UAE non-oil private sector reports significant growth

UAE non-oil private sector reports significant growth

The UAE’s non-oil private sector has experienced significant growth in business and output over the last three months.

That’s according to the latest Emirates NBD Purchasing Managers’ Index (PMI) report, which also noted higher than usual buying activity in November.

Analysts predict increased spending to continue into December as households and businesses are looking to make more purchases before the introduction of the 5 per cent  VAT rate in January 2018.



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