FOREX TradingCharts.com

Financial News: Dubai's Non-Oil Private Sector Maintains Strong Growth Mom

Dubai's Non-Oil Private Sector Maintains Strong Growth Momentum

09/11/2017 - 00:37:00 (RTTNews)

(RTTNews) - Dubai's non-oil private sector growth was sustained at a robust pace in August, underpinned by further rises in output, new orders and employment, data published by IHS Markit showed Monday.

The seasonally adjusted Emirates NBD Dubai Economy Tracker Index remained unchanged at 56.3 in August. Any reading above 50 indicates expansion in the sector.

Among sub-sectors, the wholesale and retail industry experienced the fastest improvement, followed by construction and travel and tourism.

Both output and new orders rose sharply in July. Despite this, the pace of job creation was only marginal.

On the price front, input price inflation accelerated from June, led by higher prices of raw materials. On the other side, output prices climbed for the first time in three months.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Norges Bank Unlikely To Hike Rates In Near Future: Capital Economics (11 hr(s), 36 min(s), 16 sec(s) ago)
(RTTNews) - Norway's interest rate increases seem very far with inflation likely to remain bel ...Full Story»

Eurozone Private Sector Growth At 4-Month High (13 hr(s), 36 min(s), 16 sec(s) ago)
(RTTNews) - Eurozone's private sector expanded at the fastest pace in four months in September ...Full Story»

Russia CB Likely To Cut Rates Further On Lower Inflation Expectations (14 hr(s), 0 min(s),16 sec(s) ago)
(RTTNews) - Russia's central bank is likely to cut interest rates in the near future amid lowe ...Full Story»

Brazil Business Confidence Improves Slightly (14 hr(s), 03 min(s), 16 sec(s) ago)
(RTTNews) - Brazil's business confidence improved for the third straight month in September, t ...Full Story»

Brazil Consumer Confidence Strengthens In September: FGV (14 hr(s), 17 min(s), 16 sec(s) ago)
(RTTNews) - Brazil's consumer confidence improved in September after weakening in the previous ...Full Story»

Spain Trade Deficit Widens In July (14 hr(s), 39 min(s), 16 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased notably in July from a year ago, as import ...Full Story»

Hungary Inflation Likely To Exceed Central Bank's Projection: Capital Economics (14 hr(s), 46 min(s), 16 sec(s) ago)
(RTTNews) - Mounting capacity constraints and rapid wage growth in Hungary suggest that the headli ...Full Story»

Ireland Factory Gate Prices Fall For Third Month (15 hr(s), 18 min(s), 16 sec(s) ago)
(RTTNews) - Ireland's factory gate prices declined for the third straight month in August, fig ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Norges Bank Unlikely To Hike Rates In Near Future: Capital Economics

09/22/2017 - 10:25 AM (RTTNews)
(RTTNews) - Norway's interest rate increases seem very far with inflation likely to remain bel ...Full Story>>

Eurozone Private Sector Growth At 4-Month High

09/22/2017 - 08:25 AM (RTTNews)
(RTTNews) - Eurozone's private sector expanded at the fastest pace in four months in September ...Full Story>>

Russia CB Likely To Cut Rates Further On Lower Inflation Expectations

09/22/2017 - 08:01 AM (RTTNews)
(RTTNews) - Russia's central bank is likely to cut interest rates in the near future amid lowe ...Full Story>>

Brazil Business Confidence Improves Slightly

09/22/2017 - 07:58 AM (RTTNews)
(RTTNews) - Brazil's business confidence improved for the third straight month in September, t ...Full Story>>

Brazil Consumer Confidence Strengthens In September: FGV

09/22/2017 - 07:44 AM (RTTNews)
(RTTNews) - Brazil's consumer confidence improved in September after weakening in the previous ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.