(MENAFN) The non-oil private sector's increase gained steam in June, trailing May's weakest improvement in six months, helped by the sharper rise in new orders and output.
Additionally, the ongoing upturns in output and new order book volumes supported firms to engage in input buying, leading to more increases in inventories.
The cited month saw a renewed increase in input costs, while in spite of increased cost pressures, companies continued to offer discounts amid reports of intense competition.
MENAFN0407201700450000ID1095597143
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.