February’s PMI data show the UAE’s non-oil private sector’s strong start to the year continues. The index rose slightly to 54.3 in February, up from 54.2 in January. This puts it at its highest value since the survey began in August 2009. (See Chart.) Although it is still too early to expect the ongoing political turmoil in the Middle East region to affect PMI figures, the impact on the UAE is likely to be limited.
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