FOREX TradingCharts.com

Financial News: UAE Non-Oil Private Sector Growth Remains Strong

UAE Non-Oil Private Sector Growth Remains Strong

01/05/2022 - 07:01:00 (RTTNews)

(RTTNews) - The UAE non-oil private sector growth eased slightly in December, survey results from IHS Markit showed on Wednesday.

The Purchasing Managers' Index dropped to 55.6 in December from 55.9 in November. A score above 50 indicates expansion.

New orders increased sharply in December and new export orders expanded.

Output increased in December and backlogs of work rose for the sixth straight month.

Input prices rose sharply in December, while output charges declined for the fifth straight month.

Business confidence for the next 12 months dropped to the lowest in three months.

"The next few months may prove more challenging, however, depending on how the Omicron variant impacts worldwide travel and local restrictions," David Owen, an economist at IHS Markit, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Taiwan Manufacturing Sector Slows In January - Markit (30 min(s), 09 sec(s) ago)
(RTTNews) - The manufacturing sector in Taiwan continued to expand in January, albeit at a slower ...Full Story»

Australia Producer Prices Rise 1.3% On Quarter In Q4 (10 min(s), 09 sec(s) ago)
(RTTNews) - Final demand producer prices were up 1.3 percent on quarter in the fourth quarter of 2 ...Full Story»

Tokyo Inflation Climbs 0.5% On Year In January (50 min(s), 09 sec(s) ago)
(RTTNews) - Consumer prices in the Tokyo region of Japan were up 0.5 percent on year in January, t ...Full Story»

South Korea Industrial Output Spikes 4.3% On Month In December (20 min(s), 09 sec(s) ago)
(RTTNews) - Industrial production in South Korea advanced a seasonally adjusted 4.3 percent on mon ...Full Story»

South Korea Retail Sales Add 2.0% On Month In December (09 sec(s) ago)
(RTTNews) - The value of retail sales in South Korea was up a seasonally adjusted 2.0 percent on m ...Full Story»

South Korea Industrial Production Jumps 4.3% On Month In December (45 min(s), 09 sec(s) ago)
(RTTNews) - Industrial output in South Korea climbed a seasonally adjusted 4.3 percent on month in ...Full Story»

Hong Kong GDP Data Due On Friday (05 min(s), 09 sec(s) ago)
(RTTNews) - Hong Kong will on Friday release an advance estimate for Q4 gross domestic product, hi ...Full Story»

South Africa Hikes Key Interest Rate Further (23 min(s), 09 sec(s) ago)
(RTTNews) - South Africa's central bank raised the key interest rate further on Thursday in a ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Taiwan Manufacturing Sector Slows In January - Markit

01/27/2022 - 19:55 PM (RTTNews)
(RTTNews) - The manufacturing sector in Taiwan continued to expand in January, albeit at a slower ...Full Story>>

Australia Producer Prices Rise 1.3% On Quarter In Q4

01/27/2022 - 19:35 PM (RTTNews)
(RTTNews) - Final demand producer prices were up 1.3 percent on quarter in the fourth quarter of 2 ...Full Story>>

Tokyo Inflation Climbs 0.5% On Year In January

01/27/2022 - 19:15 PM (RTTNews)
(RTTNews) - Consumer prices in the Tokyo region of Japan were up 0.5 percent on year in January, t ...Full Story>>

South Korea Industrial Output Spikes 4.3% On Month In December

01/27/2022 - 18:45 PM (RTTNews)
(RTTNews) - Industrial production in South Korea advanced a seasonally adjusted 4.3 percent on mon ...Full Story>>

South Korea Retail Sales Add 2.0% On Month In December

01/27/2022 - 18:25 PM (RTTNews)
(RTTNews) - The value of retail sales in South Korea was up a seasonally adjusted 2.0 percent on m ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.