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EconomyUnited Arab Emirates
The UAE's non-oil PMI, a survey gauge of business activity, read 54.8 in October, below September's 55.3. Companies lifted their selling prices faster than ever recorded, passing along higher costs, which can raise what consumers pay.
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Non-oil private businesses in the UAE kept expanding in October. New orders rose. Firms charged more than ever before in this survey's history to cover higher running costs.
Economy
The S&P Global Purchasing Managers' Index, a survey-based gauge of business conditions, stood at 54.8. That is slightly below 55.3 in September but well above 50, the level that signals expansion.
In numbers
Economy
The data came as geopolitical disruptions weighed on business activity.
S&P Global PMI readings; 50 marks expansion.
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