Non-oil business activity posts strong expansion in August
The seasonally adjusted figure hit 56.4 during the month, slightly up from 56.3 in July
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The seasonally adjusted figure hit 56.4 during the month, slightly up from 56.3 in July
While output expanded in July, the pace of growth was the slowest in three-and-a-half years
The new orders subindex climbed to 65.5 in December up from 63.4 the previous month
Strong demand drove businesses to shore up their inventories and ramp up hiring
Selling prices have risen for the first time since June
The headline PMI figure came in at 56.3 last month, up from 54.8 in August
The PMI figure rose for the first time this year since February
The headline figure remained firmly in expansion territory despite falling for the third consecutive month
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