Growth in the United Arab Emirates' non-oil private sector eased to a three-month low in November as the surge in new orders lost a little steam, a survey showed on Wednesday.
The HSBC UAE Purchasing Managers' Index, which measures the performance of the manufacturing and services sectors, edged down to 53.7 points last month from 53.8 in October.
The adjusted index remained well clear of the 50-point mark that separates growth from contraction in the survey of 400 private sector firms, although the headline reading was well below that of neighbouring Saudi Arabia.
No comments:
Post a Comment