UAE: Non-oil sector growth softens in Dubai

  • Date: 12-Oct-2021
  • Source: Gulf Insider
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

UAE: Non-oil sector growth softens in Dubai

Dubai’s non-oil sector saw a decline in September as its PMI decreased from 53.3 in August to 51.5. Weaker customer demand and a fall in orders contributed to this drop in activity.

However, business confidence received a boost in October due to the start of Expo 2020 and the event is also expected to generate higher sales.