Private sector business activity in the United Arab Emirates (UAE) eased in November from a 15-month peak in the previous month as new orders and job creation weakened, a purchasing managers' survey showed on Monday.
The HSBC UAE Purchasing Managers' Index (PMI), which measures the performance of the OPEC member's manufacturing and services sectors, fell to 52.9 points in November after hitting 53.8 points in October, the highest level in the survey's history.
It is still holding above the 50 point mark that separates growth from contraction.
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