Dubai recorded its strongest improvement in private sector performance in two years

 

Here’s the greatest improvement for Dubai in in private sector performance in the past tow years ,as we can  see the Production in the private sector is increasing at the fastest rate since July 2019 in dubai which makes it achieve a huge good result 

Dubai’s non-oil economy recorded a strong expansion in October, supported by a sharp recovery in new orders and an increase in tourism activity at the start of Expo 2020.In the context of easing travel restrictions, supply chains are also starting to improve, while production has grown at the fastest rate in more than two years. At the same time, the increase in demand led to the strongest forecast for future activity since March 2020.

The Markit IHS Purchasing Managers’ Index (PMI) is an indicator derived from individual dispersion indicators that measure changes in production, new orders, employment, delivery times for suppliers, and inventories of purchased goods. The study covers the private sector economy without oil in Dubai, with additional sector data published for the travel and tourism, wholesale and retail and construction sectors.