UAE business activity drops to 4-month low | Economy | Saudi Gazette:
"Business activity growth in the United Arab Emirates’ non-oil private sector fell to a four-month low in September as gains in new orders slowed despite increasing output, a survey showed on Tuesday.
The HSBC UAE Purchasing Managers’ Index, which measures the performance of the manufacturing and services sectors, dropped to 57.6 points in September from a record high of 58.4 points in August.
The adjusted index remains well above the 50-point mark which separates growth from contraction, the survey of 400 private sector firms showed."
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