The UAE's seasonally adjusted S&P Global Purchasing Managers' Index (PMI) for services reached its highest level in nine months, climbing to 54.8 points in November. This marks an increase from 53.8 points in October and surpasses the long-term average of 54.3 points. The rise in the index indicates continued expansion in the country's services sector.
UAE's Business Activity Index Hits 9-Month High
The UAE's seasonally adjusted S&P Global Purchasing Managers' Index (PMI) for services reached its highest level in nine months, climbing to 54.8 points in November. This marks an increase from 53.8 points in October and surpasses the long-term average of 54.3 points.