Data from the first PMI survey in 2024 showed strong expansion in the UAE's non-oil private sector. With rising new business flows leading to a noticeable increase in business activity.
Strong demand, increased customer numbers, and promotional activity helped to improve business conditions, albeit with a decline in output growth to a five-month low. Similarly, job creation slowed in January, while rising supply chain risks led to a faster increase in input costs for firms.
Source (Al Khaleej Emirati Newspaper, Edited)
