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Dubai’s private sector business conditions improved in March

Ankit Sharma

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<p>Dubai: Dubai Economy Tracker (DET) data for March signalled an improvement in business conditions across Dubai&rsquo;s non-oil private sector with sharp growth in both output and new work contributing to the latest expansion.</p> <p>While the employment slipped into contraction for the first time since February last year, the DET index slipped marginally to 55.3 in March from 55.8 in February.</p> <p>Growth was recorded across all three monitored sub-sectors in March, led by travel &amp; tourism (56.7), followed by wholesale &amp; retail (56.3) and construction (53.2).</p> <p>&nbsp;</p> <p>Source-<a href="http://gulfnews.com/business/economy/dubai-s-private-sector-business-conditions-improved-in-march-1.2202510" target="_blank">http://gulfnews.com/business/economy/dubai-s-private-sector-business-conditions-improved-in-march-1.2202510</a>​</p> <p>&nbsp;</p>