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DUBAI / Emirates Business
The UAE’s non-oil private sector has maintained a solid monthly improvement, according to the latest Purchasing Managers’ Index (PMI) issued by Emirates NBD.
The improvement in business conditions reflected sharper increases in output, new orders and stocks of purchases, as well as a return to job creation. These all in some way were linked to anecdotal evidence citing signs of an improvement in market demand during the month of March.
New orders increased at a marked pace, with growth in line with the series average.