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FINANCIAL NEWS
Business conditions in Dubai enhance, growth momentum eases
12 Jun 2017
(MENAFN) The Emirates NBD Dubai Economy Tracker Index for last month points to strong but slower growth in Dubai’s economy.
Accordingly, the slowest pace of improvement observed in non-oil private sector of Dubai seven months, while construction firms viewed the fastest improvement in business conditions.
In April, the construction sector index eased, still signaling a strong increase in the sector last month, while output and new work growth remained very strong in May.
Additionally, input cost inflation eased in May, and selling prices were stable after notable discounting in the prior seven months.
MENAFN1206201700450000ID1095552874
MENAFN1206201700450000ID1095552874
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