UAE private sector growth falls to nine-year low: PMI

Growth in the United Arab Emirates's non-oil private sector slowed to a nin...

DUBAI - Growth in the United Arab Emirates’s non-oil private sector slowed to a nine-year low in September, amid record low new orders reflecting soft demand, a survey showed on Thursday.

The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index , which covers manufacturing and services, fell slightly to 51.1, from 51.6 in August.

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