Dubai And Saudi Arabia PMI Data Released
Dubai's Purchasing Managers Index (PMI) for April was reported at 51.6, a decrease from the 53.2 recorded in March. Saudi Arabia's April PMI rose to 51.5, an increase from the 48.8 recorded in March which indicated contraction.
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Sources · 7 independent
Bloomberg Radio
“Dubai PMI figure for March has come in at 51 for April, rather, 51.6 versus 53.2 in March. So Dubai actually moved lower throughout the course of April. Saudi Arabia in April PMI came in at 51.5. That is higher than the March figure, which shows contraction, 48.8 in March.”
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