UAE non-oil PMI eases to 54.8 as price pressures intensify
- The UAE's non-oil PMI decreased to 54.8 in October from 55.3 in September, maintaining a position above the expansion threshold of 50.
- Geopolitical disruptions impacted business activity, but resilient demand and public investment sustained growth in the non-oil economy.
- Output prices in the UAE non-oil sector experienced the fastest increase in the survey's history, driven by rising fuel prices and material costs.
