FINANCIAL NEWS

Dubai’s economy remains stable in August

08 Sep 2016

(MENAFN) Dubai private sector maintained positive in August this year at 55.7 percent, while output and new orders still increased sharply in the same month.Furthermore, businesses also appeared to be more positive about the coming months, which is encouraging.Meanwhile, there were also strong sales growth in the same month, supported by improving economic conditions and successful discounting plans.In addition, input price inflation continued for the sixth consecutive month in August, with higher operating costs posted amid all three key sub-sectors.

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