saath grow hua. Latest PMI data ke according UAE ka Purchasing Managers’ Index 55.3 par pahunch gaya, jo December 2024 ke baad business conditions mein sabse strong improvement hai.
Growth ko stronger new orders, rising output aur improving demand ne support kiya. Export demand mein bhi improvement dekhi gayi, jabki supply-side pressures comparatively ease hue.
Ye data UAE ki continued economic diversification ko highlight karta hai, particularly tourism, construction, services, logistics aur other non-oil sectors mein.
However, employment mein softness bhi report hui, suggesting companies demand improve hone ke bawajood hiring decisions mein cautious hain.
Source : Arab News.
