Growth in business activity in the United Arab Emirates’ non-oil private sector eased to a three-month low in June, a purchasing managers’ survey showed on Tuesday.
The HSBC UAE Purchasing Managers’ Index, which measures the performance of the manufacturing and services sectors, fell to 53.2 points last month from an 11-month high of 53.8 in May.
The adjusted index remains above the 50-point mark which separates growth from contraction, the survey of 400 private sector firms showed.
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