Price pressures spread across Saudi Arabia and the United Arab Emirates without derailing growth, as employment and sentiment in their non-oil economies stayed resilient in June. Input costs soared in the UAE at the fastest pace for 11 years and reached a 22-month peak in Saudi Arabia, according to separate surveys published by S&P Global on Tuesday. But new orders rose sharply in both of the Arab world’s two biggest economies, leading to more optimism among businesses about the outlook. S&P’s Saudi Purchasing Managers’ Index rose to 57 from 55.7 in May, while a similar gauge for the UAE dropped slightly to 54.8 last month. They remained well above the 50 mark that separates expansion from
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