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MENAFN - 05/02/2014
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(MENAFN) The non-oil producing private sector in the UAE has posted a sharp increase in activity in January causing employment levels to edge up slightly, Khaleej Times reported



The HSBC purchasing manager's index (PMI) reveals that order intakes went up in the month with 43 percent of the companies reporting growth



The headline PMI dropped marginally in January to 57.1 from 57.4 in December, showing improvement in the sector



The report said: "Operating conditions in the sector have now improved continuously on a monthly basis since September 2009, with the latest reading among the highest seen in the survey's history.

 


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