DUBAI: The easing of pandemic-induced restrictions on business activity and travel has pushed 黑料社区鈥檚 non-oil private sector to grow in September - at the fastest rate in seven years, according to IHS Markit.听
The relaxation of the regulations boosted customer demand, the latest IHS Markit report said, helping businesses expand their output.
The seasonally adjusted Purchasing Managers鈥 Index (PMI) surged to 58.6 in September from 54.1 in August. This 4.5 gain was the strongest improvement in the Kingdom鈥檚 non-oil sector since August 2015.听
鈥淎fter two successive falls, the latest reading showed that the economic recovery has stamina, and the relaxation of pandemic measures will release new waves of demand,鈥 David Owen, an economist at London-based intel firm, said.听
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