UAE's output sector increases steadily


(MENAFN) UAE's output, new orders and input increased more slowly, whereas the main effort on the sector was inactivity in employment.

However, cost pressures remained quiet and charges continued to decline, while greater competition was cited as the main cause of lower tariffs.

Accordingly, growth momentum in the UAE slowed a little in April, and external demand remains subdued, and firms appear to be unwilling to increase.

Non-oil private sector economy recorded a drop by 52.8 percent, down from March's four-month high of 54.5 percent.


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