Monday, 9 April 2018

Dubai non-oil private sector activity eases to four-month low in March

Dubai non-oil private sector activity eases to four-month low in March:

"Activity in Dubai’s non-oil private sector eased to a fourth-month low but remained in expansionary territory last month, latest data from the Emirates NBD Dubai Economy Tracker show. “The headline Dubai Economy Tracker Index eased further in March to 55.3, still well above the neutral 50.0 level and indicating a solid expansion in the non-oil private sector last month,” Khatija Haque, head of MENA Research at Emirates NBD, said in a statement. “Output and new order growth remained very strong, with these components at 59.5 and 59.8 respectively.”"



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