Companies raised their sales prices again in November, aiming to capitalize on strong demand and offset rising production costs. Companies also expressed slightly higher optimism about the level of activity in the coming twelve months, with expectations recovering slightly from the low level recorded in October. The non-oil private sector in the UAE saw the fastest expansion in 11 months in November, driven by strong market conditions that boosted new business. The expansion also led to a faster increase in employment levels, which contributed to higher wage costs and increased overall expenses. Dubai's non-oil private sector companies also showed significant improvement.
