Middle East Economic Survey
VOL. LIV
No 19
9-May-2011
UAE
UAE Non-Oil Sector Grows At Series Record Rate In April, Says HSBC
Boosted by a sharp rise in new business, UAE non-oil private sector output grew at a series record rate in April, according to a report published by HSBC on 3 May. Climbing to 57.5 in April, from 54.7 in March, the headline seasonally adjusted HSBC UAE Purchasing Managers Index (PMI) a composite indicator designed to provide a single figure snapshot of the performance...
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